More than EUR 600 Billion in Private Investments Coming in Germany

The “Made for Germany” initiative, as the investments have been dubbed, came as political and business and political leaders met for a summit with German Chancellor Friedrich Merz. 

“We’re standing before one of the largest investment initiatives we’ve seen in decades in Germany,” said Chancellor Merz at the press conference following the summit. “We’re delighted by the trust the companies and their employees have shown in Germany as a business location. Together we want to send a signal today for economic growth and the future prospects of Germany as a business location…The clear message we are sending is ‘Germany is back.’ It pays to invest again in Germany. We’re a location of the future, not the past.”

The list of companies that have signed on to the initiative reads like a Who’s Who of German business, including everyone from insurer Allianz to carmaker Volkswagen. Representatives of co-initiators Deutsche Bank and Siemens appeared with Chancellor Merz at the press conference. American firms like chipmaker Nvidia and asset managers Blackrock and Blackstone are also on board.

“The results of the summit between Chancellor Merz and business leaders,” comments Germany Trade & Invest CEO Julia Braune, “send a powerful message that government and the private sector are working together to boost economic growth for Germany.”