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Feb 25, 2020

Danish Minister of Foreign Affairs Launches Strategy for Attracting Foreign Investments

Minister of Foreign Affairs Jeppe Kofod has recently launched the national investment promotion “Strategy for Attracting Foreign Investments 2020-2023”. The new strategic initiative is centered around attracting sustainable investments to Denmark as part of the government’s goal to strengthen the green economy through investments in research and green innovation.

The strategy is anchored in Invest in Denmark under the Ministry of Foreign Affairs in Denmark. The purpose is to prioritize and focus the overall national investment promotion efforts to attract, maintain, and develop the most future-oriented and value-creating foreign investments across Denmark. In addition, the strategy has the purpose of ensuring an effective division of labour amongst Danish players working to attract foreign investments to Denmark. It is the aim that the strategy will strengthen Denmark’s ability to attract investments that do not just fall from the sky, but which require a dedicated effort.

The Minister and the Ministry aims to:

  • Increase productivity and innovation in the Danish business sector
  • Support and accelerate the green transition
  • Promote growth and development across Denmark

These ambitions will be achieved through three general strategic efforts:

Strategic effort #1: The national investment promotion effort will prioritise attracting technology and knowledge-intensive investments based on a number of focus areas where Denmark has a particularly strong basis for attracting foreign investments and where they will be of significant value to Denmark.

Strategic effort #2: The national investment promotion effort will prioritise attracting investments that contribute to developing and promoting solutions in Denmark that can strengthen the green transition nationally as well as globally. In order to support this strategic effort, Invest in Denmark will strengthen the marketing of green investment opportunities in Denmark and develop a tool to assist in the identification and prioritisation of green investment projects.

Strategic effort #3: The national investment promotion effort will prioritise attracting investments across Denmark.

Read the full strategy here.