Overview
- Regional and national authorities announced on Tuesday, November 3, 2026, that the IMF has signed an establishment agreement to base its Global Center for Information Technologies in València.
- The center will occupy the Palacio de Calatayud, a space ceded by the Generalitat after months of negotiation, and the building's rehabilitation is in its final phase with readiness expected before the end of the year.
- Valencia's centre is designated to support IMF global operations by providing IT services such as cloud architecture, cybersecurity, AI, data analytics and digital infrastructure.
- Officials say the center will hire qualified technical staff including software engineers, cloud architects, cybersecurity specialists and data analysts, with earlier projections of 50–100 initial jobs.
- Local leaders frame the hub as a catalyst for investment and skilled‑job retention and point to Valencia's existing multilateral tech sites — the UN ICT facility, the EUIPO in Alicante and the Asian Development Bank tech centre — as proof of regional capacity.