Belgium Plant Location Factor
Get Belgium Plant Capital Cost Based on the Cost in other Country
Intratec Plant Location Factors (IL Factors) are multipliers that convert industrial plant construction costs from one country to another. The application of IL Factors is simple: to estimate the investment required for constructing a plant in a specific country, simply multiply the known plant investment from a reference country by the appropriate location factor.
IL Factors and key manufacturing costs in Belgium and up to 32 other countries are provided with the annual subscription to Intratec Industry Economics Worldwide.
Data Use. Calculated monthly, Plant Location Factors provide a straightforward way to estimate what it would cost to build a manufacturing plant in a country of interest, based on construction cost data from other countries. The usage of Intratec Plant Location Factors is simple: to determine the plant cost in a country of interest, one simply multiplies the known plant cost in the reference country by the respective location factor for the specific period. IL factors and key manufacturing costs in Belgium and up to 32 other countries are provided with the annual subscription to "Intratec Industry Economics Worldwide". To better understand data provided check Intratec Industry Economics Worldwide Methodology .
Data Delivery Methods. Plant Location Factors are available via different delivery methods: (i) online charts; (ii) directly into Excel (using Intratec Add-in); or (iii) a web API (to facilitate integration with existing workflows).
Intratec Industry Economics Worldwide
Assess Manufacturing Competitiveness of Belgium & 32 other Countries
Plans Starting at $149 USD /year
About IL Factors. Plant Location Factors are based on a robust methodology, which involves gathering and processing a huge amount of data from several countries. IL Factors are straightforward, handy tools for a series of purposes, like capex estimation, feasibility studies and investment analysis. Covering as many as 33 countries, Plant Location Factors are suitable for industrial plants from several sectors, spanning the fields of Oil & Energy, Fertilizers & Gases, Olefins & Derivatives, Aromatics & Derivatives, Alcohols & Organic Acids, Inorganic Chemicals, Polymers, Food & Nutrition, Metals & Mining, Pharmaceuticals and Water & Utilities
About Belgium Manufacturing Industry. Belgium's economy is highly developed and known for its strong industrial base, strategic location, and advanced infrastructure. As a small but densely populated country at the heart of Europe, Belgium has established itself as a key hub for trade and industry, benefiting from its central position within the European Union. The Belgian economy is characterized by a diverse range of sectors, with significant contributions from chemicals, pharmaceuticals, machinery, and food processing.
Belgium's manufacturing sector is renowned for its high-quality production and technological innovation. The country excels in industries such as chemicals and pharmaceuticals, where it is a global leader in the production of chemicals, medicines, and biotechnological products. Additionally, Belgium's machinery and equipment manufacturing industry plays a crucial role in supporting other sectors, both domestically and internationally. The country’s infrastructure, including its ports, railways, and road networks, further enhances its competitiveness by facilitating efficient logistics and trade.
As Belgium continues to adapt to global economic trends and challenges, including the push towards sustainability and digitalization, its manufacturing industry remains a vital component of the economy. This sector not only drives economic growth and employment but also reinforces Belgium’s position as a leading industrial nation within Europe and on the global stage.
