Freiburg defies global uncertainties
Freiburg's economy is defying global uncertainties with stable development, growing innovative strength and a strategic focus on key sectors such as life sciences, the bioeconomy and digital transformation.
Despite global turbulence, increased protectionism and new tariffs imposed by the US government, Fribourg’s economy is holding its own with impressive stability. The Economic Development Agency of the Canton of Fribourg supported a total of 32 business projects in 2024, including 16 new relocations. These projects secure over 1,000 jobs and create 527 new jobs in the medium term, combined with investments of CHF 116 million.
Employment growth in the canton is now outstripping population growth. Fribourg’s gross domestic product rose by 27.5 % between 2011 and 2024. A clear sign of sustainable value creation despite global uncertainties.
Successful location development and investments
The new settlements are equally divided between Swiss and international companies, including those from Belgium, Brazil, Germany, France, Ireland, Italy and the USA. At the same time, the new cantonal implementation program 2024-2027 of the new regional policy was launched, which sets strategic priorities in the bioeconomy, digital transformation, Industry 4.0, tourism and entrepreneurship with 19 funded projects.
For Olivier Curty, State Councillor and Director of Economic Affairs, these results underline the relevance of a consistently pursued economic strategy that strengthens Fribourg as a business location even in challenging times.
bluefactory and EPFL as engines of growth
The bluefactory innovation quarter is developing rapidly. With the inauguration of Building B and its almost complete occupancy by 17 companies and 340 workplaces, Fribourg is being further strengthened as a technology hub. At the same time, EPFL is expanding its commitment – six new chairs in the field of sustainable construction are to be created by 2030. Construction of the new Smart Living Lab experimental building is scheduled to begin in 2025.
This dynamic consolidates Fribourg’s position in the field of the built environment and underlines the canton’s commitment to sustainability and innovation.
Strategic successes in the life sciences sector
A milestone in 2024 was the establishment of Cellap Laboratoire AG in Châtel-Saint-Denis. With more than 4000 m² of production space and ambitious growth targets in international markets, the company is providing new impetus in the cell cosmetics sector. The life sciences are becoming the mainstay of Fribourg’s economy and already account for 10% of the canton’s GDP – a result confirmed by a study by BAK Economics.
Jerry Krattiger, Director of the WIF, emphasizes that the bioeconomy and life sciences remain strategic priorities. At the same time, other key areas such as Industry 4.0 are being actively promoted in order to further expand the canton’s economic diversity and resilience.
Vigilance and adaptability as success factors
The Department of Economic Affairs and Vocational Education and Training remains vigilant in the face of global uncertainties. With proven instruments such as short-time work compensation, Fribourg is able to react quickly to economic fluctuations and ensure the stability of the economic structure.