Germany Faces €400 Billion Infrastructure Investment Gap
A recent study highlights the urgent need for substantial investment in Germany's deteriorating infrastructure, urging the inclusion of private investors.
- Economist Lars Feld's study estimates a need for €400 billion to address Germany's infrastructure issues, including roads, railways, and energy systems.
- The collapse of the Carolabrücke in Dresden underscores the country's infrastructural deficiencies.
- Germany's investment in infrastructure is below the OECD average, with a 2022 investment rate of only 2.6% of GDP.
- The study suggests involving private investors through infrastructure funds to bridge the financial gap.
- Union Investment's CEO emphasizes the critical role of infrastructure in supporting economic growth and prosperity.