West Macedonia - Economy

Economy

The Region has one operational Industrial Area in Florina and another one under construction in Kozani. The secondary sector is very important for the Regional economy, mainly due to the mining activities, the production of electric power (70% of country’s total power is produced in the Region) and the fur-leather sector. However, “soft” structures have not followed the general improvement of heavy infrastructures, a situation that has to be remedied, in order to achieve an overall higher economic development of the Region. The R&D services are at a rather low level: only 3,5% of the country’s total research foundations are situated in the Region. Among them, the Technological Educational Institute plays an important role in supporting the regional research and educational efforts. However, an enhanced interaction with SME’s will be a crucial factor, in order to improve the productivity and the added value of products and services generated in the Region of Western Macedonia. Some of its more famous products are marbles, Saffron (krokos Kozanis), fruits, local wines (Kozani, Amyntaio), furs (Kastoria, Siatista) and specialized arts and crafts industry.

The Egnatia motorway via Egnatia (Trans – European Network) that crosses the Region, along with its two vertical National Roads, form a network that dramatically improves the transport conditions in the Region and alter its traditional “isolation” image, mainly due to its mountainous landscape. On the other hand, the railroad network is insufficient and the two airports (Kozani and Kastoria) can only serve small passenger planes. The telecommunication network has drastically improved over the last decade, providing the regional population with adequate services and modern facilities.

The last years the region is being developed in tourism mainly on winter. It is the only Greek region without sea coast, but on the other side there are a lot of lakes, mountains, picturesque villages and two big ski centers in Florina (Vigla) and Grevena (Vasilitsa) and one other under construction in Kozani (Velvendos).

The administrative building of West Macedonia region is located in Zone of Alternate Urban Planning (ZEP) in the city of Kozani.

Read more about this topic:  West Macedonia

Famous quotes containing the word economy:

    Cities need old buildings so badly it is probably impossible for vigorous streets and districts to grow without them.... for really new ideas of any kind—no matter how ultimately profitable or otherwise successful some of them might prove to be—there is no leeway for such chancy trial, error and experimentation in the high-overhead economy of new construction. Old ideas can sometimes use new buildings. New ideas must use old buildings.
    Jane Jacobs (b. 1916)

    It enhances our sense of the grand security and serenity of nature to observe the still undisturbed economy and content of the fishes of this century, their happiness a regular fruit of the summer.
    Henry David Thoreau (1817–1862)