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DI plan secures companies 35,000 extra heads

The Confederation of Danish Industry is presenting a comprehensive package with 50 concrete proposals for the political autumn. The proposals will raise Denmark’s wealth by DKK 29 billion and provide 35,000 extra heads for jobs in private companies. This will help avoid overheating of the Danish economy.
CEO at the Confederation of Danish Industry, Karsten Dybvad, says a plan to ensure that the Danish economy can continue at high speed without overheating is absolutely vital.

Publiceret: 30.08.2017
Af Felix Bekkersgaard Stark mail

“The future starts this autumn,” announces the alluring headline of the Confederation of Danish Industry’s proposal for a comprehensive package with growth initiatives, which has been presented as an input to this autumn’s political negotiations.

The package contains 50 concrete proposals, which together will increase Denmark’s wealth by DKK 29 billion.  In addition, the proposals will raise employment by approximately 35,000 people by 2020.

“We need a good plan that ensures that the Danish economy can continue at high speed without overheating. That is why it is crucial that we do not simply support growth - but that we also ensure that we have the heads and hands to realise it. Neither our companies nor the Danish economy benefit from new orders that we do not have the employees to fulfil,” says CEO Karsten Dybvad, DI.

See also: Denmark in line for more private sector jobs

5 overarching sections

DI’s package is divided into five main sections with each their respective proposals for improvement. The five sections are:

1. Corporate tax package
2. Lower income taxes
3. Strengthened labour market and fewer on public welfare
4. Investments in research, education and infrastructure
5. Digital growth strategy

“The package is fully financed, and we have been particularly focused on ensuring that it will help avoid overheating of the Danish economy. We can avoid this by increasing the supply of labour and tightening the financial policy slightly more than planned. In this way, we can create a solid foundation for growth in Denmark,” says Karsten Dybvad.

Minister for Industry, Business and Financial Affairs Brian Mikkelsen (Conservative People’s Party) welcomes the proposal:

“I find it positive that the Confederation of Danish Industry is presenting concrete proposals for initiatives to help ensure future growth, so that Denmark can continue to be one of the most prosperous countries. The government agree with DI’s assessment in many areas in relation to Denmark’s challenges and opportunities and the Danish economy,” he says.

The government will soon present its own business and entrepreneurship proposal.

“We have already announced, for example, that the government wishes to extend the research tax scheme from the current five years to seven years. This will help Danish companies get the labour they require. DI and the business community have requested an expansion of the scheme – which is even cost neutral – and then government always listens,” he says and continues:

“The government also agrees that we must resolve problems with the pension system. Finally, I have a positive view on DI’s proposal to establish a ‘Digital Hub DK’, so Denmark can attract and retain the best digital talents and make Denmark a digital pioneer.”

See also: DI’s entire growth package (in Danish)

The government agree with DI’s assessment in many areas in relation to Denmark’s challenges and opportunities and the Danish economy.
MINISTER FOR INDUSTRY, BUSINESS AND FINANCIAL AFFAIRS BRIAN MIKKELSEN
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PUBLISHED: 8/30/2017 LAST MODIFIED: 9/13/2017