2023-05-15 02:00:09
The sixth edition of “Choose France”, the high mass of foreign investment in the territory will have been an unprecedented vintage since its creation in 2018.
Gathered on Monday May 15 in Versailles around the President of the Republic, Emmanuel Macron, the summit of foreign investors and its more than 200 bosses was the scene of numerous announcements, in particular twenty-eight establishments or extensions of sites for a total of 13 billion euros this year, more than in 2022 (10.6 billion) and than in 2021 (3.6 billion). The investment should translate into 8,000 direct job creations, particularly in medium-sized towns. It confirms the latest barometer from the EY firm, published on May 12: France remains the most attractive country in Europe by the number of projects – if not jobs created – and for research and development (R&D).
The Head of State has already redesigned his industrial policy, Thursday May 11 at the Elysée Palace and Friday 12 in Dunkirk (North), setting up reindustrialization as a “mother of battles”. Emmanuel Macron will therefore not deliver a speech at Versailles. In an interview published Monday by L’Opinionhe explains this attractiveness “because we have made clear, bold reforms and above all that we are sticking to them, and that despite the crisis of the “yellow vests”, despite the war, despite inflation, despite the protests, there is total consistency in policies macroeconomics ». In particular the reduction in corporate taxation, which is within the European average.
As he has done in previous years, Mr. Macron will meet face to face with the bosses of five foreign groups: the Americans Pfizer and Disney, the Danish Novo Nordisk, the Belgian Solvay and the Thai CP Group, a conglomerate giant present in the food industry and mass distribution. He will have to reassure them, because foreign leaders are less numerous than in previous years to judge with optimism the prospects for investment over a three-year horizon, according to the EY barometer.
For the time being, investments are following the “greening” of the economy. The Elysée emphasizes that a number of projects are “emblematic of green reindustrialisation”. They allow France to “to position itself at the heart of the value chains for the production of equipment in the renewable and low-carbon energy sectors, as well as electric vehicles”. Because the two flagship projects, planned for Dunkirk, concern electric vehicles.
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