pressreleaseMonday, March 13, 2017
The Stockholm region is growing faster than the rest of Europe and the investment potential is estimated to be EUR 95 billion through 2030 in the areas of housing, infrastructure and innovation. A sweeping 340,000 new dwellings will be built, which alone will require investments at a record level of EUR 53 billion.
This increase in housing construction has seen no parallel since the late nineteenth century, when Stockholm’s population doubled in less than 40 years. Today, the Stockholm region is once again experiencing a rapid increase in population. Dubbed the “Unicorn factory,” the Stockholm region is one of the hottest innovation and tech hubs in the world and attracts talent like never before, while the net outflow of talent remains insignificantly low according to a study by LinkedIn.
In addition to the 340,000 new dwellings planned through 2030, the investment potential comprises the following significant projects:
- Extended subway system (EUR 2.7 billion)
- Infrastructure “The east coast line” (EUR 2.6 billion) and “The Stockholm Bypass” (EUR 1.5 billion)
For international investors, the Stockholm region offers the best business climate in the world and has a highly competitive growth rate both in terms of increase in population and GRP. The EU Commission ranks Stockholm as the second most competitive region on mainland Europe.
“The Stockholm region has experienced steady economic growth since the turn of the millennium. Even in conjunction with the financial crisis of 2008-2009, when growth fell in many other European cities, Stockholm never stopped generating a positive GDP. In addition to steady growth, we offer liquidity and transparency. It’s safe doing business in Stockholm,” says Olle Zetterberg, CEO of Stockholm Business Region.
At a national level, Sweden was ranked the best country for business 2017 by Forbes and the second most innovative country in the Bloomberg Innovation Index, which ranks the world’s most pioneering economies.
To learn more about the investment opportunities and competitiveness of the Stockholm region, international investors and real estate professionals are invited to meet with Stockholm region municipalities and property partners at MIPIM in Cannes on March 14-17 in the Stockholm booth R7.G26. Investors are also welcome to attend the seminar “How does Sweden develop innovative urbanization?” on March 15, at 4:30-5:30 PM at Palais des Festivals.
MIPIM is one of Europe’s largest real estate and investment fairs and will take place from March 14-17 in Cannes, France.
For more information:
Olle Zetterberg, CEO of Stockholm Business Region +46 70 472 80 10
Erik Krüger, Business Development Manager, Infrastructure, Invest Stockholm +46 70 472 80 87
Marie Sundström, PR and Marketing Manager, Invest Stockholm +46 761 22 80 50