About Wallonia

Wallonia is the predominantly French-speaking southern region of Belgium. It is governed as the Walloon Region, which makes up 55% of the territory of Belgium but with only a third of its population. Contrary to the situation in Flanders, the Walloon Region was not merged with the French Community of Belgium, a political level responsible for matters related mainly to culture and education. The small German-speaking minority in the east forms the German-speaking Community of Belgium, which has its own government and parliament for culture-related issues. The demonym for Wallonia is Walloon. (From Wikipedia)

The Economy and the Marshall Plan

An ambitious action plan to take up the economic, social and environmental challenges facing Wallonia – The Marshall Plan 2.Green – 2.75 billion over the period 2009-2014!

Setting out from the Priority Action Plan evaluated in 2009 (also known as the ”Marshall Plan”) and the challenges facing the Region (economic, social and environmental), the Walloon Government – in coordination with the Government of the Wallonia-Brussels Federation – has updated and optimised its priorities via a “Marshall Plan 2.Green”.

This has been endowed with a budget of € 2.75 billion (€ 1.15 billion of which is alternative funding) for the period 2009-2014 and is hinged around the following 6 priority areas:

  • The human capital, an asset to be developed: ongoing reforms (in particular for the development of life-long learning) and greater coordination between education, training, employment and economic policies.
  • The competitiveness clusters and the company networks, a success that needs to be built on: ongoing redeployment of the industrial policy, based on the networking of players, through the competitiveness clusters and clustering policies.
  • Use scientific research to pave the way for the future: shoring up of investments in R&D, backing for the excellence of scientific research, reinforced role of research and innovation within the economic fabric, etc.
  • Set up a framework conducive to the creation of activities and quality jobs: continuation and consolidation of the policies to support entrepreneurial spirit, the creation and development of companies with particular attention to SME, policies that favour the internationalisation of companies and othe development of the territory for investors.
  • The Employment-Environment Alliance, a future-looking strategy: The aim is to develop a series of actions designed to grab the new opportunities triggered by the development of the “green” sector: innovation, training, employment, etc.
  • Combining employment and social well-being: policies that promote employment in the care industry.

(from Invest in Walonia)