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"What attracts German companies to the Southern Mediterranean?". Dr. Rainer Herret. Volume of German-Arab trade tripled during the recent 10 years from14,5 € bn. to 42 € bn. Exports 2008: + 20% Imports 2008 + 32%
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"What attracts German companies to the Southern Mediterranean?" Dr. Rainer Herret
Volume of German-Arab trade tripled during the recent 10 years from14,5 € bn. to 42 € bn. • Exports 2008: + 20% Imports 2008 + 32% • within the term 2010 – 2015 MENA will show significant growth compared to other regions • Deregulation of markets – ambitious reforms • High Affinity towards Europe – increasing competition from Asia Some Facts about MENA
DESERTEC – Solarplan For the Med “Within 6 hours the desert receives more energy from the sun than mankind consumes within 1 year”
German Exports (mio €) +91.4%
Vast potential for growth • Infrastructure Development • HR Development • Regional hub for IT Services • “Green” Technologies – Energy Efficiency • Excellent bilateral relations Egypt
Established partnership in • Energy/ Power generation sector (Up-, Mid- und Downstream) • plant engineering AlgeriA • Infrastructur (construction, transport, logistics), water treatment • maschinery, chemicals/pharmaceutical position less competitive • Vast market opportunities not yet utilized • Self financed economical development program (150 Mio US-$) • Wichtigste Absatzmärkte: • Infrastructur • Water Treatment
Robust finances • Construction boom • Extending oil & gas • Difficult business environment • Lokal partner mandatory • Political riscs ? LibyA
Good opportunities: • automotive sector • Renewable energy • Energy efficiency • Food • Textiles • Chemcals, Construction • Tourismu • Transport equipment und Telekom Morocco
TunIsiA • Well developed established partner with dependable investment friendly incentives. 265 German FDIs (automotive, textile, electronics) • Need for know how transfer in water treatment • Energy efficiency • Security equipment • Healthcare equipment • Renewable energy