BERLIN & NEW DELHI – Berlin’s new airport, opening in June 2012, comes at a time when the capital region is facing record numbers of business travelers and tourists. And with Germany Trade & Invest witnessing increased investor interest from Asia – especially in Germany’s high-tech regions of Eastern Germany – the airport will provide increased capacity and decreased travel times to Asian destinations.
Thanks to the upswing in investor interest from Asia, Germany Trade & Invest is introducing Eastern Germany’s latest asset to companies across the continent. On February 22, Indian investors in New Delhi will receive a preview of the Berlin Brandenburg International Airport (BBI). The passenger hub is Europe’s largest new airport under construction and will have a capacity of 27 million passengers when it opens, including an expansion option to handle 45 million passengers annually. Travel times will be up to one hour shorter to Asian destinations compared with other European hubs.
Twenty years after German reunification, Eastern Germany has become a cluster for a number of future industries, including the renewable energy, semiconductor, and automotive industries.
Michael Pfeiffer, Chief Executive of Germany Trade & Invest, said: “Berlin Brandenburg International Airport strengthens Eastern Germany’s attractiveness as a high-tech business location. The airport further improves the already excellent infrastructure in the region and adds a new modern gateway to the entire world.”
Indian FDI stocks in Germany have nearly quadrupled since 2005. Almost half of all new investment projects are in the information technology (IT) industry, including software and communications. Germany is Europe’s largest market for high-tech goods and services.
Germany Trade & Invest’s road show will continue to Pune on February 24 and Kuala Lumpur, Malaysia, on February 28 before stopping in Singapore, Taipei, and Beijing in May.
Germany Trade & Invest is the foreign trade and inward investment promotion agency of the Federal Republic of Germany. The organization advises foreign companies looking to expand their business activities in the German market. It provides information on foreign trade to German companies that seek to enter foreign markets.