ICT, A KEY BUSINESS SECTOR IN LUXEMBOURG
ICT has always been part of the Luxembourg economy – with the historic RTL founded in the 1930s, and SES (Europe’s first privately owned satellite company) created in the 1980s.
In light of ICT’s growing role in the global economy, and taking advantage of the country’s highly stable political system, successive governments have actively supported the development of this sector in order for Luxembourg to become a center of excellence for ICT and a key data hub in Europe. A state-of-the-art infrastructure has been developed to attract business to Luxembourg and other measures have been taken to promote the country as a European Trusted Information Center.
In 2014, the government presented its ‘Digital Lëtzebuerg‘ initiative aimed at strengthening and consolidating its long term position in the ICT field. This initiative focuses on ICT as an economic sector, and ICT as a business enabler, and comprises a series of work-streams looking at different aspects of the sector.