CILF: Top-Ranked Infrastructure Key to German Economic Rebound
By Germany Trade And Invest, PRNETuesday, October 12, 2010
BERLIN, October 14, 2010 - Germany's economy continues to rebound at unexpected rates,
confirmed by new data on industrial orders that exceeds expectations. The
rapid recovery of Germany's export-driven economy and logistics industry are
a credit to Germany's infrastructure, ranked No. 1 worldwide by the 2010
Logistics Performance Index published by the World Bank. Germany Trade &
Invest will be presenting opportunities in Germany's logistics industry at
this year's annual China International Logistics and Trade Fair (CILF) in
Shenzhen, China, from October 15 - 17.
Last month saw industrial orders increase by 3.4 percent in
Germany, largely due to an increase in orders from abroad. This provides
exceptional opportunities for logistics companies located in Germany. The
logistics industry in Europe's largest market generates over EUR 200 billion
annually. The country's central position in the EU makes it an attractive
location for logistics hubs and distribution centers in Europe. Serving over
82 million German customers and nearly 500 million EU residents, Germany acts
as a direct link to western and eastern European markets.
Seeking access to new and stable markets, Asian investments in
Germany are currently on the rise, especially from China. There are over 650
Chinese companies in Germany already benefiting from the large market and
extensive infrastructure base.
Richard Offermann, Director of Service Industries at Germany
Trade & Invest: "Efficient logistics performance is the basis for trade and
growth. With the world's top infrastructure, a culture of innovation and an
outstanding workforce, Germany is an optimal springboard for logistics
companies to reach the rest of Europe."
Germany Trade & Invest will have representatives on hand at
this year's China International Logistics and Trade Fair (CILF) to present
the advantages Germany offers as a European logistics hub.
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.
Germany Trade & Invest Robert Scheid Email: robert.scheid@gtai.com T: +49(0)30-200099-170 F: +49(0)30-200099-111
Germany Trade & Invest, Robert Scheid, Email: robert.scheid at gtai.com, T: +49(0)30-200099-170, F: +49(0)30-200099-111
Tags: Berlin, Germany, Germany Trade and Invest, October 14