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Invest in Bavaria looks at a successful year 2013: More and more companies attracted to Bavaria

02.04.2014



The investment agency of the State of Bavaria accompanied 89 successful investment projects in 2013, which is a clear increase as compared to 2012. Almost 1800 new jobs were created by companies investing in the Land, and close to 1100 existing jobs could be secured through foreign investments. This profited not only urban but also rural regions. Minister of Economic Affairs Ms. Ilse Aigner underlined: “It is our duty to bring jobs to the people. No region must be excluded from the economic development of the State of Bavaria.”

Close to 30% of new jobs and 80% of secured jobs were so in Franconia. Ms. Aigner believes this is due to the inauguration of the new Invest in Bavaria office in Nuremberg: “The great number of jobs secured in Franconia shows that close collaboration with local and regional authorities yields results.”

Most of the investments made in Bavaria in 2013 came from the USA, for the first time putting direct foreign investments ahead of those coming from other parts of Germany (12 projects). China, who was the most important investor in 2012, is now on place 3 with 9 dossiers, just before Japan, Russia and France with 8 successful projects each.

Invest in Bavaria attracts primarily companies with high value creation. As said Ms. Aigner, “Bavaria is attractive especially for investors from the key-sectors of industry.”

Source: www.stmwi.bayern.de