Morant highlights the work of multinationals in promoting Spain as a destination for R&D investment

News - 24.5.2022

This was stated during the meeting with the board of trustees of the I+E Foundation held at the head office of Ericsson Spain on the company's 100th anniversary. The I+E Foundation is an entity made up of Spanish subsidiaries of multinationals - leaders in their respective sectors - that stand out for their activity and efforts in innovation and the development of technological resources.

During her speech, Morant stressed that multinationals, which account for more than a third of R&D business in Spain, are key to the Spanish economy. She also stated that one of the main challenges for Spain and the Ministry of Science and Innovation is to work with companies in increasing their R&D footprint.

Strategic Projects for Economic Recovery and Transformation (PERTE)

The minister referred to the Government's Recovery, Transformation and Resilience Plan, which, through the Strategic Projects for Economic Recovery and Transformation (PERTE), will position Spain at the forefront of strategic areas such as microchips, precision medicine, the aerospace sector, sustainable agri-food and renewable energies.

The government has so far approved ten PERTEs, focusing on key areas for the future and resilience for the Spanish economy. The Ministry of Science and Innovation is coordinating two of them, which aim to promote science and innovation to strengthen the aerospace sector and move towards a health system based on cutting-edge health.

Non official translation