SA to open German trade office
South Australia will open a trade office in Germany, establishing a permanent presence in the largest economy in Europe.
The office will be established Frankfurt, making South Australia the fourth state with a presence in Germany, joining New South Wales, Victoria and Queensland.
Germany is South Australia’s 8th largest trading partner, with two-way trade worth $622 million. There are currently 67 German companies with a physical presence in South Australia – only the US and UK have more.
Importantly, Germany is facing an energy crisis arising out Russia’s invasion of Ukraine and is aggressively pursuing the development of green Hydrogen energy as an alternative energy source.
Germany is the biggest player in Europe when it comes to green hydrogen, with strong potential for investment related to South Australia’s Hydrogen Jobs Plan.
The German office will join other South Australian trade offices in the UK, US, China, India, Japan, South Korea, Singapore, Malaysia and the United Arab Emirates.
The State Government will now begin recruitment for the office, with the aim of commencing as soon as possible.
The office will be established Frankfurt, making South Australia the fourth state with a presence in Germany, joining New South Wales, Victoria and Queensland.
Germany is South Australia’s 8th largest trading partner, with two-way trade worth $622 million. There are currently 67 German companies with a physical presence in South Australia – only the US and UK have more.
Importantly, Germany is facing an energy crisis arising out Russia’s invasion of Ukraine and is aggressively pursuing the development of green Hydrogen energy as an alternative energy source.
Germany is the biggest player in Europe when it comes to green hydrogen, with strong potential for investment related to South Australia’s Hydrogen Jobs Plan.
The German office will join other South Australian trade offices in the UK, US, China, India, Japan, South Korea, Singapore, Malaysia and the United Arab Emirates.
The State Government will now begin recruitment for the office, with the aim of commencing as soon as possible.