The second ‘Galicia: A Territory for Investment’ forum gathered representatives of leading companies, entrepreneurs, and officials this year to discuss the region’s future. Organizers focused on how Galicia can become even more attractive to investors, highlighting strategies to help local businesses reach the international stage. Key topics included export opportunities, innovation adoption, and finding the right balance between traditional industries and modern technologies.
The forum opened with María Jesús Lorenzana, head of Galicia’s economic and industrial department, in attendance. She emphasized that the region must not only preserve its strengths but also actively adopt new approaches to compete globally. In her welcome address, Lorenzana noted that Galicia is already making strides in sectors such as biotechnology, agri-industry, and the timber industry.
Exports and Quality
One of the forum’s key discussions focused on exports. Experts and business representatives debated how Galician companies can expand without compromising product quality. During the debates, participants agreed that it is the combination of traditional methods and modern standards that allows the region to stand out from others.
Special attention was given to supporting small and medium-sized businesses, which often serve as drivers of exports. Representatives from the banking sector and major corporations discussed financing and support programs that help entrepreneurs enter foreign markets. Successful examples of integrating innovation into traditional industries included projects in the forestry and food sectors.
Innovation and Entrepreneurship
The second part of the forum focused on innovation and entrepreneurship. The discussion centered on how the region can become a magnet for talented professionals and startups. Participants noted that Galicia already offers favorable conditions for the development of new companies, and local universities and research centers are actively collaborating with businesses.
During the discussion, opinions were voiced about the need to further develop infrastructure and create special programs to support young entrepreneurs. Representatives of technology firms shared their experience implementing digital solutions that optimize production processes and increase global competitiveness.
Partnership and Dialogue
The forum provided a platform for open dialogue between government officials, business leaders, and experts. In an informal setting, participants exchanged views on what steps are needed for the region’s continued growth. Topics discussed included sustainable development, attracting investment, and shaping a positive international image for Galicia.
At the conclusion of the event, organizers noted that such meetings foster not only the exchange of experience but also the development of new business connections. Many participants expressed hope that the forum would become an annual tradition and continue to drive the region’s progress.
If you didn’t know, ABANCA—a major Galician bank—actively supports local businesses and social initiatives. Ence is Spain’s leading producer of pulp and bioenergy, while Telefónica is one of the country’s largest telecommunications companies. Xunta de Galicia is the government of the autonomous community that implements programs to develop the economy and support innovation. All these organizations regularly participate in regional forums and projects aimed at strengthening Galicia’s national and international standing.
