Et samarbeidsprosjekt mellom: Invest in Invest in Norway Why investing in Norway and what Invest in Norway can do for you

Et samarbeidsprosjekt mellom:Invest in

Invest in Norway

Why investing in Norway and what Invest in Norway can do for you.


About NorwayOfficial name Kingdom of Norway

System of government Constitutional monarchy Parliamentary democracy

Population 4 985 870 inhabitants as of 1 January 2012 Religion Protestant Christianity

Currency Norwegian kroner, NOK 1 EUR = NOK 7.68 as of January 2012 1 USD = NOK 5.95 as of January 2012


Why Norway?

• Rich in resources• Wealthy• Great place to live• Easy to do business• Competitive• Some world-class

industries


Rich in resources

• Oil and gas

• Hydropower

• Water

• Forest

• Fish

• Human resources


Norway is wealthyLuxembourg 274

Norway 189

Switzerland 151

United States 148

Netherlands 131

Austria 129

Ireland 127

Sweden 126

Denmark 125

Germany 120

Belgium 118

Finland 116

EU (15 countries) 110

Iceland 110

Euro area (17 countries) 108

United Kingdom 108

France 107

Japan 105

Italy 101

EU (27 countries) 100Eurostat

GDP pr. capita in PPS


The world’s biggest state owned investment fundThe Government Pension Fund of Norway

Value in november 2012:

•3.723 bill. NOK

•App. 510 bill. Euro/App. 653 bill. USD


Still positive economic trends in Norway Forecasts

2012 2013 2014 2015Consumption in households etc.

3,6 4,7 4,6 4,5

General government consumption

1,9 2 2,6 2,7

Gross fixed investment 8 5,8 3,1 2,9

Gross domestic product

3,5 2,2 2,4 2,8

Unemployment rate (level)3 3,1 3,3 3,2 3,1

Wages per standard man-year

4,2 3,7 4,1 4,5

Consumer price index (CPI)

0,9 1,6 2,1 2,5

Housing prices5 7 7,2 7,7 8

Household real income 5 4,5 4 2,8

Household saving ratio (level)

9,3 9,4 8,7 7,2

Money market rate (level)

2,3 2,3 3,1 4

Lending rate, credit loans(level)6 3,8 3,5 3,9 4,7

NOK per euro (level) 7,5 7,3 7,3 7,4

Crude oil price NOK (level)8 651 563 557 574

SSB


Great place to liveUNDP Human Development Index 2011

1 Norway2 Australia3 Netherlands4 United States5 New Zealand6 Canada7 Ireland8 Liechtenstein 9 Germany10 Sweden


Easy to do business TABLE 1.1 Rankings on the ease of doing business1 Singapore 2 Hong Kong SAR,3 New Zealand4 United States5 Denmark6 Norway 7 United Kingdom8 Korea, Rep. 9 Georgia10 Australia11 Finland 12 Malaysia13 Sweden14 Iceland

World Bank and IFC


Competitive economy

IMD Business School


Competitive values and structures in work-life• Flat structures, little

hierarchy

• Quick and informal communication

• Easy to cooperate

• Trust among people

• Empowered employees

• Balance of work-and private life

• Gender equality

• Risk willingness• - means high productivity, team-

spirit, a possibility to combine family and work and ultimately; good results


Good reputation


Industries• Global knowledge hubs in Norway:

• Oil and gas (Offshore)

• Maritime

• Marin (seafood)

• Other important or emerging industries:

• Renewable Energy

• Light-weight materials

• Process industry

• Medtech

• Cleantech


NCE Subsea

NCE Maritime

NCE Instrumentation

NCE Micro- and Nanotechnology

NCE Raufoss

NCE Oslo Cancer Cluster

NCE Systems Engineering Kongsberg

NCE Aquaculture

NCE Culinology

NCE NODE

NCE Energy and Emissions Trading

NCE Tourism Fjord Norway

Norwegian Centers of Expertise


Arena BeredskapArena Beredskap

Innovative OpplevelserInnovative Opplevelser

Arena FritidsbåtArena Fritidsbåt

akvARENAakvARENA

Arena MagicaArena Magica

MediArenaMediArena

Windcluster Mid-NorwayWindcluster Mid-Norway

Arena NOWArena NOW

Arena EydeArena Eyde

Oslo MedtechOslo Medtech

Other clusters financed by Innovation Norway; Arena clusters 2012

Arena Helse i Valdres Arena Helse i Valdres Arena Frukt og bærArena Frukt og bær

Arena UsusArena Usus

Arena HelseinnovasjonArena Helseinnovasjon

Lønnsomme vinteropplevelserLønnsomme vinteropplevelser

Arena Ocean of OpportunitiesArena Ocean of Opportunities

Maritime CleanTech WestMaritime CleanTech West

VannklyngenVannklyngen

Nye Arena-prosjekter 2012Nye Arena-prosjekter 2012 Arena BioTech NorthArena BioTech North

Mineralklynge NordMineralklynge Nord

Arena Smart Grid ServicesArena Smart Grid Services

Arena Nxt MediaArena Nxt Media

Smart Water Communities ClusterSmart Water Communities Cluster

Arena DiginArena Digin

iKubeniKuben

Arena HeidnerArena Heidner

Electric Mobility NorwayElectric Mobility Norway


Some facts about FDI in Norway• Around 2000 foreign owned

companies

• Around 180 bill. USD in FDI-stock

• App. 30% in the petroleum sector

• App. 25% in the finance sector

• App. 75% of FDI from EU and the US

• Sweden biggest investor with 15%


To summarize• Rich in natural resources

• Strong economy

• Productive

• Competitive

• High welfare

• And a great place to live

• Welcome


Invest in Norway

• Established as a pilot project january 1st. 2013

• Owned by Innovation Norway, The Research Council of Norway and SIVA. (The Industrial Development Corporation of Norway

• Ambition is to attract and support foreign companies with a substantial potential for value creation.

• Utilizes the vast network within the three organisations and the estblished regional network


What we do

• First point of contact

• Provide information

• Assessment of opportunities

• Assessment of locations

• Connects to the best networks

• Contacts to authorities

• Help to carry out study trips and/or meeting programs


Contact information

• www.invinor.no (ready app. april 1st 2013• Contact person:• Per Stensland

Project manager Invest in Norway• Innovation Norway

Phone: +4722002766Mobile: +4795147499E-mail: [email protected]: Pb 448 Sentrum/Akersgata 130104 OsloNorway

Documents

Et samarbeidsprosjekt mellom: Invest in Invest in Norway Why investing in Norway and what Invest in Norway can do for you