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World: Germany continues to be attractive location

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DeinGustrialization of Germany? No, because despite the exploding energy prices and increasing shortage of skilled workers, the feared burglary of foreign investments in Germany failed to do so this year.

Das Werk des US-Autobauers Ford in Köln - dort will Ford seinen weltweit ersten vollelektrischen Kleinwagen bauen © Oliver Berg/Picture-Alliance/dpa The work of the US car maker Ford in Cologne-Ford wants to build its world's first fully electric small car

"In the number of new settlements, it even looks a little better than 2021," says the managing director the federal business development agency Germany Trade & Invest (GTAI), Robert Hermann. In 2021, a total of 1806 foreign companies had resolved in Germany or expanded their locations - an increase of seven percent.

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"It continues to develop", says Hermann with a view of the year that ended. Final figures would be available in a few months.

trend towards future technologies

also with inquiries - where investments are initiated - there is a positive trend and no kink. "There is no reluctance to Germany," said Hermann in view of the debates about threatening dein industrialization by the drastically increased energy prices as a result of the Russian war against Ukraine.

Der Chiphersteller Intel plant eine große Fabrik in der Nähe von Magdeburg - hier ein Modell © Intel Corporation The chip manufacturer Intel plans a large factory near Magdeburg - here a model

This also shows that foreign companies are increasingly investing in future technologies - for example in the areas of semiconductor , battery production and recycling. "There are many companies here who want to invest a lot of money." The US chip manufacturer Intel, for example, announced in spring to want to build a facility in Magdeburg for 17 billion euros.

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Where are the Chinese?

top investor stayed the United States in the end of the year, by a large distance. "The dollar change course plays a huge role," said Hermann. Thanks to its strong upgrading to the euro, investments here are cheaper for American companies. Great Britain is in second place in the investors, which the GTAI sees as a result of the Brexit: "Anyone who is active in Germany secures access to the entire EU internal market." Neighbor France follows in third place.

, however, is no longer represented in the top ten China . "This has to do with the zero-Covid-Politk of the People's Republic because of which companies there neither come nor get out nor in," says Gtai boss Hermann. In the coming year there could be a comeback of Chinese investors, since Beijing has now loosened the strict politics.

In addition, Chinese investors will make it difficult to take over German companies, which is why they would change their strategy and settle themselves here. "Therefore, in 2023 there could be more Chinese companies that come to Germany."

DK/HB (RTR)

German military swaps APCs for NATO force after breakdowns .
BERLIN (AP) — Defense officials said Monday that Germany is readying decades-old armored personnel carriers for a key NATO force after the modern vehicles that should have been deployed suffered a mass breakdown. Germany is scheduled to take the rotating lead of NATO's Very High Readiness Joint Task Force, or VJTF, on Jan. 1. The German army's 37th Panzergrenadier Brigade had originally earmarked dozens of modern Puma APCs for the force, but during a recent military exercise all 18 Pumas deployed suffered technical failures.Defense Minister Christine Lambrecht said the 42 Pumas earmarked for the NATO force will be replaced with much older Marder vehicles.

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