This strategy, under Deputy Prime Minister and Minister of the Economy Étienne Schneider, is based on a strong vision – one that best showcases Luxembourg’s innovative and diversified economy and is grounded in Luxembourg’s longstanding specific attitude that gives the country its dynamic character. The “Luxembourg way of doing things” is characterised by pragmatism, an ability to adapt, the commitment to constant improvement as well as a tremendous talent to build partnerships in mutual respect.
The promotion of the Luxembourg economy and international prospection is led by Luxembourg’s Trade and Investment Board which falls under the Honorary Chairmanship of HRH the Hereditary Grand Duke and is chaired by the Minister of the Economy. The recent economic reform strategy was a unified and cooperative effort with input from many players, including Luxinnovation and the Chamber of Commerce. In the end we are all working to promote Luxembourg.
All the players together will sharpen Luxembourg’s efforts to promote the country abroad under the new signature “Luxembourg. Let’s make it happen.” This reflects a strong brand image via a unified effort of Luxembourg as a « smart location » for high-performance companies and industries.
Gateway to Europe and beyond
Luxembourg is a gateway to Europe, business friendly, stable and reliable. It has a very attractive work environment with a skilled and talented multilingual workforce. The country’s excellent infrastructure and connectivity provide a world class foundation for modern business.
By identifying relevant foreign investors on the basis of focused and sector-specific market intelligence, Luxembourg attracts businesses that bring real benefits to the national economy while focusing on key sectors like ICT, logistics, life sciences, space, automotive as well as materials and production technologies.
While strengthening investor care, our refined economic strategy furthermore emphasizes investors’ easy access to decision makers that has always been a major asset for the Grand Duchy to attract business to Luxembourg and allow it to grow successfully in a sustainable manner. A wide range of tools is available to encourage and support Luxembourg-based companies of all sizes and sectors when engaging in international business or expanding into more « traditional » markets in neighbouring regions.