CILF: Top-Ranked Infrastructure Key to German Economic Rebound

BERLIN, Oct. 14 /PRNewswire-Asia/ -- 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
Tel: +49(0)30-200099-170
Fax: +49(0)30-200099-111