Business Strategy
The Galician Regional Government (Xunta de Galicia), through the Galician Institute for Economic Promotion (Igape), highlights the region's industrial strength and innovative ecosystem as key factors in attracting investment. At the 'A Toxa 2026 Meeting', opportunities in strategic sectors and support mechanisms for businesses were detailed.
Galicia presents itself to investors as a "strong" ecosystem for the new global economy
In the framework of the 'A Toxa Meeting 2026', the director of Igape, Covadonga Toca, has highlighted the "position of strength" of Galicia To meet the challenges of the new economy, the community's strategy is based on a solid industrial base, an increasingly innovative and internationalized business ecosystem, and an environment of institutional stability that is key to attracting strategic investments.
During his participation at the table Galicia in the new economy: industry, innovation and attracting investment, Toca Carús He explained that the current international context, marked by the reindustrialization of EuropaTechnological transformation and the energy transition represent a significant opportunity for the region. He highlighted the positive evolution of the Galician economy, with Exports at record highs and an increasingly competitive industry as factors that reinforce its attractiveness for attracting new business projects.
The director of Igape He also emphasized the role of the Administration as a facilitator, stating that "business confidence increasingly depends on institutional stability, legal certainty, and effective support." In this regard, he highlighted the function of the Economic Office of Galicia as a tool designed to streamline the implementation and development of strategic investments.
Looking to the future, Covadonga Toca He indicated that the Galician government is already working on the Business Innovation Strategy of Galicia 2026-2028The goal is to extend innovation to a greater number of companies, promote access to new markets, and offer a "close, agile, and coordinated" administration at all stages of projects. The areas with the greatest potential identified are: defense industry, decarbonization, advanced manufacturing, and artificial intelligence.
The defense industry, a growth driver with an investment of 40 million euros
In another of the meeting's round tables, focused on the Opportunities in the field of defense, the Director General of Industrial Strategy and Business Land, Margarita Ardao, detailed the plans of the Xunta for this sector. Ardao He recalled the recent presentation at the Consello da Xunta of the partnership agreements of the Strategic Initiative for Security, Defense and Aerospace (IESDA).
This initiative, which has a regional investment of 40 millones de eurosIt will use the Pre-Commercial Public Procurement mechanism to attract large industrial projects. The aim is to develop and manufacture in Galicia new technological solutions and incorporating a greater number of companies into the value chains of these demanding sectors.
The strategy, as he explained ArdaoThis is complemented by other support measures, such as aid for dual technologies (for civilian and military use) and for the company certification that wish to be accredited as suppliers for the defense sector. This latter line has already received more than fifty applications from companies in sectors as diverse as shipbuilding, metalworking, aerospace, ICT, automotive, and construction.
| Initiative / Measure | Budget / Key Data |
|---|---|
| Investment in Iesda (Pre-commercial Public Procurement) | 40 millones de euros |
| Aid for dual technologies (civilian and military) | 6 millones de euros |
| Aid for defense supplier certification | 1,5 millones de euros |
| Applications received for certification | More than |
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