The investment fund, dubbed Deutschlandfonds, will help secure strategic sectors such as defense, energy and critical raw materials. The initiative will initially be backed by at least €10b in public money, with the aim of mobilizing up to ten times as much private capital, according to the economy ministry.
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Germany readies €100b fund to invest in strategic assets
“The Germany Fund will be used to make investments in growth, innovation and competitiveness in cooperation with private German and European investors."
