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1 minute read
Foreign investment soars
vious fiveyear average.
Héctor Gómez, the Minister for Industry, Trade, and Tourism, credited the government’s economic policies for fostering international confidence in Spain. “Today’s figures reflect the positive economic climate and the world’s eagerness to invest in our country, with the industrial sector emerging as the key recipient of these investments,” he explained.
The industrial sector, closely trailed by services, claimed the largest shares of the foreign investments, with 48.8 per cent and 48.5 per cent respectively. The remaining 2.6 per cent flowed into the construction sector.
Leading the charge among investor nations was the United States, accounting for a whopping 58.1 per cent of the investment.
Betty Henderson
A RECENT study conducted for airlines Iberia and Vueling reveals that Spain has the potential to emerge as a leading producer of Sustainable Aviation Fuel (SAF). The study, released on Friday, June 23 also spells good news for the Spanish economy.
The move would boost Spain’s success in the renewable energy sector as SAF is considered a vital tool in reducing the carbon dioxide emissions within the aviation industry.
SAF offers an immediate solution to reducing green
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