Battery value chain in a new market situation – towards profitable growth
City of Vaasa and Mustasaari municipality have together developed GigaVaasa industrial area already from 2017
GigaVaasa industrial area
GigaVaasa collects together energy intensive industry, research, logistics and know-how. Vaasa and Mustasaari have built since 2017 the area to be competitive and fast to establish for sizeable green transition investments leading to industrial growth.
During the years, GigaVaasa has been zoned and planned for infrastructure needs of battery value chain. We have successfully attracted players from battery value chain to establish to the are, but the market situation in Europe had dramatically changed during the past couple of years. In the Nordics we have seen even bankruptcies, and in Europe several projects have been delayed or stopped with no new projects in visible in the near future. This project will update GigaVaasa area’s strategy to meet the market situation so that start of new investments could be secured.
Target is to develop the competitivness of GigaVaasa area due to changed market situation
The target will be reached by
- Improving the business conditions for customers who have already reserved a plot at GigaVaasa area in order to secure profitable business case and investments
- Finding new customers to GigaVaasa area
- Finding out possible additional value and synergies of other energy intensive industries for GigaVaasa area
- Developing logistical solutions of the area among others with specialty transports
- Developing GigaVaasa area’s service concept together with potential customers and service providers
- Up-dating GigaVaasa’s communication strategy and activities due to changed market situation
