Gigantic investment package: 631 billion euros for Germany by 2028!

Gigantic investment package: 631 billion euros for Germany by 2028!

As part of the “Made for Germany” initiative, 61 companies have announced that they will invest over 630 billion euros in Germany by 2028. This announcement was made before the investment summit in the Chancellery, which was attended by Chancellor Friedrich Merz, Vice Chancellor Lars Klingbeil and Economics Minister Katherina Reiche. The total includes planned and new capital investments as well as research and development expenditure and commitments from international donors. A significant proportion of the investments will be made up of new investments. Merz sees these investments as an important contribution to economic growth and Germany's future viability.

The initiative was initiated by leading companies, including well-known names such as Allianz, Airbus, BMW, Deutsche Börse, Mercedes Benz, Rheinmetall, SAP and Volkswagen. US companies such as Nvidia, Blackrock and Blackstone are also among the investors. Merz emphasized the importance of these investments and the trust of companies in Germany, which is seen as the key to strengthening the business location. The aim is to send a positive signal to international companies in order to arouse their interest in investing in Germany, which should increase the attractiveness of the investment location. This information was provided by Deutschlandfunk provided.

Strategic investments by top companies

30 companies in Germany had previously announced investments of up to 300 billion euros, which further underlines the importance of the strategic commitment. The initiators of the “Made for Germany” initiative, including Christian Sewing from Deutsche Bank, Roland Busch from Siemens, Mathias Döpfner from Axel Springer and Alexander Geiser from FGS Global, aim to sustainably increase Germany’s competitiveness.

Finance Minister Klingbeil and Economics Minister Reiche praised the announcement and meet regularly with representatives of the initiative to discuss measures that could improve the framework conditions for investments. The summit also highlighted the need to optimize the investment climate in Germany in order to attract more international investors in the long term.

Concerns about the sustainability of the initiative

Despite the positive news, Ifo President Clemens Fuest expressed concerns about the sustainability of the initiative and described it as a “boost for the economy”. While the initiative could provide short-term impetus, it remains to be seen what the long-term stability and actual results of the investments will be. The discussion about the future of Germany as a business location and the role of such large-scale investments will therefore continue to be of great importance. Further details about the planned investments and the companies involved come from Time online.