Incentives in Spain

Bilbao

Bilbao is the core of a metropolitan area with more than one million inhabitants. Since its foundation, more than 700 years ago, it has been the fundamental factor and the main socio-economic axis around which the Vizcaya region has set its modernisation process in motion.

 

In recent years Bilbao has once again become a dynamic city, full of amenities and focused on environmental and urban regeneration. With its lands freed from the old industrial settlements, the city is now undergoing a new physical transformation, becoming more and more appealing to visitors.

 

The city has undergone an important transformation for the last decades, thanks to new infrastructures -the underground: Metro Bilbao -, the restoration of many buildings, the port's enlargement, the creation of new green areas, the Guggenheim Museum Bilbao, the Euskalduna Convention Centre and the Maritime Museum, but still preserving its old the charm.

Bilbao is located in the mouth of the river Ibaizabal in the north of the historical territory of Bizkaia, surrounded by several mountains such as Pagasarri, Ganeta, Restaleku, Arnotegi, Artxanda and Santo Domingo. Apart from being the capital of Bizkaia, it is the most populated Basque city and the economic driving force of the Basque Autonomous Region, as well as a cultural reference point.

The Old Town, better known as ‘Siete Calles’ (Seven Streets), constitutes Bilbao's core and its main commercial and leisure area. It is a real delight to walk through its narrow streets studded with bars, restaurants and typical and modern shops.

In the nearby, the Arenal Bridge connects the Old Town with the 19th-century urban expansion area, that consists of elegant buildings and big blocks. Don Diego López de Haro Street, commonly called as Gran Via, is the core of the enlargement. This elegant business and banking thoroughfare has now become a semi-pedestrian street. Bizkaia's capital is also a financial and service centre. The Bilbao Stock Exchange -an economic reference at State level-, and the Bilbao Exhibition Centre (BEC) -house of relevant international fairs, are two of its main economic features. On the other hand, the Port of Bilbao is the biggest and most important one in the Basque Country and one of the leading ports in Europe.
Bilbao welcomes a growing number of visitors every year, especially during the Aste Nagusia (Big Week). Bilbao's main festival takes place in August. Mari Jaia, a big blonde figure built of papier mache, is the soul of the festival.


Why Bilbao?


Cosy, plural and cosmopolitan city, Bilbao has a strong shipbuilding history and was formerly known only as an industrial and economic power within Spain. Nowadays it has shed that industrial skin and it has transformed itself into an internationally renowned city boasting such famous attractions as the Guggenheim Museum Bilbao. Since the construction of this game-changing architectural masterpiece that overlooks the Nervión River, Bilbao has worked diligently to improve the appearance of the riverfront area. In this growing city of one million people, you can stroll along walkways that parallel the river, shop at stores like DKNY and Calvin Klein on the Gran Vía, or explore the Old Town, where you'll discover Gothic churches, beautiful plazas, and some of Spain's finest restaurants and most popular nightlife locales.