Investment revolution: 630 billion euros for Germany by 2028!

Investment revolution: 630 billion euros for Germany by 2028!

Today the “Made for Germany” investment summit took place in the Chancellery, at which a significant announcement in German economic history was made. A total of 61 companies, including well-known players such as Allianz, Airbus, BMW, Deutsche Börse, Mercedes-Benz, Rheinmetall, SAP and Volkswagen, have pledged investments of around 630 billion euros by 2028. Important US companies such as Nvidia, Blackrock and Blackstone were also represented. Chancellor Merz described this initiative as one of the largest investment offensives in decades.

However, the exact amount of new commitments remains unclear as the total includes both planned and existing capital investments, research and international commitments. Real new investments account for a three-digit billion sum.

demands for investments

In the context of the investments, several leaders spoke out, including Siemens boss Busch, who called for a new form of cooperation between business and politics. The conditions for future investments also include the demand for further reforms from the federal government. Entrepreneurs are demanding less regulation and more room for innovation to ensure future competitiveness.

The reactions from the business community were mixed. Ifo President Fuest described the announcements as a positive signal that could give impetus to medium-sized companies in particular, but emphasized that the announcements must also be translated into action. The economist Schnitzer optimistically stated that companies believe in Germany as a location.

Criticism and skepticism

Economic researcher Boysen-Hogrefe raised concerns, pointing out that many of these investments had already been planned beforehand and criticized the invitation only to large companies to the summit. Government spokesman Kornelius, however, rejected the PR criticism and emphasized the industry's positive attitude towards the promises made. However, no specific timetable was given for the start of the first investments, which raises questions about the timely implementation.

Additional details on the investment landscape in Germany and the relevant location factors can be found in a current report from the German Economic Institute, which offers comprehensive analyzes on this topic. Further information can be found on the institute's website IW Cologne can be viewed.