Portal de Cartagena
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SABIC generates an economic impact of 500 million euros and 6,948 jobs, between direct and indirect, according to the study carried out by the Department of Economics of the Polytechnic University of Cartagena (UPCT) that the company presented today at the Faculty of Sciences of the Company.
The report, entitled 'Analysis and estimation of the economic impact of SABIC' and made based on the data for the year 2015, reveals that 36% of the gross added value generated by SABIC is contributed to the regional economy, in which a third of the jobs generated by the activity of the multinational, a total of 2,226 jobs.
Directly, 775 workers were hired full time.
Researchers calculate 91 million direct generation of added value from the plant of La Aljorra, which contributes 10% to the industrial sector of the Region of Murcia.
The act of presentation of the study, that has taken place this morning in the Hall of Degrees of the Faculty of Sciences of the Company of the Polytechnical University of Cartagena, has been chaired by Alejandro Díaz Morcillo, rector of the UPCT, accompanied by Juan Alemany , director of the industrial complex of SABIC and Antonio García Sánchez, of the Department of Economics of the UPCT and co-author of the study.
García Sánchez has pointed out that "for the estimation of the impact, the direct, indirect and induced economic effects have been valued, that is to say, the one favored by its main activity, the dependent industry and the generation of wage rents".
Regarding employment, he highlighted that the relationship between direct and indirect employment is almost seven indirect jobs per direct job, "which reflects the high productivity of the labor factor in SABIC, with a significant effect on the generation of indirect employment."
"I had one of the best times of the year when I visited SABIC and met about thirty of its engineers, trained in the UPCT.
It is the most comforting for a rector to see our alumni in a company that generates so much wealth for the region, the region and the whole country, "said Alejandro Díaz.
SABIC generates an average of 42,000 truck movements in loaded freight, 134 shipments per aircraft and uses 8,500 containers for its maritime transactions from the Escombreras dock, providing the Port Authority of Cartagena with three million euros, in fees, 6.8% of the total.
The report made for SABIC is one of the multiple R + D + i assignments that researchers from the Polytechnic of Cartagena receive.
According to its latest Accountability Report, the UPCT signed 314 contracts and agreements for research, development and innovation in 2016 for an amount of 1,881,000 euros.
Source: UPCT
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