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Catalonia has established a reputation as a global centre of scientific excellence, pioneering research and innovative ideas. This corner of Europe, with just 0.1% of the world’s population, accounts for nearly 1% of global scientific production. The Catalan Research system, formed of 12 internationally esteemed universities, over 60 research centres, 15 world class hospitals, and almost 9,000 innovative companies, attests to the Catalonia's ambitions in science. This territory is also a magnet of international funding: with 1.5% of Europe’s population, it receives 2.2% of European competitive funds and 3.5% of European Research Council (ERC) grants. There can be no doubt that Catalonia is now a benchmark in Southern Europe, producing frontier research and punching considerably above its weight in terms of scientific contribution.  It is attracting worldwide talent and projects, and many consider it to be fast becoming the Palo Alto of biomedical research.

Barcelona Olympic Ring will become the home of the first theme park in the world entirely dedicated to sports, called Open Camp Sportainment. According to the company responsible for the project, the 66.000 m² theme park will offer a "unique" show involving technology, family and sports. The new attraction will occupy the current Olympic Stadium, the Palau Sant Jordi sports hall, the Olympic Museum, the Bernat Picornell swimming pool, the telecommunications tower designed by Santiago Calatrava and the INEFC sports faculty. All these facilities will combine their regular activities with those of the theme park, which will be open from April to October. The project expects 7,000 visitors per day and an annual economic impact for Barcelona of 53 million euros.  

The Agricultural Science and Technology Park of Lleida (PCiTAL) celebrated its 9th anniversary on Monday, and did so "reaffirming its commitment to the economic future of Lleida", according to the Mayor Àngel Ros. The park hosts some 111 organisations, comprising of 89 companies, 14 research and development centres and 8 research groups. This constitutes five times the number of businesses that were based in the park just five years ago, representing a 540% growth. Significantly, there are more than 1,400 people employed in the park´s facilities, many of them young people. The turnover of the Agricultural Science and Technology Park of Lleida has reached €102.5 million, with an annual growth of 30%.

The Catalan Government issued last Friday the public tender for granting licenses to build six mega-casino hotels in the Costa Daurada, next to PortAventura amusement park. These 6 Las Vegas-style recreational centres are the main part of BCN World, a $6 billion project that will create the largest holiday resort in Europe.  The main promoter of the project, Veremonte, announced on Friday they will be presenting an offer for each of the six hotel and casino licenses in partnership with international investors, such as Chinese casino giant Melco and US multinational Hard Rock. Veremonte also added they have “everything ready” to launch construction.  All candidates must submit a minimum initial investment of €300 million, as well as a business plan to prevent money laundering. The tender will have 2 eliminatory phases and bids have to be presented before 25July.

The Catalan Parliament has finally approved the legal framework allowing the construction and the activities of the BCN World mega-resort, to be located next to PortAventura amusement park in the Costa Daurada. Now, the company Veremonte has the final green light to start construction, after it already had announced the first investors some months ago. Casino giant Melco, hotel brand Melià, US Hard Rock, Value Retail shopping malls and Investindustrial, which owns PortAventura, will participate in the $6 billion project. Furthermore, Ferrari announced it will build its first theme park in Europe there. BCN World involves 6 mega-casinos, large-size hotels, shopping malls, convention centres, theatres, golf courses, parks, a beach club, technology institutes and smart city developments.

The Israeli airline Arkia will offer a total of 20 flights during the summer and 20 more during the winter between Tel Aviv and the Lleida-Alguaire Airport. The new connection will start on the 27^th of June and will have a capacity of 110 passengers per flight. Israeli tourists will be better connected to Western Catalonia and the Pyrenees, which host a large range of ski resorts, adventure sports opportunities, impressive mountain landscapes and unique Romanesque art. In addition, the Israeli Ambassador recently unveiled a route following the mountain paths used by thousands of Jews who crossed the Pyrenees to escape Nazi persecution. Lleida's Pyrenean landscape consists of high peaks, lakes and mountain forests, including the National Park of Aigüestortes.

The $6-billion BCN World has added another top international investor to those developing Europe's premier holiday resort, to be located next to the PortAventura theme park in Catalonia's Costa Daurada. Chinese casino company Melco, Spanish hotel network Melià and UK shopping centre developer Value Retail will build the first resort of the total 6. PortAventura, which will host Ferrari's theme park in Europe, will also build 3,000 additional hotel rooms. However, the company promoting BCN World, Veremonte, was waiting for the legal framework to be adapted in order to close deals with further investors. Last weekend, the Catalan Government and the Catalan Socialist Party (PSC) signed an agreement to adapt the rules and this Wednesday, Veremonte announced the Hard Rock deal.  

The Centre-Right Catalan Nationalist Coalition (CiU) – which runs the Catalan Government – and the opposition Catalan Socialist Party (PSC) - which does not support the self-determination vote – have reached an agreement on the new legal framework to develop the macro-resort BCN World. This project, promoted by Veremonte and located in Salou (Costa Daurada), has already announced some of its international partners, but in order to attract the rest of the investors needed and start construction, the legal framework on gambling and the area’s town planning had to be upgraded. After months of talks, the CiU has finally closed a deal with the PSC, instead of doing it with the Left Wing Catalan Independence Party (ERC), with whom it is promoting the self-determination agenda. The $6-billion BCN World will create some 17,000 jobs and will have mega-casinos, hotels, luxury shops, conference centres and beach clubs, among other things.

Catalonia’s PortAventura and Ferrari have reached an agreement to build a new area dedicated to the illustrious sports cars, expanding the current amusement park. Thanks to an over €100 million investment, ‘Ferrari Land’ will open in 2016 with 75,000 m² at its disposal. Visitors will discover several attractions designed for fans of the Italian brand, including a vertical accelerator announced as the highest and fastest in Europe. ‘Ferrari Land’ will also host the first Ferrari themed hotel, which will offer 5-star accommodation in 250 rooms. The Italian company had already opened a dedicated theme park in Abu Dhabi named ‘Ferrari World’, which was met with much success among fans of the prancing horse. The new amusement facilities will be built next to 'BCN World', a $6 billion resort that will open next to PortAventura, with hotels, conference centres, casinos, theatres and golf courses.

PortAventura will be launching new attraction ‘Angkor: Adventure in the Lost Kingdom’ this year to coincide with the start of the 2014 season in early April. The new attraction will allow visitors to embark on a 300 meter boat trip through the Asian jungle, designed to simulate the historic Cambodian temple: Angkor Wat. The attraction is located in the China area of the park, near Shambhala, Europe´s highest rollercoaster. The new attraction is a replicate of the temple, which is said to be the largest religious structure in the world. Meanwhile, the park will host Cirque du Soleil’s ‘Kooza’ show during the summer months.

Chinese Group Platinum Estates has purchased the former headquarters of Telefonica in Barcelona, located in the Eixample neighbourhood, for €56.4 million, according to a statement by Renta Corporación, which managed the transaction. Furthermore, investors will allocate €45 additional million to transform the building, once belonging to the first telecommunications company in Spain, into a block of flats. The building, located on the Roma Avenue, was the propriety of Cerep Investment, a company controlled by private equity Group Carlyle, until it went bankrupt in the spring of last year. The buyer is a family group based in Hong Kong, which is part of Platinum Estates and is led by textile tycoon Harry Mohinani, of Hindu origin.

Italian Investindustrial has sold 49.9 % of its stake in PortAventura amusement park to KKR, a US investment fund. With this operation Investindustrial has incorporated a long-term partner in the project, while making sure to be the majority shareholder with 50.1 %. The transaction will be effective in January 2014 and is only awaiting regulatory approvals. In the long-term strategy, PortAventura is looking for other agreements to broaden the range of leisure activities and develop further at international level. A few weeks ago it was made public that Investindustrial would join the BCN World project by building and managing 3,000 hotel rooms. Besides, it has been announced that the Cirque du Soleil would give daily shows in PortAventura from the summer of 2014.

Emin Capital will buy Barcelona’s Torre Agbar, designed by Jean Nouvel, for €150 million. North-American Hyatt will invest a further €35 million to transform the 145-metre-tall building into one of its grand luxe hotels. Grand Hyatt hotels – the US company’s luxury brand – tend to occupy iconic buildings in the world’s main business cities. The Agbar Tower has become one of the most emblematic buildings of the Catalan capital, with its blue and red lightening and bullet shape imitating a flame. Nouvel’s tower was unveiled in 2005 to host the main headquarters of the water distribution multinational Agbar. The Catalan multinational, which owns the 50,000-square-metre tower, will now look for another building in Barcelona to place the 700 people working in its central offices.

Aiming to control better the number of tourists visiting Antoni Gaudí’s famous Park Güell and to obtain revenue to pay for security and maintenance, a few months ago Barcelona City Council approved charging an entrance fee. Friday 25th will be the first day that visitors will have to pay for a ticket in order to access Gaudí’s monuments located in this park in the Catalan capital. The rest of the park will be open to the public as it used to be, without entrance fees. Up to Wednesday noon, 1,900 tickets had been sold for Friday, representing 23% of those available. In addition, the City Council delivered 25,000 cards for the park’s neighbours, in order to allow them access to the park’s entire area, including the zone where Gaudí’s monuments are located.

The Italian investment group has announced it will build and manage 3,000 of the 6,000 hotel rooms of the ‘BCN World’ mega resort, the competitor to Madrid’s Eurovegas that is being developed by Veremonte in Salou (Costa Daurada). The $6 billion entertainment resort will be located next to the beach and the PortAventura theme park, which is owned by Investindustrial. After a year of talks, the Italian company has finally decided to join the mega resort project, which will have casinos, hotels, convention centres, luxury shops, restaurants, golf courses and a beach club. The CEO of ‘BCN World’, Xavier Adserà, confirmed that the resort will begin building in the first half of 2014, employing 17,000 people. The hotel group Melià, shopping-mall company Value Retail and casino group Melco Crown Entertainment will build the first phase.