The German government is hosting a significant investment summit at the Chancellery on Monday afternoon, signaling what officials describe as the launch of a transformative “economic shift.
Chancellor Friedrich Merz of the Christian Democratic Union (CDU) expressed strong encouragement regarding the event, stating, “We welcome the confidence that businesses have in investing in Germany and its jobs”. He emphasized that these investments are vital for bolstering economic growth and securing the nation’s future competitiveness, while also serving as a compelling message to international companies considering renewed investment in Germany. Merz affirmed that Germany remains “one of the most attractive investment locations in the world.
The “Made for Germany” initiative representatives are scheduled to engage in discussions with Chancellor Merz at the summit, focusing on strategies to further enhance the appeal of Germany as a business location and improve the overall investment climate. Discussions are also centered around investment commitments totaling several hundred billion euros.
Federal Finance Minister Lars Klingbeil of the Social Democratic Party (SPD) underscored the urgent need for substantial investment in the nation’s future, highlighting the “Made for Germany” initiative as a key contributor. “With public and private investment, we are putting our country back on a growth path and securing jobs.
Federal Minister for Economic Affairs, Katherina Reiche (CDU), echoed this sentiment, adding that ongoing efforts are “focused on making Germany an even more attractive investment location”. The summit is expected to generate concrete proposals for bolstering the German economy and attracting further investment.