Gothenburg – A Strong Growing Region
The Gothenburg region is growing by 10,000 residents per year. The aim is to strengthen the region with an additional 180,000 residences and 110,000 workplaces by 2030. The labour market region will then encompass 1.75 million compared with the current 1.14 million.
In order to increase the population from 1,14 million today to 1,75 million in 2030 in the functional urban region, the region is investing SEK 34 billion in infrastructure and Gothenburg is putting five million sq. metres (BTA) on the market in central city.
Since 2004, businesses with one to four employees have been
the ones to hire the most in the Gothenburg region. In 2014,
these companies had 36% more employees (+3% compared
with 2013). The largest companies have experienced a growth of number of employees with 2% year-on-year.
Strong Node of Medical R&D
Sweden is the country in the world that invests the third most in R&D, as of percentage of GDP. 25% of these investments are made in the Gothenburg region where life science is considered a business area of strategic importance. It’s one of northern Europe’s strong life science clusters with approx. 180 innovative companies. If marketing, distribution and service providers are included the figure rises to 450, with about 8,000 people working in the cluster.
Medtech, drug-development, bio imaging, orthopaedics, dental implants, cell therapy, tissue technology and health related IT are among the region’s strong competencies. Gothenburg also constitutes a unique combination of world-class competence within the fields of regenerative medicine, transplantations, biomaterial and stem cells. It’s at the forefront of clinical and translational medicine and the new national centre of clinical research will be located in Gothenburg.
The knowledge, expertise and competence of the region’s universities and hospitals, is of top-notch international quality.
The Sahlgrenska University Hospital is northern Europe’s biggest healthcare unit and the biggest emergency hospital in Europe. It has become the nation’s centre for paediatric heart surgery and transplantations. By the end of 2015, it will also be home to a new Imaging and Intervention Centre (BOIC), offering advanced methods of diagnostic imaging and treatment.
Together, the University of Gothenburg, with its medical faculty Sahlgrenska Academy, Chalmers University of Technology and Sahlgrenska University Hospital, all in close proximity to each other, constitute one of the biggest competence centres in northern Europe for R&D of medical products and methods.
The AstraZeneca BioVentureHub and the Sahlgrenska Science Park, both of which you can read about in this issue of Forefront of Life Science, are examples of creative and innovative environments that increase the opportunities for life science SMEs to be successful.
To promote the development of the cluster, the region’s development agency, Business Region Göteberg (BRG), works at attracting companies, capital and competence to the region.
”We specifically aim at promoting growth and employment by attracting foreign direct investment (FDI), i.e. new establishments, joint-ventures, licence agreements, capital investments, strategic alliances, R&D collaborations, shared development projects and other forms of partnerships that may benefit the development of our life science industry and increase our global competitiveness,” says Didrik Rosén, Acting Investment Manager in Life Science at Business Region Göteborg (August 2014 to September 2015).
"By identifying strengths and bringing together people from companies, academia and the public sector in valuable networks we initiate industry partnerships that result in commercially-viable innovations. We're happy to help companies become part of something bigger," concludes Didrik Rosén, who invites people interested in investing in the Gothenburg region to visit www.businessregiongoteborg.com, send an e-mail to Lifescience@businessregion.se or call: +46-31-61 24 02.
Sources: Business Region Göteborg, Västra Götaland Region, Statistics Sweden