Castile and León is the largest region in Europe, covering 94.224 km², representing 4% of the European Union's territory. Located in a privileged position in the northern half of Spain, it effectively connects with the rest of the Iberian Peninsula, as well as with Europe, especially Portugal and France.
The turbulent economic landscape of recent years does not seem to have had much of an impact on a region rich in tourist attractions and with a prominent industrial sector, judging by the data: it grows half a point above the national average, is the third most dynamic Autonomous Community and maintains a zero deficit.
Currently, the infrastructure development plan is noteworthy, within which the project for the arrival of the AVE high-speed train to Valladolid (expected in 2007) is framed, whose cost will exceed 2.300 billion euros and around which other initiatives such as important logistics platforms, freight terminals and dry ports will be projected.
Furthermore, alongside its rich historical and cultural heritage, which makes the region one of Spain's main tourist attractions, industrial growth is proving fundamental to the Community's economic development. Diversifying its sectors is a priority at present, with the emergence of renewable energies, organic rock production, and the aeronautical sector. Major companies have already established themselves in this area, such as Gamesa in Ágreda, Neg Micom in Ólvega, LM in Ponferrada, and Mondragón in Zamora, particularly in the production of alternative energies, especially wind power.
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