Andorra High Quality of Life A Year-Round Destination A - - PowerPoint PPT Presentation

▶
andorra
SMART_READER_LITE
LIVE PREVIEW

Andorra High Quality of Life A Year-Round Destination A - - PowerPoint PPT Presentation

Nov 04, 2022 338 likes •575 views

Andorra High Quality of Life A Year-Round Destination A Complete Tourist Offer Sound Public Finances Dynamic Economy A Competitive Business Environment A Small Country with a Large Tourist Culturally

slide-1
SLIDE 1
slide-2
SLIDE 2

Andorra

Population: 2016: 78.264 Total Area 468 km2 Close to Barcelona: 207,1 km Toulouse: 180,4 km Official Currency: Euro Official Language: Catalan French, Spanish and Portuguese Other Spoken Languages Andorran Flag

  • High Quality of Life
  • Sound Public Finances
  • A Competitive Business Environment
  • Culturally Open to International Companies
  • A Year-Round Destination
  • A Complete Tourist Offer
  • Dynamic Economy
  • A Small Country with a Large Tourist

Sector

slide-3
SLIDE 3

A prosperous and diverse country

GDP per capita 2015 [$ PPPS]

Lux.

102.101 60.491 47.167

46.375

41.351 39.813 37.691 34.521

Swi. Ger. And. UK. Fra. UE. Avg. Spa.

  • 50% of the population are foreign

nationals

  • High quality of life
  • More than 100 different nationalities
slide-4
SLIDE 4

High Quality of Life

  • Low crime rate [0 crimes in 2016]
  • Three choices of free public education systems
  • First ranked country in terms of healthcare access and quality index
  • Oceanic climate with over 2.000 hours of sun per year
  • Protected national Parks represent 36% of the territory

Quality of surface water Air quality Acoustic contamination

25 50 75 100

Excellent Good Acceptable Bad

81% 89% 88%

slide-5
SLIDE 5

A competitive business environment

98% of homes and businesses have access to broadband internet 100% of homes and businesses log on to the Internet through Optical fiber network Excellent quality of electrical supply Extremely competitive price of electricity for companies

slide-6
SLIDE 6

An economy centered on services

49%

5%

13% 33%

Tourism Construction Public Administration Others

slide-7
SLIDE 7

197,30 227,69 244,61 245,14 275,51 296,54 350,39 389,87 416,05 387,81 356,94 359,13 454,92 376,43 376,89 404,02 416,20 180,10 219,23 224,58 226,14 242,21 255,79 279,33 321,93 316,90 271,25 303,99 308,23 368,02 392,14 371,54 390,76 438,80 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016

Public Finance

National Annual Budgetary Report [in Millions of €]

Public Expenditure Income

slide-8
SLIDE 8

Public Finance

Annual Turnover [in Millions of €]

2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016

  • 17,21
  • 8,47
  • 20,03
  • 19
  • 33,30
  • 40,76
  • 71,06
  • 67,93
  • 99,15
  • 116,56
  • 52,94
  • 50,90
  • 86,91

15,71

  • 5,35
  • 13,26

22,61

slide-9
SLIDE 9

16,30% 14,90% 14,30% 18,10% 31,20% 38,50% 41,90% 41,40% 41,00% 40,60% 40,20%

  • 4,9%

0,0%

  • 4,0%

9,8% 15,3% 41,4% 21,9% 14,7% 7,5% 8,8%

  • 1,2%
  • 1,0%
  • 1,0%
  • 1,0%

2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016

Public Finance

Public Debt/GDP [in Millions of €]

Annual Variation Total Public Debt

slide-10
SLIDE 10

Working for a Diversified Economy

2010 2012

  • Law 95/2010 approved

Corporate Tax

  • Law 94/2010 approved

Tax on the income of non-residents

  • Law 20/2012 approved

foreign investment

  • Law 11/2012 approved

General indirect tax (IGI)

  • Law 5/2014 approved

Personal Income Tax (IRPF)

  • Luxembourg and

Andorra sign a double taxation convention (DTC)

  • Four DTCs are signed with

Spain, United Arab Emirates, Portugal and Liechtenstein

  • The cluster for new

technologies is privatized and becomes ACTINN

  • Malta and

Andorra sign a double taxation convention (DTC)

2013

  • France and Andorra

sign a double taxation convention (DTC)

2014 2015 2016

slide-11
SLIDE 11

Direct foreign investment in Andorra

  • Formalized foreign investment by country of origin from 2012 to December 2016

represents 277 million €, 97 million of which were in 2016.

  • Initial formalized foreign investment in 2015 represented 3,8% of that year´s GDP.
  • Creation of 1.041 jobs (2012-2015).
  • 956 new businesses or acquisitions (2012-2015).

Top investors per country 2012-2016 (Value of formalized investments) Investment per sectors 2012-2016 (Value of formalized investments)

Spain France Andorra Others

51,3% 17,8% 25% 6%

Assets Providing of services Commercialization Hotels Projects, design, investigation Manufacturing, execution, realization Real estate promotion

34,9% 23,7% 22,5% 14,2% 1,8% 1,6% 1,4%

slide-12
SLIDE 12

Direct foreign investment in Andorra

Foreign Direct Investment in M€ [2012-2016]

Foreign Direct Investment Real Estate Promotion

6,9 26,7 49,5 96,9 97 0,073 2,2 0,579 28,3 8 2012 2013 2014 2015 2016

277 39

TOTAL

slide-13
SLIDE 13

Invest in Andorra (Actua)

Economic diversification

through the development of clusters oriented towards the fields of innovation, Health and wellness, education and sport

Attracting direct foreign investors and

supporting national companies throughout their internationalization process

Supporting entrepreneurs:

promoting collaboration between the public and private sectors and giving support to the development

  • f new business

initiatives

It is based on three key pillars:

slide-14
SLIDE 14

ACTUA Program

Health and Wellness Cluster

  • Enhance the attraction of new services

related to health and wellness

  • Position the country as a health tourism

destination

Education Cluster Sports Cluster

  • Enhance sports as an economic activity

sector

  • Develop entrepreneurial projects to

improve the sports offer.

Innovation Cluster

  • Create synergies between the public and

private sector

  • Promote educational projects
  • Facilitate the development of the new

technologies sector as Andorra wants to become a Living Lab country

140 companies 55 companies 166 companies 53 companies

slide-15
SLIDE 15

Health & Wellness tourism cluster Our strengths

million

visitors per year

8

1st

Ranked country in terms of healthcare access and quality index

Ideal environment

+

Consolidate wellness sector

35%

  • f visitors are

attracted by leisure health and wellness sector

slide-16
SLIDE 16

Health & Wellness tourism cluster

The ultimate finality of the project is to diversify touristic products through the availability of a variety of resources helping to attract tourists beyond the winter season. The aim is to attract federated sports professionals as well as intense sport lovers through the implication of the country´s existing health infrastructures and resources, and the creation of a center of reference in sports medicine.

Strategy for developing a Health tourism

  • ffer in Andorra

The main actors in the development of this strategy should be current private

  • perators and foreign private companies in Andorra.
slide-17
SLIDE 17

Education Cluster

Promote innovative projects developed by young entrepreneurs

Project

slide-18
SLIDE 18

Education Cluster

Three key actors

Companies

  • Access to innovative

talent

  • Identify innovation
  • pportunities
  • Visibility and

networking

  • Actions with a social

impact Students & Educational Centers

  • Direct contact with innovative

companies

  • Innovation and creativity training

for the educational centers

  • Creation of real innovative projects
  • Stimulate new skills
slide-19
SLIDE 19

Sports Cluster

Key Sector in Andorra

  • 166 Companies
  • 63% of Andorra’s Sports

Companies are members of the cluster

slide-20
SLIDE 20

Andorra Living Lab

slide-21
SLIDE 21

Andorra Living Lab

slide-22
SLIDE 22

www.actua.ad

Camí de la Grau, Edifici Prat del Rull S/N, AD500 Andorra la Vella. Telèfon : +376 81 20 20 / Correu electrònic : info@actua.ad