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Friedrich Merz: “500 billion euro have been made available for this purpose.”

Featuring: Friedrich Merz, Christian Democratic Union | Chancellor of Germany | International

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FULL KEYNOTE SPEECH: German Chancellor Merz Declares US-Led Global Order Collapsing at WEF | AQ1B

Published | Video Starts at 20:19

In the coming years you will see massive investments in state of the art power plants, power lines and heat supply. We will speed up Efforts to expand and modernize infrastructure. 500 billion euro have been made available for this purpose. At the heart of our efforts lies digital transformation. Artificial intelligence requires industrial scale. Germany has one of the world's largest pools of industrial data. (20:19–20:25)

CLAIM

Asserts that 500 billion euros have been allocated for infrastructure expansion and modernization.

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