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The LF2018 made € 2.20 or more than 1 euro – Friesland –

The BBO Bureau has been split up and the estimates come up with considerable effort. The LF2018, according to the cabinet, generated an economic impact on Friesland between 230 and 330 million euros last year.

The appreciation of this impact was an investment of 102 million euros, raised by parties such as governments, sponsors and funds. Part of this amount went through the management organization at Blokhuispoort, another part was collected by the producers themselves.

BBO calls LF2018 based on this result (a multiplier from 2.2 to 3.1) a socially viable project. Only & # 39; It fits with the fun, the notes of the BBO. The results relate to short-term effects, "which were prepared in principle after 2018."

Long-term effects are plausible, but not yet in BBO's image. As conceivable effects, researchers call for a greater appeal for tourists, a sustained increase in the volume of business in the cultural sector and a stronger image of the environment of life and work in Friesland.

The amount generated from 230 to 330 million euros had four sources: the expense of additional visitors, extra costs of the cultural sector, caused private and public investments and the effects of derived costs.

See also: follow the live presentation of figures LF2018 here

Additional visitors

The main source was extra visitors. They went from 125 to 200 million. Especially nightdresses mark up financially. BBO, with few ifs and buts, allocates 500,000 to 1.5 million extra nights in Friesland to the LF2018 program.

Notably, BBO mentions the sharp increase in customers from Germany and Belgium. The participation of foreign guests in Friesland in the period 2012-2015 was behind the national increase, in 2018 there was a problem "but no growth above the average."

The cultural sector generated 45 million euros in additional income. The loss of investments amounted to about 20 million euros. And, finally, there were still derivative spending effects worth 40 to 50 million euros, according to BBO estimates.

Creating new jobs has been one of the objectives of the Cultural Capital. The analysis shows that 2500 to 3300 years of extra work were created. It is unclear how resistant they are and the desired types of work.

See the live presentation below:

Application users click here to watch the video.

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