16. December 2015
Bavaria as industry location: An international comparison - Part 2
A study conducted by IW Consult GmbH on behalf of The Bavarian Industry Association (vbw) compared the quality of 45 countries in terms of what they have to offer as a location for industrial businesses. Bavaria came in an overall second place. The USA reached seventh place. The study identified six aspects that inform the investment decisions of industrial businesses: state, infrastructure, knowledge, resources, costs, market.
Bavaria in third place with regards to state governance
In the category “state” Bavaria came in third place behind New Zealand and the Netherlands. Bavaria’s strength in the governance domain is mainly attributable to the positive assessment of economic freedom and the freedom to conduct business in the state. The USA ranked in place 12 in this particular category.