BERLIN – The value of all planned foreign investment projects (FDI) in Germany was around 34.8 billion euros in 2023 – an increase of 37.5 percent compared to the previous year (2022: 25.3 billion euros) and thus a new record. Eight settlement projects alone each have an investment volume of billions. This is the result of the new FDI report from Germany Trade & Invest (GTAI). The FDI reporting only takes into account new settlements, so-called Greenfield investments, and company expansions.
“The high number of large-scale foreign projects underlines the trust that foreign companies have in Germany as a business location. Many projects focus on future-oriented key sectors such as semiconductors, renewable energies, or the pharmaceutical industry,” says GTAI managing director Robert Hermann. “For us, this is a clear sign that Germany remains highly attractive for foreign companies despite many challenges with points such as its market size, central location within the EU, a high level of legal certainty, and strong strength in the area of research and development.”
The number of planned FDI projects also remained similarly constant at 1,759 as in 2022 (1,783). “According to the data portal fDi Markets, the number of FDI projects in Europe fell by 7.4 percent in 2023, and by as much as 8.8 percent in Western Europe. It is all the more pleasing that we were able to keep the number at a similar level in Germany “, Hermann continued.
The leading country of origin was the USA with 235 planned projects, followed by Switzerland (202), China (200), the United Kingdom (153), the Netherlands (122) and France (88). Almost two-thirds of all projects came from Europe (EU and non-EU countries). The most important sectors included energy and resources, digitalization, electronics and automation, mobility and logistics, and the healthcare industry.
Click here for the FDI Report 2023