NRW: Germany's No. 1 investment location
More foreign investments flow into the business location NRW than into any other German state: The economic center accounts for 28.5 percent of all foreign direct investments (FDI) in Germany. Some 18,000 international companies have already discovered the investment location and control their German or European operations from NRW. These include global companies such as 3M, BP, Ericsson, Ford, Huawei, QVC, Toyota and Vodafone.
Strong business location for foreign direct investments
NRW is the No. 1 region for foreign capital in Germany. With € 189.8 billion at the end of 2014, the state recorded the highest percentage (28.5 percent) of all 16 federal states of direct investments in Germany, which totaled 666.0 billion euros.
Also leading in investment projects
While the general trend of investment activity has declined slightly in Western Europe, the Federal Republic of Germany continues to assert itself as an attractive destination for foreign direct investment (FDI) – since 2010 the number of foreign investment projects in Germany has risen continuously. With a share of 23% of all foreign direct investments in Germany, North Rhine-Westphalia regularly tops the list when compared with the other federal states.
For financial investors in particular, the investment location NRW is an exceptionally attractive destination. The ranking of the direct investments from which the purely financial investments have been excluded also shows that NRW continues to be by far the most important destination for direct investments. Here NRW has reached a current level of 147.1 billion euros, corresponding to a national share of 31.8%.
Excluding Luxembourg due to its special role as a financial hub, the Netherlands is the largest investor in NRW. It accounts for 18.1% of the direct investment volume in the state, followed by France (8.0%) and the UK (6.2%).
In 2015, the investment location North Rhine-Westphalia recorded 434 greenfield and expansion projects, significantly more than the neighboring Netherlands (201). The top 5 investor countries for investment projects in North Rhine-Westphalia are Greater China, the USA and Netherlands, followed by Turkey and Great Britain.
Sources: fDi Markets, EIM European Investment Monitor, GTAI, own survey
Winner in ranking "European Cities and Regions of the Future 2016/17"
Both the figures and the survey results confirm NRW as the No. 1 investment location: In the current ranking "European Cities and Regions of the Future 2016/17" of fDi magazine, a subsidiary of the British Financial Times, the business location North Rhine-Westphalia occupies first place in the category "European Region Overall" in a European comparison – ahead of Île-de-France, the South-East of England and Baden-Württemberg. "We are one of Germany's leading economic and industrial regions, with high market and innovation potential, and as such we are a magnet for international investors," said NRW-Minister for Economic Affairs, Garrelt Duin. "Over 18,000 companies from all over the world have already discovered the benefits offered by our location. Winning this award again is confirmation of the enduring appeal and competitiveness of our region."
To the next location factor: 2. NRW: Germany's leading business location
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International companies in North Rhine-Westphalia
Nowhere else in Germany is the number of foreign companies and their importance to the economy greater than in North Rhine-Westphalia.