Manufacturing industry anticipates 7 percent investment boost
- Projected investment growth 7 percent in 2013
- Substantial growth investments in food, drinks and tobacco
- Investments in 2012 4 percent down from 2011
According to the investment survey conducted by Statistics Netherlands, manufacturers anticipate a 7 percent growth of investments in 2013 versus a 1 percent growth six months ago.
Manufacturers of food, drinks and tobacco products are most optimistic; they expect investment spending to grow by 21 percent. Manufacturers in the metal and electronics industry are also positive; they anticipate a 3 percent growth of investments in 2013. Refineries and the chemical industry hope to retain last year’s level of investments. Projected investments in these branches are the highest within the sector manufacturing industry.
Annual investment spending in manufacturing industry exceeded 7.0 billion euros in 2012, i.e. 4 percent down from 2011. In the metal and electronics industry, investment spending dropped back to over 2.1 billion euros. With more than 2.6 billion euros, refineries and the chemical industry invested most in 2012.