Why invest in Oslo?
Photo Anne Sofie Bjorge, Visit Oslo
There has never been a better time to invest in Oslo. A city beaming with new businesses, a prosperous economy and a diverse and including community makes for solid investments – let’s take a look at why.
Most of Norway’s health-tech, med-tech, and care-tech companies are located in and near Oslo, and three out of four of the officially funded innovation clusters related to health are located in the Oslo Region. This makes Oslo the powerhouse for any health investment opportunities, and investors should be aware of the benefits of investing in Oslo-based companies.
Oslo is situated in the southeast part of Norway, just a one-hour flight from both Copenhagen and Stockholm, and is the most densely populated area of Norway, with 43 percent of the Norwegian population living in the region. The region is made up of 65 municipalities surrounding the city of Oslo. 40 percent of all of the jobs in Norway are located in the region, with a focus on knowledge-intensive business services, finance, real estate, commerce, creative industries, health, and various types of personal service ventures.
Key reasons to invest in the Oslo Region
Oslo is compact with short distances geographically, but also between people. We are an egalitarian society.
Oslo is connected with both planes and trains linking the city to the international community. Oslo Airport is the second busiest in the Nordics, with connections all around the world.
Oslo is digital, by being one of the global top 10 cities for most prepared, willing, and able to take advantage of next-generation technology as well as offering superb access to digital infrastructure.
Oslo has both the knowledge and talent, with access to more than 15 higher education institutions and more than 100 000 students. Public education is free, and the region has a large number of research institutions, performing research for both the public and private sectors.
Oslo is innovative - creating several science districts across town. The first one - Oslo Science City - will connect nearly 30 000 employees and students, 8000 researchers, 10 000 hospital staff, and 1000 organizations, including one of Europe’s largest hospitals, a leading University, numerous research institutes, and several incubators.
Oslo is green and ambitious, from being named the European Green Capital in 2019, and is one of the first cities in the world to have a climate budget, to creating a car-free city center. All plans have a strong commitment to the sustainable development of business and economic growth across Oslo.
Oslo is the hub of more than 50 professional clusters or networking organizations to support business development and growth, especially in fields of environmental and energy technology, bio-economy, life sciences, and ICT systems.
Oslo is an attractive place to live with easy access to nature, world-class museums, and performances, dining, and concert experiences known only in true metropolitan cites.
In the end, Norway is known for its stable and prosperous economy, safe and transparent democracy, and for having an open and international economy, and all of these arguments can be used about Oslo as well.
Contribution by
Mari Strømsvåg, The Oslo Region Alliance
