BERLIN, June 21 (Reuters) - Germany will promote specific projects in strategic industries after agreeing subsidies worth nearly 10 billion euros with Intel this week as the U.S. chipmaker said it would invest $33 billion in Germany, a minister said on Wednesday.
"There will be no funding for everyone, but only for selected projects," said Economy Minister Robert Habeck of the Greens party which shares power with Scholz's Social Democrats and the FDP Free Democrats.
"They will be everywhere in future," he said at an event in Berlin, adding that the Intel subsidies were therefore an investment in economic security.
Other sectors being closely watched by the government included medicine, telecommunications, energy, logistics and transport, food and security services, he said.
The economy ministry said earlier that the European Commission has yet to approve Berlin's subsidy plans for Intel.
Persons:
chipmaker, Chancellor Olaf Scholz, Robert Habeck, Habeck, Christian Kraemer, Madeline Chambers, Kirsten Donovan
Organizations:
Intel, Greens, Scholz's Social Democrats, FDP Free Democrats, European Commission, Thomson
Locations:
BERLIN, Germany, Magdeburg, Berlin