Named ‘the most advanced digital society in the world’, Estonia has garnered quite the reputation in the field of digitalisation – and as a consequence has designed numerous digital solutions to help tackle the pandemic crisis.
“Sustainability is really important for us. We are focusing on making better value propositions so that foreign investors and companies can see what kind of benefits we have here in Estonia. It’s a great place for sustainable development because of the cooperation between universities, the private sector and the public sector. At the same time, half of Estonia is covered in forests. We would like to keep this kind of synergy of being a high-tech, green country.” – Kaspar Kork, Director of Estonian Investment Agency.
But what sort of solutions for growth in sustainability with the help of digitalisation has Estonia come up with and what learnings can the rest of us take home from Estonia’s innovations?
Another megatrend that Estonia is responding to in the post pandemic era is nearshoring. That is when companies which had planned to go to Asian countries before, would rather spend more, and keep or bring their production lines or units closer to home. The trend is particularly strong in electronics. Estonia plans on being a serious player in the field, and is preparing offerings for attracting these very businesses.
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