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2013 Invest in Finland focus areas 2013 Datacentres Green Building Hi-Tech Software Mining Research, Development and Innovation Travel Wind Energy Ideal for datacentres Why Finland 1 Finland’s power grid is the most reliable in Europe, and energy prices and taxes are some of the lowest in Europe Why Finland 2 Fast data links to Central Europe, Eastern Europe and Russia Why Finland 3 Highly skilled, English-speaking IT personnel Opportunities for Large manufacturers, banks, IT companies, cloud service providers, and government operators and contractors Green Building – Demand for energy efficient solutions Why 1 New, tighter construction standards will require much greater energy efficiency both in new buildings and renovation Why 2 Construction market that is still growing with the prospect of 500,000 new apartments to be built in the next 20 years Why 3 Strong demand for renovation, infill development and energy efficiency upgrades for concrete apartment buildings Opportunities for Turnkey suppliers (integrators), companies that construct and/or renovate, including wood as a material, companies that produce and provide new energy efficient building materials as well as solutions Hot High-Tech Platform Why 1 Nokia’s strategy change creates opportunities for other companies to attract top talent Why 2 A competitive talent/cost ratio – according to Gartner’s relative wages index, Finland (100) is far ahead of the USA (170) Why 3 Finns create and do not copy. Innovations and intellectual property rights are well protected Opportunities for High-tech companies and all organisations that use technology to their advantage Strong prospects in mining and minerals Why 1 Why 2 Why 3 Opportunities for World-class geological survey databases and exploration services by The Geological Survey of Finland (GTK) The Green Mining Program makes Finland a global leader in the sustainable mineral industry The Finnish government prioritises mining as a key source of economic growth and foreign operators are welcome in Finland Companies that can benefit from and appreciate Finland’s first-rate infrastructure and great potential for new discoveries Active Mines and Current Projects Base metals Precious metals Diamond Other Commodities Mine Prospect Right for R&D Why 1 ICT/mobile Finland is Europe’s top cluster for mobile professionals Finland’s world ranking: 2nd best for innovation competitiveness (ITIF study, 2011) Why 2 Health-bio A base for global players for R&D in healthcare and life sciences, and the home of several major healthcare ICT companies Best for the availability of science and technology researchers (per 1,000 employed) 2nd best for government investment in R&D (as a share of GDP) 6th best for infrastructure (IMD world competitiveness, 2011) Why 3 Cleantech 2nd best education system, Strong expertise in environmental and energy technologies (OECD, PISA comparison, 2009) 4th least corrupt country (Transparency International, 2010) Opportunities for Large companies with, or planning, R&D operations Best country in the world, based on consistently high scores in education, health, quality of life, economic dynamism and political environment (Newsweek, 2010) Expanding eHealth supports home living Why 1 In Finland’s growing eHealth sector, resources and financing are available for developing integrated solutions Why 2 Innovative companies are ready to implement new technological solutions and develop them as public-private partnerships Why 3 Opportunities for Finland offers excellent and costeffective eHealth infrastructure and talent eHealth operators, manufacturers and software developers Burgeoning travel and tourism Why 1 Why 2 Why 3 Opportunities for Finland has the fastest tourism growth in the Nordic countries, due in particular to Russians who visit Finland to shop Gaps in the market for new operators, especially in the luxury and budget segments Fast transport links to and from the east, west and south. Helsinki Airport is on the most direct, quickest route between Europe and Asia. Travel sector investors, international hotel operators and restaurant chains 1000 new wind turbines by 2020 Why 1 Finland is untapped, but fast-growing new market for wind power Why 2 Attractive feed-in tariff of 83.5 €/MWh Why 3 Project portfolio of 7800 MW Opportunities for Larger international renewable energy producers. Construction, operation and maintenance and other service companies from Germany, Denmark and Sweden.