Germany is investing €500 billion over the next 12 years to overhaul infrastructure like roads, bridges, schools and digitalization. This massive spending creates lucrative opportunities for Danish companies in construction and energy.
“It’s hard to overstate how much this policy shift means for Germany and Denmark as its key trading partner,” said Sydbank’s chief economist Søren Kristensen.
Danish contractors already operating in Germany can expect more major project orders. The defense buildup will also require new weapons factories and barracks construction.
On the energy side, funding for new climate initiatives aligns perfectly with Danish strengths in wind turbines, pumps, thermostats and other clean technologies.
Germany’s heavy industry is also ravenously hungry for more electricity and hydrogen. “There are high hopes Germany can import hydrogen via pipelines from Denmark. But that requires decisions and investments,” noted Ørsted’s Josche Muth.
As Germany decarbonizes while securing competitive, sustainable energy supplies, Denmark is positioned as a vital partner to meet its massive infrastructure and energy transition needs.
The translation was written by an AI system, though the original text was authored by a human. Read the original article here
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