“We are investing now more strongly than ever before in the strength and future viability of our country” Klingbeil stated “The funds are now available, but implementation is not automatic
The IBB will be composed of representatives from industry, academia and labor and will report its proposals and assessments of investment progress semi-annually A central function of the council will be to identify obstacles hindering investment and to propose measures designed to stimulate growth
Harald Christ, a prominent business leader, will chair the advisory body Members include Ann-Kristin Achleitner, a professor at the Technical University of Munich with experience on numerous supervisory boards; Sabine Bendiek, former board member at software giant SAP; Roman Zitzelsberger, a trade union representative and former supervisory board member at Daimler; and Peter Kurz, ex-mayor of Mannheim Jens Südekum, Klingbeil’s personal economic advisor, will also serve on the council
Christ commented that the initiative represents a long-awaited step towards addressing infrastructural deficits and securing Germany’s ongoing development, stating that citizens and businesses have waited a long time for this level of investment
