Aid to enterprises towards foreign infrastructure projects
On April 21, the government decided to improve coordination between Swiss industry and the relevant departments and promotion tools of the federal government
On April 21, 2021, the Federal Council decided to improve the access of Swiss companies to large foreign infrastructure projects.
The emphasis is on greater coordination between Swiss industry and the relevant departments of the Federal Administration as well as the promotion tools of the Confederation.
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The report ‘Economic Footprint Switzerland Innovation Park Zurich’ by BAK Economics (in German)
It is also a matter of identifying business opportunities in a targeted manner and facilitating an optimal match between foreign demand and Swiss supply.
In Switzerland, expertise and knowledge regarding large-scale foreign infrastructure projects is distributed among various public and private players.
Hub at the State Secretariat for Economic Affairs from 2019
Accordingly, the Federal Council had decided at the end of 2019 to create a central coordination service at the State Secretariat for Economic Affairs (SECO).
In addition to improved networking of actors, additional first support measures in the areas of economic diplomacy, export risk insurance and export financing as well as export promotion were introduced to complement private sector initiatives.
The market for large international projects has changed further as a result of the pandemic.
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Demand for innovative solutions for more sustainable development is currently rising sharply.
Similarly, with the proliferation of restart initiatives, international competition for such mandates is becoming more intense.
Finally, the possibilities offered by digital tools are increasingly facilitating the penetration of new markets. These developments are opening new doors for the Swiss export industry, particularly in the areas of innovation and sustainability.
CHF 7.8 million available for the period 2022-2024
With its decision of 21 April 2021, the Federal Council is making CHF 7.8 million available for the period 2022-2024, thereby strengthening the Swiss network.
The individual actors – first and foremost Switzerland Global Enterprise (S-GE) and the Export Risk Insurance (SERV), but also the other specialized federal agencies – will coordinate their activities with those of the relevant associations and expand them in a targeted manner.
Further measures were also discussed at the Export Round Table on January 26, 2021.
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In particular, the introduction of a digital platform is planned, the purpose of which will be to facilitate an optimal and effective matching of supply and demand for large infrastructure projects.
In addition to this, SERV will get even closer to general contractors and project promoters who could purchase Swiss products and services.
At the same time, specific infrastructure and cleantech measures are planned by the S-GE as well as training courses for external network employees.
On-Site Actions of Swiss Business Hubs and Embassies
The early identification of projects, the constant nurturing of relationships and the improved support of exporters on location by means of Swiss Business Hubs and embassies are also key to winning contracts and standing out from international competition.
The results of the implementation of the measures will be taken into account in the dispatch on the promotion of Switzerland as a business location 2024-2027.
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