German business leaders have pledged a massive €631 billion investment over the next three years to stimulate economic growth. This commitment comes as part of the ‘Made for Germany’ alliance, which aims to strengthen the nation’s industrial base and global competitiveness. The initiative was announced following a high-level meeting between alliance representatives and Chancellor Friedrich Merz in Berlin, where discussions focused on revitalizing Germany’s economy and securing long-term growth.
The ‘Made for Germany’ alliance, comprising major industrial and technological firms, has outlined a detailed roadmap to boost innovation, expand infrastructure, and create thousands of jobs across various sectors. The investment plan is expected to have a significant impact on Germany’s economic outlook, with projections indicating a potential increase in GDP growth and improved export performance.
Chancellor Friedrich Merz emphasized the importance of this commitment in maintaining Germany’s position as a global economic leader. He stated that the alliance’s efforts would not only strengthen the domestic economy but also enhance Germany’s ability to compete in international markets. The government has expressed support for the initiative, indicating that it may introduce additional incentives to attract further private and public investment.