https://www.engineeringnews.co.za

France remains top FDI destination in Europe

10th June 2021

By: Schalk Burger

Creamer Media Senior Deputy Editor

     

Font size: - +

The Embassy of France in South Africa on June 9 said auditing firm EY's 2021 France Attractiveness Barometer had confirmed France's position as the top European country for foreign direct investment (FDI).

Despite the health uncertainty weighing on the global economy, France announced 985 new investment projects in 2020, pushing it ahead of the UK and Germany.

France was also the leading European country for industrial settlements, garnering 35% of the projects on a European scale. It has further benefitted from the most from job creation owing to foreign investment, with 30 500 jobs created in 2020.

“Attractiveness has concrete benefits: foreign businesses choosing France play a major role in job creation throughout our territories. It is an essential asset for recovery,” said French Foreign Trade and Economic Attractiveness Minister Franck Riester.

“France’s continued leadership demonstrates the effectiveness of the massive support measures deployed to address the economic consequences of the Covid-19 crisis.

"An emergency plan was implemented to support for economy’s fundamentals, jobs and, therefore, skills and expertise, with a clear result: foreign investors remain confident in France.”

Before the Covid-19 pandemic hit Europe, France had also managed to become the European destination for foreign investment in 2019, the Embassy said.

Edited by Chanel de Bruyn
Creamer Media Online Managing Editor

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Showroom

Multotec
Multotec

Multotec, recognised industry leaders in metallurgy and process engineering help mining houses across the world process minerals more efficiently,...

VISIT SHOWROOM 
Monitor Distributors
Monitor Distributors

We at Hawk High Pressure Pumps specialise in industrial pumps and pumping systems. Our high pressure washing equipment is locally manufactured and...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







301

sq:0.052 1.265s - 122pq - 2rq
Subscribe Now