Oulu offers excellent opportunities for sustainable investments in the heart of rapidly developing northern Europe.
The population of Oulu has been predicted to increase by 20 per cent in the next decade. At the same time, also consumption will rise, but in a more sustainable manner: Oulu is investing heavily on circular economy, and the city is aiming at carbon neutrality by the year 2040. As an example, already 35 per cent of the wind power projects in Finland are set in North Ostrobothnia around the Oulu region.
Gateway to Arctic Europe
Strong expertise and history in the field of information and communications technology (ICT) has created a unique foundation for innovation and enterprise in Oulu. New start-ups are popping up in the region at a steady pace – even during an exceptional period such as the coronavirus pandemic.
Hundreds of billions of euros will be invested in the Arctic region of Scandinavia by the year 2030. The biggest investments will be made in construction, energy, and mining industries, as well as logistics, tourism, and the creative industries.