Intense negotiations around the France 2030 investment plan

The Bercy administration has never really liked large public investment plans piloted by others than itself. This summer, during the genesis of the plan wanted by Emmanuel Macron and baptized since “France 2030”, the Minister of the Economy, Bruno Le Maire, had pleaded to increase the control of his ministry on the subject, suggesting in passing to repatriate all the management of investment projects at Bercy, including those inherited from the Sarkozy five-year term and managed by Matignon – the famous investment programs for the future (PIA). He had gone so far as to propose a candidate to lead the entire system within his house.

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It is therefore with great attention that the former Republicans (LR) party is monitoring the work of the France 2030 plan, the last major measure of economic policy of the presidency of Emmanuel Macron, whose governance is currently the subject of ‘intense negotiations between ministries, around a few recurring questions: who should lead the project? And with what guidelines?

During his greetings to the press, Friday January 7, Mr. Le Maire was extremely reserved on the proposals made at this stage. He says he fears that the process will lead to an administrative structure that is too technocratic, not suited to the challenges. “We’re not there yet, he explains. I want to take the necessary time so that we have a governance of the XXIe century. As soon as it is up to the task, I will make my proposals to the Prime Minister and the President of the Republic. “

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However, his entourage assures him: even if he is not convinced by the functioning of the current structures devoted to public investment, the Minister does not have the ambition to steer the France 2030 plan, which will remain Matignon. Rather, his wish would be that he be totally independent of politics … “He was in the United States, he saw the Darpa [l’Agence américaine en charge des projets de recherche avancés de défense], he wants us to do better than what has been proposed ”, notes one of his relatives.

Presented by the Head of State on October 12, 2021 in front of an audience of students, investors, start-ups and industrialists, the France 2030 plan aims to project the French economy towards the end of the decade. , and to strengthen the industrial sovereignty of the country, by focusing on a few sectors of the future such as semiconductors, hydrogen, batteries and nuclear power. Objective: to bring out “The champions of tomorrow”, summed up Emmanuel Macron in July. A strong political object designed to span the five-year term, this 34 billion euro plan is also a response to the French industrial decline, pointed out by many opposition candidates and has become a subject of campaign.

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