Oulu is located in the middle of major Arctic European cleantech and industrial investments.
The largest single investment is the Fennovoima nuclear power plant in Hanhikivenniemi, Pyhäjoki.
Strong industries in the Oulu region include metal, construction, food and chemical industries. ICT expertise of the area is utilized in cleantech applications, including smart energy, resource efficiency and emission control solutions. Oulu region is also the most significant hub of wind power construction in Finland.