Site Selection magazine has named Germany the world‘s best country to invest in, ahead of the United Kingdom and Australia. And Germany Trade & Invest (GTAI) was chosen as the second best national agency for international investment behind Ireland.
GTAI, Site Selection pointed out, posted a record of 2,062 foreign direct investment projects in 2018. According to a study carried out by Ernst & Young, investment in German startups rose by 36% year-on-year, reaching €6.2 billion euros in 2019.
“Amidst the corona crisis, it’s especially encouraging to get positive feedback from abroad about Germany as a business location,” said GTAI Head of Investor Consulting Achim Hartig. “For us, being again named Site Selection’s “#1 Overall Global Best to Invest Country” is an important signal for our agency and confirms our conviction that we were able to communicate Germany’s advantages at home and abroad.”
“We will continue to work through the corona crisis in Germany with humility and respect,” Hartig added. “We hope that this accolade is a good springboard in our efforts to show companies that in German their businesses are secure in times of crisis and will be able to develop resiliently in the future.”
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