Rabat - A new study published recently in the Netherlands shows that Moroccans top the list of new foreign investors in the Netherlands.
Rabat – A new study published recently in the Netherlands shows that Moroccans top the list of new foreign investors in the Netherlands.
Nearly 23,000 new companies were created in the Netherlands in 2014 by foreign entrepreneurs, mostly Moroccan-Dutch and Turkish-Dutch binationals.
This study was released by the Netherlands’s Office of Statistics (CBS) on Friday, according to Maghreb Arab Press (MAP). The study noted that entrepreneurs who are foreign nationals or carry dual citizenship are on average younger than their counterparts of Dutch origin.
Nearly 70 percent of them are under 40, compared to only 50 percent of those of Dutch descent. Figures from the CBS also indicate that 5 percent of Bulgarians and 4.2 percent of Romanians settled in the Netherlands started their own businesses.
Furthermore, investments of foreign companies operating in the Netherlands showed a substantial decrease in 2015 compared to the previous year, to 1.9 billion euros, according to the Netherlands Foreign Investment Agency (NFIA).
In 2014, the volume of investments of the 300 foreign companies operating in the Kingdom exceeded 3 billion, generating some 6,300 jobs, according to the same source.
No less than 140 new foreign companies have chosen to settle in the Amsterdam area in 2015. These companies will create nearly 3,000 jobs over the next three years, according to the local city council.
The Netherlands’ developed infrastructure and simplified tax environment are key factors in its attractiveness for foreign investments.
US companies lead investors in the Netherlands; they are responsible for a third of new companies created.
Edited by Kelsey Fish