The Regional Minister for Economy, Finance, and Employment, Rocío Albert, outlined these factors today during her visit to the headquarters of automotive multinational IVECO in Turin, on the second day of her institutional visit to the transalpine country aimed at attracting foreign investment.
In this regard, Albert emphasized that “transport and automotive are a fundamental industry, the largest in the region, with major companies such as IVECO itself, Bosch, and DHL.” Thanks to these companies, turnover in the logistics sector exceeds €38 billion in the Madrid Region, more than 26% of the national total.
To continue fostering its development and to consolidate its role as a major connector between continents, the regional government launched the Logistics Agency last year. This initiative will strengthen the sector through updated and more harmonized regulation, making transit easier and simplifying procedures, helping to reduce costs and operating times.
Madrid is also the epicenter of the national road and rail network, as the best-connected hub in the country’s transport grid. This is further reinforced by Adolfo Suárez Madrid–Barajas Airport, the largest in Spain and the fifth largest in Europe in terms of passengers and freight.