International Rotarian Meeting – May 29 through June 1, 2006 // Internationales rotarisches Treffen vom 29. Mai

What makes Saxony attractivE?

Since the reunification of Germany in 1990 Saxony had the highest gross domestic product per inhabitant of all new federal states.
As a result, Saxony has had the highest economic growth of all the German federal states for several years. In the year 2004, for example, it was the only state in Germany to achieve growth in double figures (13%).
Saxony – located in the very heart of Europe – was thus the „most dynamic German Federal State of 2004“ and was voted „Western European Future Region of the Year 2004/05“.

Evidence of its Achievments are

	Development of the economy with, for example:
		new production sites of the automobile industry VW, BMW und Porsche
		new sites of highly-modern IT industry, such as Infineon and AMD
		restructuring of the traditional mechanical engineering and the textile industry into high performance branches of industry
		the latest developments in biotechnology
		considerable increases in international tourism
		a large range of services from all fields
	Creation of a modern infrastructure in telecommunications, in road and rail
	Development of cultural sites which are unique in the world
	Creation of a very comprehensive, internationally orientated college and university network
	Development of the largest German environmental research institute in Leipzig
	Remedying of the major damage caused by the flood disaster in the year 2002
	Increasing function as a centre for trading with Eastern Europe, also in the framework of the EU enlargement
	After Bavaria, Saxony is the German region with the lowest public debt.