An industry is in transformation: Over the past few decades, the electrical and electronics industry has transformed from a sector that was purely geared towards the production of goods into one offering a diverse range of highly innovative products and services. As a result of its dynamic development, it is now a key industry for many other sectors, and as such it is also an engine of growth for the Austrian industrial economy.
The electrical and electronics industry is particularly instrumental in the modernisation and advancement of many different areas of infrastructure, and due to its dual role as a “user” and “producer”, it has a unique status among the various industrial sectors:
- As a “user”, it relies on infrastructure to remain competitive, as does every economic sector. On one hand, the availability and usability of the appropriate local facilities are an absolute necessity. On the other hand, the connection to international markets via infrastructure is of the highest priority for an industry that is largely export-oriented.
- At the same time, the electrical and electronics industry is the most important producer of infrastructure in the fields of telecommunications, traffic and transport, energy, and healthcare, and it is also a leader in research and development.
For the electrical and electronics industry as a producer, the continued expansion of infrastructure ensures full order books and thus positive development in the future. The electrical and electronics industry as a user is dependent on adequate infrastructure in order to be able to fill these orders under conditions that allow it to remain competitive internationally. This is the only way to prevent the relocation of production facilities abroad and to attract new businesses to the country.
Investments in infrastructure are investments in our future.
The continued expansion of infrastructure makes Austria more attractive as a business location and improves its international competitiveness. This is essential to securing the future economic performance of the electrical and electronics industry in both of these contexts.
Together with its 28 network partners, the FEEI plays a key role in building and modernising Austria’s infrastructure. Thanks to its comprehensive understanding of and focus on the areas of activity that are key for the electrical and electronics industry, the sector has a major say in the design of Austria’s infrastructure in the following areas.