Economic measures bear fruits

Both the economic stimulus programmes of the Federal government, and the measures of the state of Mecklenburg-Vorpommern are bearing initial fruit and have already been implemented for orders of the state's construction industry. The raising of the value thresholds in the award of public contracts and the provision of financial funding is being increasingly used by companies located in the region, as Minister for Economics, Jürgen Seidel, points out.

By August of this year, more than 300 award procedures had already been initiated and implemented.  Around 80 per cent of the awards were for construction services, and the high number of tenders in this area indicates that the projects predominantly involve larger order volumes.

The investments made mean increasing orders in skilled trades and the construction industry, which will help to combat the unemployment rate in the state.

This year, the state has a quota amounting to just under EUR 170 million for the improvement of the regional economic structure in Mecklenburg-Vorpommern. By the end of July, already more than EUR 140 million of this had been allocated for the promotion of investment in the state of Mecklenburg-Vorpommern.