For ASML, BIC represents an interesting option, Roger Dassen, the companys CFO,saidin a statement.

Thats because of the campus close proximity to Veldhoven, where the company is based.

The preliminary agreement seems to be allaying fears over ASMLsrumoured relocationabroad.

Chip giant ASML plans Eindhoven expansion in big win for Dutch tech

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A potential relocation would have a major impact on the Dutch tech sector and economy.

ASML isnt simply a world-leading supplier of chip-making equipment.

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All of the above are key aspects for accommodating ASMLs expansion.

The recently announced government measures contribute to this.

However, the deal isnt set in stone just yet.

Ioanna Lykiardopoulou

Discussions will continue and a final decision from both parties is expected in June.

Micky Andriaanses, Minister of Economic Affairs and Climate, characterised the agreement as good news.

Story byIoanna Lykiardopoulou

Ioanna is a writer at TNW.

With a background in the humanities, she has a soft spot for social impact-enabling technologies.

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