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State Development Corporation of Thuringia (LEG Thüringen)

Dept. Investment, International Business and Cluster Promotion

Mainzerhofstraße 12
99084 Erfurt
Phone: +49 (0) 361 5603-450
Fax: +49 (0) 361 5603-328
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Steady dialog strengthens business promotion in Thuringia

LEG has been extremely successful in attracting investors to Thuringia. Over the past 25 years, the State Development Corporation has helped more than 1,000 businesses establish themselves in the state. These new businesses have created almost 60,000 jobs and entailed investments totaling some 10.5 billion euros. The Association of Municipal Business Development Agencies (AGKW) initiated and coordinated by LEG has been a key success factor. AGKW has just celebrated its 25th anniversary.

In the words of Arnulf Wulff , Senior Vice President of LEG, at this year’s annual AGKW convention in November, “The Association of Municipal Business Development Agencies has become the most important venue for cooperation between business promotion agencies at state and local level. The Association brings all major players together – namely officials from Thuringia’s Ministry for Economic Affairs and LEG, the county- and city-level business development agencies as well as experts from business and science. The resulting continuous exchange of information and experiences has been a powerful stimulus for business development in the state.”

At the annual convention that has been attended by all Thuringian Ministers for Economic Affairs over the decades, current issues including investment promotion policies, incentives, site development, recruitment of skilled personnel and internationalization are discussed by numerous attendees. Prominent economists regularly provide impulses for the day-to-day work. Best-practice examples showcase exemplary projects. Within the AGKW, LEG also regularly organizes workshops to examine current trends. LEG’s latest success story gives business promotion offi cials additional boost: CATL, a Chinese battery cell manufacturer is going to set up a facility south of Erfurt. This is one of the most important investment decisions in Germany in recent years. One thing is certain: Thuringia is an attractive location for companies from all around the world – and AGKW will continue to make its contribution. (hw)

Headquarters of the company CATL in Ningde, China, having announced a major investment in Thuringia in July 2018. Photo: CATL

Headquarters of the company CATL in Ningde, China, having announced a major investment in Thuringia in July 2018. Photo: CATL