We Know that the overall attractiveness of a country as a potential market or

investment site for an international business depends on balancing the benefits ,

costs and risks associated with doing the business in that country . The other
things we also look at before investing is that the benefits ,cost , risk and trade
off are equally most favorable in politically stable developed and developing
country that have free market system and do dramatic upsurge in either inflation
rates or in the private sector debts. So when we are going to critically analyze the
overall attractiveness of Belgium market for investment we are going to look into
the benefits , costs and risks factors before investing there. Belgium is a country in
western Europe. It is known for its medieval towns , architecture . it is one of the
smallest and densely populated European country , it got independent in 1830. So
if we look at the benefits of doing investment in Belgium that will be , Belgium is
well developed free market economy , it is base on its both industrial and service
sector results. Belgium economy is highly dependent on international trade and
most of its economic sector is driven by exporting products. In 2021 the economic
growth rate is 5.4% which is good . When we analyze cost , first thing comes to
our mind is corruption. Corruption is a problem in Belgium. People trust in their
civil services and judiciary services are very low . The perception of corruption is
very high in Belgium. Belgium has a very good infrastructure of roads , water
ways , ports , and airports which are very essential for doing business. This
infrastructure has lead their economy to thrive. The cost of legal proceeding in
Belgium civil courts can be high. There is economical risk. Belgium is a prosperous
country but it has few natural resources . For this reason it has to order a large
amount of raw material in order to export their manufactured products . This has
made their economy vulnerable. Belgium Follows a civil law system based on
French Civil Code. Its laws being continuously modified buy the European union.
So after analyzing all of the the risks , benefits and costs of investing in Belgium
we can say that Belgium is a attractive market for investing . Because it is a
manufacturing country basically , there is a very little amount of risk , there is high
benefit as it is a exporting country , cost of doing business over there is low , and
the political , legal and economical risks which a company faces doing business
overseas is pretty low too . That’s why I can say that Belgium’s market is attractive
for investment.
https://www.wolterskluwer.com/en/expert-insights/doing-business-in-belgium

https://www.nationsencyclopedia.com/economies/Europe/Belgium-OVERVIEW-OF-ECONOMY.html

https://www.nationsencyclopedia.com/economies/Europe/Belgium-INFRASTRUCTURE-POWER-AND-
COMMUNICATIONS.html