MUNICH The business promotion agency Invest in Bavaria successfully supported 89 projects last year – significantly more than in the year before. Almost 1,800 jobs were created through companies investing in Bavaria, and almost 1,100 jobs were secured. Urban centres and rural areas benefit equally from this. Minister of Economic Affairs, Ilse Aigner: "We need to bring jobs to the people. We cannot afford for any region to be left behind by the positive economic development in the Free State of Bavaria."
Almost 30 per cent of the new jobs created, and around 80 per cent of those secured, are in Franconia. Aigner attributes this success partly to the newly-founded Invest in Bavaria office in Nuremberg. "The high number of jobs secured in Franconia shows that the more intensive cooperation with local and regional business promotion agencies is paying off."
The greatest quantity of investment in 2013 came from the USA. This puts direct investment from abroad ahead of direct investment from other German states – in second place with twelve projects – for the first time. China, the top country of origin for foreign investment in 2012, came in third place with nine projects, closely followed by Japan, Russia and France with eight projects each.
Invest in Bavaria mainly brings companies with high levels of value creation to Bavaria. Aigner: "Bavaria is predominantly attractive for investments in key sectors."