foreign

International tourists spent €5.986 billion in Catalonia during the first six months of the year. This represents a 3.9% increase on the same period of 2013. Furthermore, it is also 22.7% of the total foreign tourist expenditure in Spain for this period. Catalonia is the second Autonomous Community where foreign visitors spent more money during the first half of 2014. The Canaries came first with an expenditure of €6.069 billion.  However, both the tourist expenditure in Catalonia per stay and per day in the first half of 2014 fell in comparison with the same period in 2013. Foreign tourists spent €840 per stay (2.6% less than in 2013) and €129 per day (-1.4%). Catalonia is also the area where international tourists spent more money during June, reaching €1.551 billion. This represents 0.2% less than in June 2013, but 24.9% of the total foreign tourist expenditure in Spain that month.

An old factory in the 22@ technological and business district of Barcelona, named Ca l'Alier, will be transformed into an innovation centre focused on Smart Cities. The French multinational Schneider Electric and the American networking giant Cisco Systems will invest €6 million in the building's renovation in order to set up their new research centres. The two companies then plan to invest a total of €37 million in the centres over the next 5 years. Barcelona´s City Council will also occupy a part of the renovated building for offices for its new Institute of Technology for the Habitat (BIT Habitat). The renovation of the Ca l'Alier factory will be the first step towards the creation of the Smart City Campus, which will be located throughout the 22@ technological district, a developing business area in Barcelona located around the old Poblenou industrial neighbourhood. The new Ca l'Alier research centres are expected to open in the summer of 2016 and to create 160 jobs.

Catalonia received 1,677,679 foreign tourists in June, an increase of 2.4% compared with the same month in 2013. The combined number of foreigners who visited the Autonomous Community in the first half of this year reached 7.129 million, which is an increase of 6.7% and sets a historic new record for the number of foreign visitors passing through Catalonia. This good performance has been shared throughout Spain, as it hosted 28 million foreign tourists in the first half of 2014, marking a new record.

Josep Antoni Duran i Lleida, who was the Secretary General of the centre-right pro-Catalan State two-party coalition CiU, quit his post on Monday in the middle of the tensions for the self-determination vote and Catalonia's potential independence from Spain. However, Duran will continue to lead the Christian-Democrat party within the CiU (UDC) and to be the CiU's strong man in Madrid. In addition, one of his closest allies within UDC, Ramon Espadaler, will take his place as Secretary General. Duran is against independence, although he supports building a Catalan State within a Confederated Spain as well as the self-determination vote scheduled on the 9^th of November. However, since a wide majority of people within the CiU would vote for independence (including the Catalan President, Artur Mas), internal tensions for Duran's personal stance have increased. Furthermore, there are increasing rumours that the CiU could break up for the first time in more than three decades.

German chemical multinational BASF does not expect to launch its intermodal merchant station in Tarragona's petro-chemical compound until early 2017, two years after it initially forecast. The date of commissioning, as recognised by the company, is conditioned by the start of construction of the third rail connecting the railway line in Tarragona to the Mediterranean Railway Corridor (a strategic transport priority for the European Union), an infrastructure the Spanish Government keeps delaying. Although there is currently no start date for construction, BASF has set up the company ‘Combiterminal Catalonia SL’: a 'joint venture' with Contank SA, Hoyer España SA, and Schmidt Holding GmbH and Tradillo Inversiones SL (Pañalón Group) collaborating to build and operate the station.

Barcelona has gone from 22^nd to 7^th place in the list of 468 European cities with the best economic prospects; it is ranked the 19^th most competitive city in the world and the 10^th in Europe; it stands at 10^th in the world in terms of receiving new business investments; and it became the 4^th city hosting the largest amount of congresses at world level. The report was produced by the Chamber of Commerce of Barcelona in collaboration with the City Council. Furthermore, another study compiled by ESADE business school stressed that Barcelona is the 1^st European city in money spent per tourist in shopping, ahead of London and Paris. The Mayor of Barcelona, ??Xavier Trias, welcomed the news but also emphasised the ''shadow'' of having more than 100,000 unemployed in Barcelona, a number he finds “unbearable.”

In the first five months of 2014, the number of foreign visitors increased by 8% to almost 5.5 million people. Catalonia is the autonomous community in Spain that attracts the most tourists, one in four of all foreign visitors to Spain. This is according to the latest figures from the Spanish Ministry of Industry, Energy and Tourism. The strongest increases in visitors came from the Netherlands, Germany, Italy and Asia, although the UK, Germany and France are still the three countries that sent more tourists to Catalonia.

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.

In May 2014 the Catalan airfield recorded 3,397,097 passengers, a 5.5% increase on May last year. Madrid's international airport exceeded this number with a total 3,544,649 passengers, 147,562 more than its Catalan rival, with a 4.1% growth. Madrid's airport has recovered from the 10% losses registered over the last 2 years, but it grows much slower than its Catalan competitor. One of the reasons for Barcelona's growth is the notable increase of intercontinental flyers. In the first 5 months of 2014, 13,517,143 people flew from Barcelona, a 7% increase from the same period in 2013. The equivalent figure from Madrid is 15,808,392, representing a 2.8% increase. Meanwhile, the number of passengers arriving at Girona- Costa Brava Airport, continues to decline, with a fall of 20% since 2013.

Hutchison Port Holdings (HPH) intends to make the terminal it runs in Barcelona's Port the most productive in the world, according to Clemence Cheng, Managing Director of HPH Europe. Cheng said that in its first two years the terminal has exceeded all expectations.  The Chinese company will therefore increase its ''commitment'' to Barcelona and will effect the second phase of investment at a cost of €150 million, in addition to the €315 million already invested two years ago. The President of the Catalan Government, Artur Mas, participated on Friday in a ceremony to mark the kick-off of the new phase of construction and took the opportunity to claim the right of self-determination is also in order for Barcelona's Port to have maximum autonomy and not depend on decisions taken far away in Madrid.

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 Catalan industrial sector received €1.365 billion of direct foreign investment in 2013, the highest amount since 2005, according to Barcelona’s Chamber of Commerce. This represents 52% of the total foreign investment in Spain’s industrial sector in 2013, while Catalonia represents around 19% of Spanish GDP. Across all sectors Catalonia received a total of €3.51 billion of foreign investment last year, 31% more than in 2012. In addition, the President of the Chamber, Miquel Valls, emphasized that foreign investment in Catalonia went mostly to the industrial sector and advanced services, while in the rest of Spain it mostly went to the recreational and real estate sectors. According to Valls, this indicates that international investors have identified Catalonia with “a new production model”, while this has not happened in the rest of Spain.

3.93 million international tourists visited Catalonia in the first quarter of 2014, which represents a 10.4% increase compared to the same period of 2013. On top of this, 2012 and 2013 were already excellent years for international tourism in Catalonia, posting significant annual increases. In the first quarter of 2014, the growing trend seems to be continuing and 10% more foreigners visiting Spain traveled to the land that has Barcelona as its capital. With 3,929,163 foreigners, Catalonia is the Autonomous Community in Spain receiving the second highest number of tourists during these three winter months, only surpassed by the Canaries, which welcomed 4,077,759 international visitors.

The Spanish Foreign Affairs Minister, José Manuel García-Margallo, compared the independence referendums in Donetsk and Lugansk with Catalonia’s self-determination process. The Spokesperson of the Catalan Government, Francesc Homs, rejected the comparison and stated that García-Margallo “is making a mistake” since “he is putting Spain’s image in a place that should not interest him”. “In any case, Catalonia does not compare itself” with Eastern Ukraine, Homs added. On previous occasions he has drawn attention to the peaceful demands from Catalonia, which could fit into Spain’s constitutional framework if there was the political will. Besides, the Catalan Government issued a statement in which it did not recognize the legitimacy of Donetsk’s and Lugansk’s referendums but expressed its full support for the EU decisions.

The Catalan economy grew by 0.4% in the first quarter of 2014, which means that GDP has been increasing for the last 4 consecutive quarters, leaving recession far behind, according to an early estimate published on Monday by Catalonia’s Statistics Institute (Idescat) and the Catalan Ministry of the Economy and Knowledge. Furthermore, between March 2013 and March 2014, Catalonia’s economy grew by 0.8%. In the second quarter of 2013 it registered a quarterly growth of 0.1%; in the third it also posted a 0.1% quarterly growth; between October and December, it increased by 0,2%; and now, between January and March, it grew by 0.4%. The services sector has been the main engine behind this positive trend; in the last 12 months it grew by 1.4%.