Employers Present Plan for Hesse's Industry - Hesse's Industry: Key to Economy, Needs Investment-Friendly Policies
Industry plays a pivotal role in Hesse's economy, directly or indirectly supporting one in five jobs and offering higher wages than service sectors. However, its share of the region's total output has decreased from 19.0% in 2016 to 14.8% in 2024.
In 2024, the industry in Hesse sustained 720,000 jobs and contributed a staggering 72.4 billion euros to the gross value added. Key players include members of Hessenmetall, representing around 740 companies in metal, electrical, and IT sectors, employing 130,000 people. Notable chemical companies like Prefere Melamines GmbH also thrive in the region.
Industry associations have called for investment-friendly conditions to safeguard and grow this industrial base. They stress the need for skilled workers to maintain competitiveness. Recently, the employers' associations of the chemistry and metal industries have outlined a roadmap to bolster Hesse's industry. This plan includes swift approval processes, reduced bureaucracy, infrastructure upgrades, and enhanced collaboration with universities.
Industry remains a significant driver of Hesse's economy, supporting a substantial number of jobs near me and contributing significantly to its gross value added. To ensure its continued success, industry associations urge investment-friendly policies, skilled workforce development, and the implementation of a proposed roadmap focusing on streamlined processes, improved infrastructure, and stronger university-industry cooperation.
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