Foreign investments in 2017 higher than ever before: With the improving world economy, the global investments of German companies are also increasing. Even more industrial companies than last year are planning to make foreign investments. The share of enterprises that intend to invest abroad has risen to a record level. The budgets used for this are also undergoing expansive development. Almost every third business that operates abroad is planning to increase spending compared to 2016.
The Eurozone is increasingly becoming the target of German foreign investments. The region was already investment destination no. 1 and is now able to expand significantly once more.
China and the Asia-Pacific region are following the expansion in German foreign investments at the same rate with other destinations. As in the previous year, 37 per cent of companies state that they wish to invest in China. Thereby, the Middle Kingdom remains the second most important region for the foreign investments of German industrial companies. Admittedly, just a few years ago - from 2011 to 2013 - China was the number one target for foreign investments. China’s middle class is growing - and wages are rising. As a consequence, cost aspects are becoming less important, while at the same time the opportunities for selling high-quality consumer goods are growing. In other Asian countries or the Pacific region, every fourth company - an unchanged level - that wants to invest abroad is planning to commit funds towards these ambitions.
These were the results of the latest survey on “Foreign Investments of Manufacturing Industry” which was published by the Association of German Chambers of Commerce and Industry (DIHK) beginning of April.
The results are based on the responses of more than 2,500 companies that were evaluated by the German Chambers of Commerce and Industry.
For more details about the DIHK survey “Foreign investments in 2017 higher than ever before” please click here.