Monday, 24 November 2014 - 23:05
Industrial investments to rise 15 pct.
The industrial sectors in the Netherlands can expect to see growth in investments of about 15 percent in 2015, official government agency Statistics Netherlands (CBS) reported Monday. Investment is expected to climb even higher for chemical product manufacturers and refineries, which are expected to see an increase of 23 percent to a total of two billion euros. It's not all good news, as results from the autumn survey of businesses suggest that clothing and leather industries can expect investments to fall. This forecast is exceedingly more positive than the forecast released in 2013 for this year. Manufacturers are significantly more optimistic about the financial climate this year than the climate of 2014, the agency reported. They expect to see at least half of the investment amount spent on replacing fixed tangible assets. The Food, Beverage and Tobacco industry expected a fall in investment this year, but may look forward to a likely 13% increase in 2015.