Investment Summit: "I want your money": Federal Government woos investors - Amazon pledges 16 billion euros
At the federal government's first investment conference, the Chancellor is promoting the location - and promising to make it even more attractive. Billions are to flow into eight areas.
The German government has hosted an investment conference in Berlin, attracting around 200 investors. CDU leader Friedrich Merz highlighted Germany's strengths, including its punctual and hardworking reputation, and its thriving medium-sized businesses, which offer opportunities for international investors. The government has launched a comprehensive agenda to attract investment, including large-scale investments, tax relief, and strengthening the capital market.
Amazon has announced plans to invest over 16 billion euros in Germany, including 4.8 billion euros in expanding its cloud infrastructure in Frankfurt and a new research laboratory for robotics and artificial intelligence in Berlin. This investment is expected to create over 3,000 new jobs.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
