Extremadura is already the second region in Spain in installed solar energy, the third in photovoltaic, and is among the leading low-carbon economies in Europe. Bear in mind that prior to the time frame set for implementation, the region already surpasses one of the objectives of the EU 2020 Strategy for contributing renewable energy to final gross energy consumption, which in 2011 was 33.73%, and is expected to increase to 68% by 2020, thereby tripling the European objective of 20% for all of Europe.
The agri-food industry in Extremadura is a mainstay of the regional economy. The industry is important to the region primarily for three reasons: first, its impact on the economy of Extremadura (6.26%), which is more than twice its influence on the Spanish economy; second is for food, beverage and tobacco production, which is linked to agriculture and accounts for 35% of industrial activity compared to 20% for the Spanish industry in total; and third, is for the 35.8% foreign trade balance surplus for exports of consumer goods.
Information and communication technology
ICT is one of the fastest growing industries in the region in recent years. Due to its evolution and potential in Extremadura, the ICT industry is an active hub for cross-cutting technology development and has led to the establishment of zero-waste software development companies.
Analysis of the relationship of scientific-technology domains associated with areas of excellence in the Strategy for Smart Specialization of Extremadura.
The relationship between areas of excellence in the RIS-3 and the cross-cutting scientific-technology domains identified throughout the process of analysis in the Strategy for Smart Specialization in Extremadura are perfectly defined in the VI PRI as suitable for the advancement of green and circular economy in the region, since both the potential and requirements for its development are taken into account.
Extremadura is a region with a wealth of natural and cultural resources in tourist areas. Its strategic location benefited practically every civilization that inhabited the Iberian Peninsula. As a result, there are numerous monuments; archaeological and cultural areas of interest, like the 32 localities declared historic-artistic sites; 3 World Heritage sites, and a broad range of museums and collections that comprise the rich legacy of different cultures that have populated these lands.
Thanks to the open spaces it has managed to preserve, and the many diverse ecosystems, Extremadura has become an international benchmark in ornithological tourism, which is an engine for economic growth in the region.
Logistics and transport
EXPACIOMÉRIDA and EXPACIONAVALMORAL are planned industrial parks with infrastructures and services designed to meet the needs of large industrial, logistics and business projects, and to allow their companies a faster set up. The SOUTH-WESTERN IBERIAN LOGISTICS PLATFORM is a major cross-border cooperation project that would put Badajoz on the European map. It is expected to have a 16,500-ton minimum loading and unloading capacity that will make it an international benchmark in freight traffic. The loading and unloading capacity would allow for working with eleven 750 m long trains on a daily basis.
Extremadura has an excellent land connection from north to south and east to west via two highways. The European Railway Corridor (TEN-T), which connects Lisbon with Madrid by high-speed rail, runs through it; and the Badajoz Airport has direct flights to Madrid and Barcelona, and access to the Lisbon and Seville airports.