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Investing in Spain

Investing in Spain 2005

Twenty years ago, Spain was a largely agrarian country seen as a low-wage, low-cost manufacturing base or a cheap destination for beach holidays. Now, it is a fast moving and dynamic economy with strong inward and outward investment. - -

Content

Ready to take a larger role on the European stage

With the country increasingly wealthy and confident, the home market is attracting interest, while businesses are also expanding abroad.

Private equity: Helpful role in reinvigorating business

Long seen as the enemy, its successes mean the industry is now rated a good thing.

Asset management: Country moves up the wealth curve

Excess cash seeks investment expertise, says Mark Mulligan.

IT: Search for the ‘missing link’ of enterprise

The country often falls down on the development part of research and development as it lacks a strong tradition of venture capital financing, writes Mark Mulligan.

José Contilla: Quiet Catalan’s broking skills put to the test

Leslie Crawford on the influential head of a super ministry.

Public works: Next task is to improve rail links with France

Helped by €90bn of EU funds, Spain was Europe’s biggest spender on infrastructure in the 1990s, says Mark Mulligan.

Commercial property: Scarcity of land pushes up prices

Mark Mulligan profiles a particularly vibrant sector of the economy.

Biotechnology: Great oaks from little acorns grow

Spain is building the sector from scratch and without a tradition of collaboration between science and industry.

Tourism: In good shape, but trying a new model

Mark Mulligan finds that the industry is in transition.

Valencia’s formula for getting ahead is by thinking big

The city on the east coast has become skilled in orchestrating large-scale projects and getting private and public sectors and even academia working together.

Cinema: Light but no action at studios