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Business in Rotterdam





Business in Rotterdam includes investments in Congresses, tourism and banking. Rotterdam is considered to be the 16th largest economy in the world. It ranks 10th in the world in terms of GDP per capita. According to a 1998-2000 census, Rotterdam has an annual average economic growth rate of 4% approximately. And Business in Rotterdam is said to have played an important role in this growth.

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The government of Rotterdam has formulated plans to promote tourism in Rotterdam. It has invested US$10 billion for the sector, which is now an important revenue generating field. The visitors' profile in Netherlands constitute 52% Dutch nationals and the rest 48% comprise of Germans and British.

Business in Rotterdam sector has further got a boost with the city emerging as one of the most selected places for congress meetings and official ceremonies. Numerous business centers have popped up throughout the city that provides facilities and services for a successful business or corporate event.

It is estimated that 7.2% of the total GDP earnings of Netherlands is generated by banking services and other financial services of Rotterdam. Banking in Rotterdam includes loans, insurance and financial consultations. Some of the important banks in Rotterdam include ABN Amro, Fortis Bank NV, KBC Bank Nederland NV and many more.

Real estate also forms an important business in Rotterdam. With numerous urban development projects being planned in Rotterdam, especially in the waterfront area, the real estate prices are sky high. Real estate in Rotterdam includes investments in apartments, villas, individual houses and the like. With high resale values, the real estate business forms an integral part of Rotterdam economy.