INTERES Invest in Spain

• Stable and global economy
• Navarre has a high per capita GDP (€26,489 in 2005) with an accelerated growth rate in the last few years (3.2% in 2005). The GDP per capita is 123.1% of the average GDP in the EU-25. The region of Navarre is ranked 41^st for its level of development among the 254 European regions.
• The unemployment rate in Navarre is the lowest in Spain with a rate of 6.22% in the second quarter of 2006.
• Operating costs:Navarre offers very competitive wages, which are below the average of the EU-15 and EU-25 (Source: Eurostat 2004.
• Modern telecommunication systems: the latest technology and methods of communication are available throughout the entire territory of the Navarre Community, which boasts the highest number of businesses with Internet and extranet connections in all of Spain.
• Fiscal system: Navarre has a high level of autonomy that allows to maintain its own fiscal system, with a clear focus in providing incentives for profitable investments.

Navarre benefits from excellent educational resources: 3 universities, 33 centers for professional training, 57 high schools, and more than 250 elementary and middle schools.

Among the important specialized technical centers of the Community of Navarre are:

• National centers of investigation:
• CENER: National Center of Renewable Energies
• LEA: Laboratory for Wind Turbine Testing (2007)
• CNTA: National Center for Food Safety and Technology
• Other centers of excellence:
• CIMA: Center for Applied Medical Investigation
• CIFA: Center for Applied Pharmacological Investigation
• CITEAN: Navarre’s Automotive Center of Technological Innovation
• FUNDACION CETENASA
• EVENA: Center for Viniculture and Enology of Navarre
• IBA: Institute for Applied Biotechnology
• L’UREDERRA

Navarre has a high rate of education and elevated levels of training, with the highest graduation rates in Spain and above the European average