Press Releases

Castilla-La Mancha receives 89 million euros in foreign investment in the first half of the year, 53% more than in the same period of 2022

By 22 September, 2023 No Comments

The stock of tangible fixed assets associated with foreign-owned companies is at an all-time high in the region, at 6,698 million euros.

Inauguration of the new Linde Gas plant in Torija (Guadalajara)

Toledo, September 20, 2023.

According to the latest update published by the Investment Register, Castilla-La Mancha has received 88.88 million euros of foreign investment flows in the first half of 2023, 53% more than in the same period last year.

Moreover, no disinvestment has been recorded in our region so far this year, so that in net terms, the flows received are 69% higher than in the first half of 2022, placing it in ninth place in the national ranking, led by the Community of Madrid.

At the national level, investments between January and June amounted to 11,996 million euros, 26.64% less than last year, and lower than the half-yearly averages for the last five years (15,101 million).

By type of transaction, reinvestments accounted for 51 million euros, while acquisitions accounted for 36 million euros. The remaining investments are included in new greenfield and brownfield projects.

In the first six months of the year, investments in Castilla-La Mancha by Norway (34 million in wind energy production), Italy (31 million in electricity supply) and France (21 million, also in electricity supply) stand out.

On the other hand, the figures of the stock of tangible fixed assets associated with foreign capital companies in Castilla-La Mancha have also been updated, which have registered a strong increase in the last year for which data are available (2021), reaching 6,698 million (+24%) and marking a new historical maximum. With these figures, which more than double those recorded in 2019 (+151%), Castilla-La Mancha ranks sixth in Spain based on this variable in absolute terms, and third in relation to its regional GDP (15.8%).

Finally, the data provided by Moody’s for the first eight months of 2023 indicate that 24 new projects have been announced in Castilla-La Mancha, with an investment of 1,778 million and the generation of 1,811 jobs.