Lower Austria's economy: 4.2 billion euros for growth and jobs!

Lower Austria's economy: 4.2 billion euros for growth and jobs!

Lower Austria's economy receives a powerful thrust: With a planned investment volume of up to 4.2 billion euros per year for 2025 and 2026, significant economic impulses are to be set. These figures come from a short study by Eco Austria, which examined the positive effects of public investments on the region. Governor Johanna Mikl-Leitner emphasizes the need to create stable framework conditions for companies through the expansion of infrastructures and digitization in order to increase competitiveness. According to the results of the study, the production volume in Lower Austria could increase by up to 7.2 billion euros and secure about 38,000 jobs, as noe.gv.at describes.

extensive investments in infrastructure

The planned investments include the expansion of business parks and the modernization of the fiber optic infrastructure in rural areas. In the years 2025 and 2026, around 160 million euros will be invested, which also release impulses of around 260 million euros each. These measures are of great importance, especially in times of continuing economic weakness in order to stabilize and promote the domestic economy, says Mikl-Leitner. Wolfgang Ecker, President of the Chamber of Commerce, also emphasizes the role of companies as the backbone of the economy, which creates jobs through innovations and commitment and thus contribute to the future of the country, such as Oe24.at reported.

In addition, targeted support programs for small and medium -sized companies (SMEs) are provided to promote innovations and stimulate investments. Initiatives such as the “Digi4wirtschaft” program support companies in digitization and introducing new technologies. These financial incentives are crucial, not only to activate public investments, but also to promote private investments and to increase regional added value. Together with the Lower Austria Chamber of Commerce, these measures ensure that companies are optimally prepared for future challenges and that economic growth is further boosted.