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Foreign investment on all-time high in 2016

Baden-Württemberg is as popular as never before: The state attracted 449 foreign investment projects.

Baden-Württemberg attracted 449 foreign investment projects in 2016 and reached an all-time high. As Minister of Economic Affairs, Labour and Housing, Dr. Nicole Hoffmeister-Kraut, states the German Southwest remains an attractive investment object for international companies. „The strong presence of international companies in the state proves yet that Baden-Württemberg upholds  the reputation as Europe's innovation region No. 1 as well as a decent location for investement“, the Minister announces.

The data of the state-owned Agency for Economic and Scientific Cooperation Baden-Württemberg International (bw-i) shows that the numbers of 2016 outclass 2015, when 367 projects were realized.

Categorised by countries of origin Switzerland remains on the top position with 98 projects (2015: 122) in 2016 followed by the USA with 50 (2015: 49), France with 43 (2015: 37), Austria with 34 (2015: 13) and China 32 (2015: 16). China doubled their investment projects in comparison to the prior year.

Comparing the most attractive branches for foreign investors the tertiary sector scores highest with 103 projects. Information and communication technology (70) and mechanical engineering (52) follow.

Minister Hoffmeister-Kraut, who is also chairwoman of the supervisory board of bw-i, is convinced, that „our strong economic situation with high-qualified workers and our innovation-friendly environment will attract more and more international investors to stay in the state.“

Dr. Kai Schmidt-Eisenlohr, CEO of bw-i, particularised those innovation-friendly frame: „Our outstanding close-to-business research environment has a worldwide good reputation and offers a climate, that is attractive to investors.“

bw-i conducts statistics about foreign companies in Baden-Württemberg such as founding, shares and participations in companies as well as company takeovers.



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