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Saxony to Hold Investment Summit for €4 Billion Federal Fund

Deputy Minister President Petra Köpping aims to build cross-party consensus on priority projects before cabinet approval.

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Overview

  • Petra Köpping has proposed an Investitionsgipfel with municipalities, business leaders and unions to coordinate the first tranches of the federal special fund.
  • Saxony is set to receive over €4 billion from the fund, averaging around €400 million annually over the next decade.
  • The summit will focus on channeling money into transport infrastructure, digitalization, hospitals and schools to deliver visible improvements.
  • The cabinet must swiftly agree on spending priorities under the transitional 2025/26 double budget that closed a €4 billion gap with cuts.
  • Finance Minister Christian Piwarz has described the current budget as a transitional measure and warned that deeper consolidation will be needed next cycle.