THE BUSINESS YEAR AND CERCLE D'ECONOMIA DE MALLORCA JOIN EFFORTS FOR THE PRODUCTION OF SPECIAL REPORT: MALLORCA


The Business Year and the Cercle d'Economia de Mallorca, a civil society organization based in Palma de Mallorca bringing together 275 members and 32 collaborating entities, met to finalize terms of collaboration for the production of Special Report: Mallorca.

This publication will serve to promote Mallorca as an investment destination and outline new sectors that will enable the island to make a transition to a more sustainable development model and diversify away from its tourism and real estate-dependent economy. Coverage of Mallorca is part of The Business Year's plans to expand its coverage of the Spanish economy and produce a higher volume of market intelligence on regions of Spain with a greater foreign component in their economies, such as the Balearic Islands.

The agreement was signed in the form of an MoU between the parties, and inked by Josep Maria Vicens, President of the Cercle d'Economia de Mallorca, and Ioana Popa, Regional Director of The Business Year.

During the meeting, an interview was conducted with representatives from Cercle d'Economia de Mallorca. “Over the last 50 years, Baleares has grown significantly due to construction and tourism. We need to maintain an excellent tourism experience to receive quality visitors who respect the environment. In addition, there is an opportunity to develop new projects that help to diversify the economy of the region," stated Josep Maria Vicens, President of the Cercle. Additionally, he pointed out sectors that offer strategic value, such as biomedicine, health, and social care. All of that is being complemented by digitalization projects such as the Nou Llevant innovation district.

The MoU was signed after taking into consideration TBY's experience as a global media group that has been providing investors, businesses, and governments with first-hand insights into the world's most dynamic markets and sectors for over a decade, and the Cercle d'Economia de Mallorca's position as a representative entity of civil society on the island. Special Report: Mallorca will profile the main sectors offering traditional opportunities for investments, such as the well-known combination of tourism and real estate and, most importantly, non-traditional opportunities in sectors such as health tourism, sports, local manufacturing, logistics, and audiovisual production, among others. The report will feature the direct words of a wide range of local business leaders through interviews, as well as additional statistical information and articles addressing the main projects and initiatives to bear in mind when considering investing in Mallorca.

Special Report: Mallorca will be distributed both domestically and globally, and will reach an even larger audience via TBY's powerful network of digital platforms. All interviews and content will be also available on key business information platforms, including Bloomberg Terminal, Thomson Reuters Eikon, Dow Jones Factiva, and FactSet, as well as the PressReader and Google Books platforms.