Around 200 million euros will be invested in the construction of the four incubators of 110,000 m² which, from 2016, will welcome 700 Chinese nationals and will employ a total of 1,500 people.
Attracted by the technological expertise developed in Walloon Brabant, in particular in Louvain-la-Neuve, Chinese investors want to create a platform there for Chinese companies wanting to develop innovative projects in collaboration, in particular, with UCL, with a view to benefiting from our expertise and experience in various fields.
The China Belgium Technological Center will consist of offices (75,000 m²), a 160-bed hotel (8,000 m²), a service and conference centre (5,000 m²), logistic facilities (4,000 m²) and parking facilities (26,000 m²). It will host five areas of activity: biotechnology, green energy, optoelectronics, telecoms and a business incubator.
It is noteworthy that there are no plans to install a Chinese district or Asian restaurants, since the Asians want to integrate and engage with residents in Louvain-la-Neuve in their everyday life.
Three office buildings will be built to accommodate the 700 long-term Chinese expatriates. The hotel on their site will accommodate short-stay employees.
From a Vif l’Express article -12/09/2013