France is gaining in attractiveness, not in competitiveness

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A group of around a hundred multinational bosses (Intel, Netflix, Siemens, Moderna, JPMorgan, ThyssenKrupp, Adecco …) returned to the Palace of Versailles on Monday, June 28, to attend the 4e edition of Choose France, the annual summit organized by Emmanuel Macron since his election. The head of state, who had to cancel the meeting of January 25 due to a resurgence of the Covid-19 pandemic, will once again praise the country’s assets and the results of his policy to attract capital, factories and jobs.

Before the summit under the Versailles golds and a speech in favor of“A more responsible and equitable economic recovery”, according to the Elysee, Mr. Macron wanted to give an example “Illustrative” tricolor successes. He had to surrender in Douai (North), Monday morning, on the Renault site, where the Chinese Envision will build a Japanese technology battery plant (Nissan). This investment of 2 billion euros should generate 1,000 jobs by 2024, and perhaps 2,500 by 2030. The plant will become part of Electricity, the brand’s electric vehicle production center. rhombus.

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Tuesday, the day after the summit, he will visit the new premises of the American bank JPMorgan, which has chosen Paris as the European platform for its market activities, located in London before Brexit. “Before 2017, France was not on the relocation map, explains in the entourage of the head of state. Many successes have been recorded since. “ The government estimates that 3,000 direct jobs have been created in finance since the Brexit referendum; a thousand could be added in 2022, strengthening the financial center of Paris, still in competition with London and Amsterdam.

Twenty projects completed since 2018

Since the first Choose France summit, in January 2018, twenty projects have been completed for 2.3 billion euros in investments and fourteen are underway for 4.2 billion, nearly half of which concerns two giant liners ordered. by the Italian-Swiss cruise line MSC to Chantiers de l’Atlantique. Only a modest initiative (9 million) was abandoned. Total gain for employment: 11,000 jobs. For the 4e edition, the 22 projects announced represent an investment volume of 3.5 billion euros, supposed to create 7,000 jobs in the years to come.

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