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Invest in Norway

Invest in Norway. Why investing in Norway and what Invest in Norway can do for you. About Norway. Official name Kingdom of Norway System of government Constitutional monarchy Parliamentary democracy Population

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Invest in Norway

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  1. Invest in Norway Why investing in Norway and what Invest in Norway can do for you.

  2. About Norway Official name Kingdom of Norway System of government Constitutional monarchy Parliamentary democracy Population 4 985 870 inhabitants as of 1 January 2012 Religion Protestant Christianity Currency Norwegian kroner, NOK 1 EUR = NOK 7.68 as of January 2012 1 USD = NOK 5.95 as of January 2012

  3. Why Norway? • Rich in resources • Wealthy • Great place to live • Easy to do business • Competitive • Some world-class industries

  4. Rich in resources • Oil and gas • Hydropower • Water • Forest • Fish • Human resources

  5. Norway is wealthy GDP pr. capita in PPS Eurostat

  6. The world’s biggest state owned investment fund The Government Pension Fund of NorwayValue in november 2012: • 3.723 bill. NOK • App. 510 bill. Euro/App. 653 bill. USD

  7. Still positive economic trends in Norway SSB

  8. Great place to live UNDP Human Development Index 2011 1 Norway 2 Australia 3 Netherlands 4 United States 5 New Zealand 6 Canada 7 Ireland 8 Liechtenstein 9 Germany 10 Sweden

  9. Easy to do business World Bank and IFC

  10. Competitive economy IMD Business School

  11. Competitive values and structures in work-life • Flat structures, little hierarchy • Quick and informal communication • Easy to cooperate • Trust among people • Empowered employees • Balance of work-and private life • Gender equality • Risk willingness • - means high productivity, team-spirit, a possibility to combine family and work and ultimately; good results

  12. Good reputation

  13. Industries • Global knowledge hubs in Norway: • Oil and gas (Offshore) • Maritime • Marin (seafood) • Other important or emerging industries: • Renewable Energy • Light-weight materials • Process industry • Medtech • Cleantech

  14. Norwegian Centers of Expertise NCE Aquaculture NCE Instrumentation NCE Maritime NCE Tourism Fjord Norway NCE Raufoss NCE Subsea NCE Oslo Cancer Cluster NCE Culinology NCE Systems Engineering Kongsberg NCE NODE NCE Micro- and Nanotechnology NCE Energy and Emissions Trading

  15. Other clusters financed by Innovation Norway; Arena clusters 2012 Arena BioTech North Nye Arena-prosjekter 2012 Lønnsomme vinteropplevelser Arena Beredskap Mineralklynge Nord Innovative Opplevelser Smart Water Communities Cluster Arena Smart Grid Services Arena Nxt Media Windcluster Mid-Norway iKuben akvARENA Arena Frukt og bær Arena Helse i Valdres Arena NOW Arena Heidner MediArena Oslo Medtech Maritime CleanTech West Arena Helseinnovasjon Arena Ocean of Opportunities Arena Magica Arena Eyde Electric Mobility Norway Arena Usus Vannklyngen Arena Digin Arena Fritidsbåt

  16. Some facts about FDI in Norway • Around 2000 foreign owned companies • Around 180 bill. USD in FDI-stock • App. 30% in the petroleum sector • App. 25% in the finance sector • App. 75% of FDI from EU and the US • Sweden biggest investor with 15%

  17. To summarize • Rich in natural resources • Strong economy • Productive • Competitive • High welfare • And a great place to live • Welcome

  18. Invest in Norway • Established as a pilot project january 1st. 2013 • Owned by Innovation Norway, The Research Council of Norway and SIVA. (The Industrial Development Corporation of Norway • Ambition is to attract and support foreign companies with a substantial potential for value creation. • Utilizes the vast network within the three organisations and the estblished regional network

  19. What we do • First point of contact • Provide information • Assessment of opportunities • Assessment of locations • Connects to the best networks • Contacts to authorities • Help to carry out study trips and/or meeting programs

  20. Contact information • www.invinor.no (ready app. april 1st 2013 • Contact person: • Per Stensland Project manager Invest in Norway • Innovation NorwayPhone: +4722002766Mobile: +4795147499E-mail: peste@innovasjonnorge.noAdr: Pb 448 Sentrum/Akersgata 130104 OsloNorway

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