Companies pledge to invest over US$700 billion in Germany over the next 3 years

(21 Jul 2025)
RESTRICTION SUMMARY:

ASSOCIATED PRESS
Berlin, Germany – 21 July 2025
1. German Chancellor Friedrich Merz posing together with representatives of an initiative titled "Made for Germany" at the chancellery
2. Mid of Merz posing together with representatives
3. Merz together with Deutsche Bank CEO Christian Sewing and Siemens CEO Roland Busch arriving at news conference
4. SOUNDBITE (German) Friedrich Merz, German Chancellor:
"There are over 60 companies that have now made investment commitments of over 600 billion euros for the next three years, that is, for the years 2025 to 2028. In plain terms, this means we are facing one of the largest investment initiatives we have seen in Germany in recent decades."
5. Merz together with Sewing and Busch
6. SOUNDBITE (German) Friedrich Merz, German Chancellor:
"The investments by the initiative are a very powerful signal that we are now experiencing a shift in sentiment and consolidating it. The message we associate with this is very clear: Germany is back. It’s worth investing in Germany again. We are not a location of the past, but a location of the present and above all the future."
7. Merz together with Sewing and Busch
8. SOUNDBITE (German) Roland Busch, Siemens CEO:
"And our priorities are clear: We want economic growth, we want to strengthen Germany’s competitiveness, we want to defend or further expand our technological leadership and we want to bring our infrastructure into the digital age."
9. Merz, Sewing and Busch leaving
STORYLINE:
A group of dozens of companies is pledging to invest at least 631 billion euros ($733 billion) in Germany over the next three years.

On Monday, Chancellor Friedrich Merz welcomed representatives of an initiative titled “Made for Germany” to the chancellery to send a signal of confidence from and to private investors in Europe’s biggest economy as the new government tries to breathe new life into it.

The group currently includes 61 companies from across the German economy.

The economy has shrunk for the past two years and is expected to stagnate this year.

Merz’s administration has made revitalizing it a top priority since it took office May 6.

AP Video shot by Pietro Di Cristofaro and Fanny Brodersen

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