German Special Fund for Infrastructure and Climate Neutrality

Opportunities for non-EU Companies

Executive Summary

Germany has launched a historic infrastructure investment program through the EUR 500 billion Special Fund for Infrastructure and Climate Neutrality, marking a structural shift in fiscal policy and infrastructure spending. The fund, which is exempt from Germany’s constitutional debt brake, provides long-term funding certainty and underpins a multiyear pipeline of large-scale projects across transport, energy, healthcare, digital, housing and social infrastructure.

In the near term, the Federal Government plans infrastructure investments of approximately EUR 115 billion in 2025 and EUR 120 billion in 2026, with a growing share financed through the Special Fund. Procurement activity is therefore already accelerating, with Europewide tenders expected across multiple sectors.

Participation in these projects is governed by German and EU public procurement law, which imposes strict procedural and compliance requirements but offers robust legal protections to bidders. While non-EU companies do not benefit from guaranteed market access under international procurement agreements, effective access is achievable through EU-based subsidiaries, acquisitions, consortia or subcontracting structures.

For non-EU companies sponsors, contractors and suppliers, the opportunity is substantial, but preparation is critical. Competitive positioning depends not only on price and technical capacity, but also on local presence, compliance with ESG and supply-chain rules, German references, certifications and early engagement with public authorities.

Companies that invest early in market entry structures, partnerships and compliance frameworks are best positioned to benefit from Germany’s infrastructure investment cycle through 2034 and beyond.

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