Antwerp (province) - Economy

Economy

The Port of Antwerp is the economic heart of the province. Until the agricultural crisis of 1880, the eastern part of the province was a largely agricultural region. The industrial development of the eastern part of the province, part of the Campine region, started at the end of the 19th century when industry established itself in the region. The availability of cheap labor, new roads, canals, tramways and railroads such as the Iron Rhine, stimulated the settlement of new industry. Brick making industry alongside the canals, paper and printing business in Turnhout. Non-ferrous metallurgy in Balen-Nete, dynamite factories in Arendonk and Balen. Tobacco and cigar factories in Arendonk and the first shoe factory in Herentals. During the 1920s, the industrial expansion of the region continued with the radium and copper factories in Olen, the glass factory in Mol-Gompel and the diamond industry in Grobbendonk and Nijlen.

In the 20th century the first nuclear installation in Belgium was established at the SCK•CEN in Mol in 1962. The European Institute for Reference Materials and Measurements (IRMM), one of the EU Joint Research Centres, was founded in Geel in 1957 as a result of the Treaty of Rome. Innotek is a technology centre located in Geel and is part of the European Business and Innovation Centre Network (EBN). Industry in the Campine region of the province is mainly located alongside the E313, the E34 and the Albert Canal.