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Berlin to go, english edition 1/2015

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NEWS TO GO<br />

THE CAPITAL IS BOOMING<br />

Whether it‘s the housing or labor market, investment figures of <strong>to</strong>urist numbers –<br />

<strong>Berlin</strong> is on course for growth: here are the latest figures, projects and other activities<br />

Utilizing millions<br />

in incentives<br />

At the first <strong>Berlin</strong> Economic Development<br />

Day, <strong>Berlin</strong> Sena<strong>to</strong>r for Economics,<br />

Cornelia Yzer, and the CEO of IBB,<br />

Dr. Allerkamp, presented the subsidy<br />

instruments available in <strong>Berlin</strong> <strong>to</strong> companies.<br />

These include the new program<br />

“Investitionszuschüsse 2.0” (Investment<br />

Grants 2.0), set up by the Senate Department<br />

for Economics. In the biennial<br />

budget for 2016/2017, 35 million euros<br />

were allocated <strong>to</strong> this program, which<br />

is aimed at supporting those companies<br />

whose requests <strong>to</strong> the GRW (Joint<br />

Task Program for the Improvement of<br />

Regional Economic Structures) have<br />

previously not been considered. Approximately<br />

850 million euros of European<br />

funding and approximately 900 million<br />

euros from the Joint Task Program are<br />

available for the 2014-2020 funding<br />

period. For the Joint Task Program (GRW)<br />

as well as the European Regional Development<br />

Fund (ERDF) and the European<br />

Social Fund (ESF) new approval criteria<br />

are now applied <strong>to</strong> project applications.<br />

More apartments for <strong>Berlin</strong><br />

According <strong>to</strong> the “2014 IBB Housing Market Report”, the number of people living<br />

in <strong>Berlin</strong> rose by around 160,000 between 2009 and 2013, which led <strong>to</strong> an increased<br />

demand for housing. The housing market responded accordingly: Since 2012 the<br />

numer of completed construction projects has been rising again for the first time.<br />

Overall, approximately 6600 new apartments were built in 2013, with another<br />

9000 added in 2014. The developers included state-owned housing associations<br />

as well as private developers. The municipal housing s<strong>to</strong>ck is planned <strong>to</strong> reach a<br />

<strong>to</strong>tal of 300,000 apartments by 2016.<br />

Job genera<strong>to</strong>r <strong>Berlin</strong><br />

According <strong>to</strong> the “Statistical Office for<br />

<strong>Berlin</strong>-Brandenburg”, 1,805 million people<br />

were employed in <strong>Berlin</strong> in 2014 – 1.7<br />

percent more than in 2013. This means<br />

<strong>Berlin</strong> not only showed the strongest<br />

growth rate for the third consecutive<br />

year (against a national average of<br />

0.9 percent), but the <strong>to</strong>tal number of<br />

employees reached the highest level<br />

since 2000. In just the past three years,<br />

100,000 new jobs have been created,<br />

particularly in the service sec<strong>to</strong>r.<br />

pho<strong>to</strong>s: Kara, Syda Productions - Fo<strong>to</strong>lia.com<br />

6 BERLIN TO GO

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