Location promotion brings over 700 new jobs in the first year
Last year, the cantonal, regional and national location promoters supported 231 international companies in setting up in Switzerland. In the first year, 716 new jobs were created; in the next three years, this figure is expected to rise to 2135.
The establishment of a total of 231 international companies in 2024 supported by the location promoters strengthens Switzerland as a location for innovation, according to the Conference of Cantonal Economic Directorates and Switzerland Global Enterprise, the national Swiss export and location promotion organization, in their press release. The committee particularly emphasizes that around two thirds of these companies are active in the five key technologies of healthcare, digital, automation, food and finance. They were defined by the federal government, cantons and regions in their joint strategy for the years 2024 to 2027 as particularly worthy of support.
According to the press release, this strategy has brought the promotional activities of all stakeholders even closer together. Switzerland benefits from the fact that the various competencies of the promotion partners complement and reinforce each other.
In the first year of operation, these 231 newly established companies in Switzerland created 716 new jobs. According to the information provided, they plan to create a total of 2135 jobs over the next three years.
Around half of these companies come from the USA, Germany, France and the UK. As Cantonal Councillor Walter Schönholzer, Director of Economic Affairs of the Canton of Thurgau and Co-President of the steering body for national location promotion, emphasizes, the companies located here “also contribute to cross-cantonal value creation and to strengthening the local SME landscape with their innovative know-how and broad network”.