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Austria to become leading country in environmental technology in Europe
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08:46, June 19, 2008

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Austrian Environment Minister Josef Proell and President of Austrian Federal Economy Chamber Christoph Leitl said here on Wednesday Austria should be developed as the European champion in the field of environmental technology.

At a joint press conference both Proell and Leitl emphasized that the "ecological target and the economic development are not contradictory."

Proell said the energy and environmental technology in Austria is so far one of the fastest growing sectors, which possessed a worldwide demand. The annually growth rate of this sector has reached 7.7 percent and exporting grows about 9 percent each year.

Leitl mentioned Austria's middle-term goal in this field for the year 2020, when the proportion of those technologies in the GDP could have a rise from 4 percent to 8 percent and employees inthose fields could also increase from the current 17,200 to 40,000.

The sales sum of this branch could rise from current 3.8 billion euros to 8 billion euros in the year 2020, said Leitl.

Leitl regarded the environmental technology as the leading industry in the 21 century and emphasized that it is also a chance for Austria, who has already stood in the front-line in this field in Europe.

Nowadays, the world market for environmental technology involves about 1,000 billion euros and this sum would be doubled to about 2,200 billion euros by the year 2020.

Source:Xinhua



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