Germany Trade & Invest (GTAI), the German government agency tasked with attracting foreign direct investment (FDI), presents a new study on FDI in Germany.
Check this out: GTAI has released its first worldwide study of the reasons why foreign companies invest in Germany. The agency surveyed 23 countries for this report.
- More than three million people in Germany owe their jobs to foreign direct investment. Most U.S. companies investing in the country do so to capitalize on German know-how.
- When U.S. companies invest abroad, Germany ranks fourth by number of investments in comparison with other countries. That puts the United States behind the United Kingdom, China and India.
- The situation is different for R&D, however. Foreign subsidiaries of U.S. companies have invested nearly $ 46 billion in R&D, of which Germany was able to attract the largest amount: $ 7.3 billion.
It contains background information, trends, and statistics on foreign direct investments in Germany and the countries and economies that are driving it.
As of November 2014, the study is only available in German. Is your U.S.-based company is looking to establish or expand its operations in Germany and looking for answers to workforce and recruiting-related site selection questions?
Then please don’t hesitate to contact the Germany-USA Career Center for help with getting the most out of this study for your business. We are here to help!
Source: GTAI Press Release