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Dresden: A business and economic centre, as well as residential city marked by Baroque and High-Tech!

Dresden is one of the success stories of the German reunification. The Saxon art, cultural and economic metropolis is the city in eastern Germany with the best economic prospects for the future. Dresden has also been listed as a World Heritage City by the World Heritage Centre in Paris, on behalf of UNESCO.

 

With 63% of its surface area covered by woodland and parkland, Dresden is one of the greenest cities in Europe. The Dresdner Heide, the largest wooded area in the city, stretches across in the north. In the city centre is the "Grosse Garten", an extensive park. The Elbe flows through the city like a blue-green ribbon, wide meadows and beautiful hills with vineyards on both sides, and the three Elbe Palaces crowning it all. Centuries of careful urban planning have ensured that Dresden is an long the Elbe. With an area of 328.30 square kilometres, Dresden actually ranks as the fourth largest city in Germany, after Berlin, Hamburg and Cologne.

 

But apart from its high standard of living, which is known throughout Germany, Dresden- the "Florence on the Elbe"- can also be proud of solid economic developments which have taken place in recent years. Investments worth, in the technology field, in research establishments and in machine construction, have put the city among the leading places of economic development in Germany.

 

Around 760 companies, from the in IT established branches in Dresden, among them leading lights such as Infineon and the US company AMD, the second largest producer of microchips in the world. The semiconductor industry already accounts for nearly the half of all industrial production in Dresden, at a value of 2 billion euros and an annual growth of around five per cent. A fifth of all microprocessors - the heart of each server, laptop and personal computer - sold around the world are made in Dresden. This upwards trend made Saxony, with a growth rate of 2.2%, the economic motor of Germany in 2004. Nowhere else in Germany is the economy developing as rapidly as in the cities of Saxony, above all in Dresden. And this upward surge knows no end: at the end of 2005 the German government initiated the construction of a new plant at a cost of 2.5 billion euros, where AMD will produce 300 millimetre silicon chips for 64 Tit-micropocessors.

 

In the "Valley of Innovation" new global know-how is being developed. The Foundation for German Science in Bremen has awarded Dresden the title of "City of Science" on account of its renowned Technical University, and the successful work of international research centres such as the Max-Plank-Institut and the Frauenhofer-Institut.

 

Volkswagen has built a so-called "Glass factory" - i tourists and technology enthusiasts - for the production of its luxury Phaeton car.

 

Each year Dresden attracts around 7 million tourists from around the world to see its baroque architecture and its treasures of incalculable worth, so that on average each month hotels, hostels and bed-and-breakfast establishments can expect 300,000. Dresden is historic and modern, but also sexy! Alongside the world-famous symbols of the city, such as the recently reopened Frauenkirche, and the Semper Opera House, Dresden is a centre for alternative culture and new fashions. The "Bunte Republik Neustadt", for example, with 50,000 visitors each year is the largest alternative street party in Germany.

 

The population is on the increase too. From 476,668 inhabitants in 1999, 487,421 people could call Dresden their home in 2004. To serve this growing population Dresden has now three motorways and an international airport. Dresden is the only major city in Dresden which has no public debt. The privatisation of public housing stock has enabled the city to balance its books. Funds, which in other cities must be used to repay debts and for interest payments, can be used here to benefit the people of Dresden and to advance the development of their city.

 

2006 is a special year for Dresden, because it is the year that Dresden celebrates its 800th anniversary. Just as in the inauguration of the Frauenkirche last year, the celebrations will make Dresden the centre of world attention for some days. And with that, the people of Dresden will again have reason to be proud of their city!

 

Dresden - A city with a glittering past and a beaming future.