January 12, 2021
11:52
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Wallonie Santé has just given a big financial boost to the LégiaPark, which will become the largest building for the life sciences in Wallonia.
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Wallonie Santé, the Walloon regional investment fund active in health and social action, is investing 20 million euros in the construction of the LégiaPark, the new real estate complex dedicated to economic activities in the field of life sciences in Liège. This is the largest investment made to date by this fund in an infrastructure within its sector of activity.
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“The ultimate goal of the LégiaPark is to strengthen the biomedical ecosystem.”
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Created by Sogepa, the Wallonie Santé tool has been operational since 2019. That year, he invested 52 million euros in the health sector and enabled a bank leverage effect of more than 600 million euros.
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Two buildings
The LégiaPark project, work on which began a few months ago and should be finalized in the course of 2022, is located in front of the CHC MontLégia clinic in Liège. The two buildings will house, over nearly 30,000 square meters, infrastructure mainly intended for companies that are part of the biomedical ecosystem, especially those active in clinical tests (clean rooms, small production and storage areas, quality control, etc.).
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When it becomes operational, the LégiaPark will then be the largest building for the life sciences in Wallonia. Located on the Brussels motorway, not far from the airport, it will primarily house foreign start-ups and scale-ups that have opted for Liège. “The ultimate objective of the LégiaPark is to strengthen the biomedical ecosystem with the creation of direct and indirect jobs as well as to attract talent in a health sector which turns out to be the most important provider of jobs in Wallonia (14.9%, or nearly 200,000 people) “, argued the investment fund.
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Other partners
This new economic park will complement the existing sites in the Liège region, including that of Accessia Pharma, located on the former Colgate-Palmolive R&D site in Milmort, dance le zoning de Herstal.
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In this project, Wallonie Santé is providing financial support alongside other partners and private investors for nearly a quarter of a total investment estimated at 83 million euros. The intervention is carried out both in capital for 10 million released, this Tuesday, in the umbrella real estate structure (FIIS, specialized real estate investment fund), as well as in the form of a “Green health” loan up to 10 millions.
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