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Foreign Investments Growth in Bavaria: Invest in Bavaria underlines successful year 2011

02.04.2012



With 86 successfully managed investment projects, Invest in Bavaria surpassed in 2011 the previous year’s performance by 15 percent. “This figure accurately demonstrates: Invest in Bavaria is doing an excellent job and the business location Bavaria is highly attractive. I am extremely pleased that thanks to the commitment of our agency new jobs in all parts of the country have been created”, says Bavaria’s minister of Economy, Infrastructure, Transport and Technology Martin Zeil. Job creating effects increased by 150 percent. The establishment of a logistics centre in the rural area alone is remarkable, with 2000 new jobs.

Doing well are especially the Franconian districts. “Jobs in particular are an important indicator for the future capacity of Bavaria’s rural areas”, explains the minister.

As usual, most of the projects in 2011 came from Germany, followed by investments from China which has replaced the US as the first foreign investor in Bavaria. A significant increase is also coming from Russian investments, which caught up to the 4th place, followed by India and Japan.

Looking at sectors, investments in renewable energies and energy technologies replaced IT branch projects. Ranking next are electro-technical and electronic sectors, as well as the construction industry and automotive.

Source, read more: www.stmwivt.bayern.de/ (original press release, in German)