According to a current study from the Verein Deutscher Ingenieure (VDI, or Association of German Engineers) Germany will continue to remain a leading location worldwide for technology and innovation. To do this future political decisions had to build on technological solutions, continued the study “Technology Location 2020″. Among the sectors in which German leads the VDI includes renewable energies. The study assumes that this sector will invest more than 200 billion euros in Germany by 2020.

“Germany has the potential to become a leading market for resources efficiency. In the face of rising energy and raw materials prices, good perspectives are opening up for German technologies with cross sector expertise,” said VDI President Bruno O. Braun at the presentation of the study. The report also sees a positive future for traditionally strong German sectors, such as the automotive industry and mechanical engineering. The VDI sees one of the most important tasks here is cultivating citizens when there is scepticism towards new technologies and campaigning for greater acceptance of technology.