•VRT News•Article
Einstein Telescope Could Bring €1.5B Economic Impact to Flanders
Major economic analysis commissioned by Flemish Minister-President examining the Einstein Telescope project's impact on Flanders. Study highlights the telescope's potential to contribute 0.22 percentage points to Flemish productivity growth and generate between 5,021 and 12,142 job-years over the project lifetime. As a researcher contributing to ETpathfinder (Einstein Telescope pathfinder project), this work directly supports development of this next-generation gravitational wave observatory.
Key Points
- •Economic gains: €1.509 billion annually (optimistic) or €637 million (baseline)
- •Employment: 5,021-12,142 job-years over project lifetime
- •Construction: 2,600-6,600 job-years
- •Operations: 2,300-5,455 job-years over 50 years
- •Scientific ecosystem modeled after CERN as "magnet for top scientists"