Pro-Palestinian encampment at Dalhousie University - May 13, 2024 | SaltWire #news #halifax #protestBERLIN - Foreign companies announced record levels of new investment in Germany last year despite the economic downturn and high energy prices, according to an analysis published on Tuesday by the federal development agency Germany Trade and Invest .
The U.S. chip company Wolfspeed wants to spend 3 billion euros on a plant in Saarland. Apple wants to massively expand its European centre for chip design in Munich, planning to spend 1 billion euros. Three data centres in Berlin, Wustermark in Brandenburg and Hanau in Hesse are also set to exceed the billion euro mark.
"Worldwide, foreign direct investment fell by 2.6%, in Europe by as much as 7.4% and in Western Europe by 8.8%," said Hartig."So we are gaining market share."
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