The economic landscape
The DG as business location
The DG’s economic trump cards are its fortunate geographical position, the linguistic flexibility of its workforce and its experience and willingness to engage in business across national borders. Close access to important road, water and air and rail connections is a further plus point, as is the cultural and leisure climate. All this makes the DG an interesting option for companies looking for an ideal place to relocate their business, set up or extend their activities.
Business sectors
The business structure of the DG is mainly one of small to medium-sized firms. All three sectors of the economy are represented.
Due to the high proportion of wooded land and the farming tradition of the region, there are many independent entrepreneurs and small businesses active in forestry, the lumber trade and agricultural production.
Most of the areas larger employers are to be found in the secondary sector. Skilled crafts and trades are highly valued here. Metal working and precision mechanical production are also important elements of the economy. Further processing of the region's timber via sawmills and other wood-based production lies alongside a healthy building segment, in which many small and medium-sized companies are active in construction andinterior finishing, as well as in the sinking of foundations.
The service sector is the most developed employment field in the DG. Of particular note here is the transport and logistics segment.
Economic advisory service
The Association for Economic Advancement in East Belgium (WFG) is the central coordinating partner for questions of economic encouragement and consultation. It initiates and supports numerous business projects, such as:
- Consultation and help for companies locating to the DG
- Advice for business start ups
- Rural development programme
The WFG is also the economic link to the Walloon Region. It works in partnership with the Wallonian Export Agency (AWEX), the SPI+ and the "Office for Foreign Investors" (OFI).
To help with the issues raised by regional citizens and incoming businesses, the WFG employs a staff of 20, with different competences, specialities and training.