Invest in France

Foreign companies back France more strongly than ever

Rejula ARUN - 08-avr.-2018 13:24:53

• 300 companies from Middle Eastern countries recorded in 2017 employing + 24,000 people United Arab Emirates, April 8, 2018 . “The 2017 Annual Report: Foreign investment in France – The international development of the French economy” just released, provides confirmation of the renewed confidence global foreign investors have in France as a business location. The figures were revealed at a press conference held at the headquarters of Cisco in Paris region, by Bruno Le Maire, French Minister for the Economy and Finance, and Christophe Lecourtier, CEO of Business France. A total of 1,298 investment decisions in 2017 (up 16% year-on-year) created or maintained 33,489 jobs (compared with 1,117 decisions and 30,108 jobs in 2016). More than 400 new companies decided to expand their business by investing in France, making up 32% of all investment projects recorded. Investment decisions from the Middle East came mainly from Egypt (37%) and the UAE (37%) which is the first country form the GCC. DP World subsidiary P&O Ports announced a €30 million investment in partnership with the commercial port of Sete, in southern for the creation of a container terminal, generating 30 jobs. Other plans currently being considered for the port of Sète include running a fruit terminal and expanding the marina in partnership with a leading name in the sector. “The growing numbers of investment decisions in France, and the jobs they generate, highlight the renewed confidence that decision-makers now have in a country on the move. France’s business image is improving markedly: according to a survey conducted by Kantar Public on behalf of Business France, 84% of foreign investors now consider the French economy to be attractive, up 10 percentage points from 2016,” stated Christophe Lecourtier, CEO of Business France. 2017 recorded around 300 companies from Middle Eastern countries operating in France, where they employ more than 24,000 people, including 49 companies listed in the Global Forbes 2000. Middle Eastern Investments were made in a total of seven sectors including agri-food, logistics, hospitality while they were mostly located in Lyon, Provence and Paris region. “Innovation and manufacturing stand out in these results, in addition to France’s established structural advantages. In recent months, a new image of the country has emerged, attracting foreign investors here to pursue their projects in Europe. Everyone at Business France works day in day out to convince these investors that France is an attractive destination,” added Lecourtier. Note to Editors: Business France is the national agency supporting the international development of the French economy, responsible for fostering export growth by French businesses, as well as promoting and facilitating international investment in France. It promotes France’s companies, business image and nationwide attractiveness as an investment location, and also runs the VIE international internship program. Business France has 1,500 personnel, both in France and in 64 countries throughout the world, who work with a network of public- and private-sector partners. For further information, please visit: www.businessfrance.fr Middle East investments in Europe: In 2017, Spain was the largest European recipient of job-creating investment from Middle East countries, attracting 21% of their projects in Europe, followed by the United Kingdom (18%), France (11%). Germany, the Netherlands and Portugal (all 11%). Social Media: Account Most common used hashtags Twitter : @BF_MiddleEast #ChooseFrance #SayOuiToFrance #FranceAttractiveness #FrenchTech #InfoBF #CreativeFrance #FrenchPavilion   For more info, feel free to contact Business France: Miryem Oukas Messidi Head of Communications – Middle East Mobile: +971 (0)55 478 32 15 Mail : miryem.oukasmessidi@businessfrance.fr


“Choose France!” summit focusing on France’s attractiveness to business, Versailles,

Rejula ARUN - 24-janv.-2018 09:00:14

The President of France will be attending the “Choose France!” summit at the Palace of Versailles on Monday January 22, where distinguished guests will include nearly 140 business leaders representing some the world’s biggest businesses in a wide variety of sectors, from the automotive industry to new technologies, agri-food, financial services and healthcare. The “Choose France!” summit is another key stage in the promotion of France’s attractiveness as a business location after several months of far-reaching economic reforms by the French government. The aim of the event is to highlight how France stands up as an attractive business destination, underpinned by the announcement of various investment projects in France and the presence of 140 business leaders, many of whom are on their way to the World Economic Forum in Davos (Switzerland), who will discuss their ambitions in France with the President, Prime Minister and 16 ministers. Five multinational firms will use the summit to announce major investment projects in France. Each of these will serve as a symbolic illustration – due to either their size, the sums being invested, growth or jobs being generated, or their excellence and significance for sectors of the future. A handful of smaller projects will also be announced during the event. As part of a day largely given over to France’s attractiveness to business, the President of France will also pay an early afternoon visit to Toyota’s industrial plant near Valenciennes (north-eastern France), where the Toyota Yaris is made (3.5 million units produced since opening in 2001) and 3,800 people are employed at a site driving employment in the local area. It is also the 25th largest factory in France, turning out 30% of Toyota’s total output in Europe. Following his visit to Valenciennes, the President will travel straight to the Palace of Versailles, where he is scheduled to arrive around 6pm. He will take part in several bilateral meetings, including with Sheryl Sandberg, Chief Operating Officer of Facebook, Sundar Pichai, CEO of Google Inc., Vasant Narasimhan, CEO of Novartis, Bill McDermott, CEO of SAP and John Chambers, formerly Executive Chairman of Cisco. The bilateral meetings will be followed by a dinner, preceded by an introductory speech from the President and a question-answer session with the invited business leaders.   1. “Choose France!” summit agenda and participants 140 business leaders from nearly 30 countries are taking part in the “Choose France!” summit, including: Sundar Pichai (Google), Sheryl Sandberg (Facebook), Dominic Barton (McKinsey), Stuart Gulliver (HSBC), Jesper Brodin (Ikea), Bill McDermott (SAP), Lloyd Blankfein (Goldman Sachs), David Abney (UPS), Guido Barilla (Barilla), Jason Chen (Acer), Alexandre Dayon (Salesforce), Warren East (Rolls Royce Plc), Michael Evans (Alibaba), Jeffrey Harmening (General Mills), Lars Fruergaard Joergensen (Novo Nordisk), Joe Kaeser (Siemens), Martin Lundsdedt (Volvo Group), Antonio Neri (Hewlett Packard), Shunichi Miyanaga (Mitsubishi), James Quincey (Coca Cola Company), Young Sohn (Samsung Electronics), Richard Liu (JD.com) and Jonas Prising (Manpower Group). Various French business leaders will also be in attendance, including Thomas Buberl (Axa), Jean- Laurent Bonnafe (BNP Paribas), Ross McInnes (Safran) and Emmanuel Faber (Danone). There are four parts to the schedule for the afternoon at the Palace of Versailles: • 1.00pm-2.30pm: Arrival of business leaders for lunch with the French Prime Minister • 2.30pm-6.00pm: Bilateral meetings and topic-based workshop sessions held in parallel: o Tony Estanguet - “Paris 2024: sharing optimism!” o Bruno Le Maire - “Economic reform in France” o Cédric Villani - “Artificial intelligence” o Mounir Mahjoubi - “Digitalization of the French economy” o Muriel Penicaud: “Social transformation in France” o John Chambers: “Innovation and start up ecosystem” • 6.00pm: Arrival of the President of France and bilateral meetings • 8.00pm: Dinner, preceded by an introductory speech from the President of France KEY FIGURES FOR THE “CHOOSE FRANCE!” SUMMIT: • More than 30 countries represented (approx. 50% from Europe, 25% from the United States, 25% from Africa, the Middle East and Asia). • A dozen job-creating investment projects. • The President and Prime Minister of France joined by 16 ministers: Jean-Yves Le Drian (Europe and Foreign Affairs), Bruno Le Maire (Economy and Finance), Muriel Penicaud (Labour), Agnès Buzyn (Solidarity and Health), Gérald Darmanin (Government Action and Public Accounts), Florence Parly (Armed Forces), Nicole Belloubet (Justice), Françoise Nyssen (Culture), Stéphane Travert (Agriculture and Food), Elisabeth Borne (Transport), Laura Flessel (Sport), Mounir Mahjoubi (Digital Affairs), Brune Poirson (Ecological and Inclusive Transition), Delphine Geny-Stephann (Economy and Finance), Nathalie Loiseau (European Affairs) and Benjamin Griveaux (Government Spokesperson). • Around 300 bilateral meetings scheduled during the afternoon at the Palace of Versailles, between business leaders and: o Members of government. o Institutional participants (French telecoms regulator ARCEP, France’s public investment bank Bpifrance, French state investment fund Caisse des Dépôts et Consignations, Ministry for Europe and Foreign Affairs, French government Treasury Directorate DG Trésor, etc.). o Meetings are also scheduled between French and foreign business leaders.   2. Investment projects in France announced at the “Choose France!” summit The investments announced or confirmed by businesses at the “Choose France!” summit amount to a total of nearly €3.5 billion in investment and nearly 2,200 jobs to be created over five years. 2.1. Five major project announcements Toyota announced a €300 million investment at its French site in Valenciennes (Onnaing, Hauts de France region, north-eastern France) The investment is due to lead to: • 700 new permanent jobs and 100 temporary positions by 2020 (the site currently employs 3,800 people, rising ultimately to more than 4,600 people). • Greater capacity at the site to make 300,000 vehicles a year (up from 240,000 at present). • Production of the fourth generation of the Yaris in 2020 and a new model in 2021. Various components currently sourced in Japan will now be sourced in France. SAP confirmed its commitment to innovation in France, investing an estimated €2 billion or more over the next five years SAP’s investment plans include: • Opening a second European incubator in France to support the growth of more than 50 startups through access to SAP’s technology ecosystem. • Investing in French startup seed capital, particularly in startups tackling climate change and working towards sustainable development, where France is currently leading the way. • Spending €150 million a year on R&D over the next five years. • Acquiring a French startup in the deep learning/machine learning field. Facebook announced more investment and a greater presence in France through: • An extra €10 million investment and a doubling in size of its Facebook AI Research (FAIR) teams to fast-track artificial intelligence in France by 2022. o The Facebook AI Research laboratory will employ a further 60 researchers and engineers along with 40 PhD students by 2022. o A boost for French AI research by funding 10 cutting-edge servers for use by research institutes, and through a fund to collect open data. o Funding for bursaries and PhDs in several universities. • A digital skills training initiative for 65,000 people in France by the end of 2019 o Targeting 50,000 people, currently excluded from the workplace, by the end of 2019 in partnership with France’s National Employment Office (Pôle Emploi). o 15,000 women in France will receive support in 2018 with their entrepreneurship plans, in partnership with Social Builder as part of the #SheMeansBusiness initiative.   Google announced a major investment plan with three components: • Four new Google Hubs, each in a different region of France, focusing on free training in online skills and digital literacy, in partnership with local specialists on the ground. • A new AI basic research hub in France, with a team of researchers, in partnership with the French academic community, working on automatic learning, natural-language processing, and the application of IT in the healthcare, science, art and environment sectors. • A 50% increase in personnel at Google’s Paris headquarters (previously announced in September 2017). Novartis confirmed its ambitions to expand in the French biotech sector, announcing: • The completion of its acquisition of Advanced Accelerator Applications, a French biotech firm specializing in molecular nuclear medicine. • Confirmed funding for investments of €900 million over three years in France in clinical research and trials, and at Novartis’ new headquarters in the Paris suburb of Rueil Malmaison, along with the expansion of its industrial plant in the Basel suburb of Huningue (Grand Est region). 2.2. Other project announcements providing further examples of long-term follow-up investments Manpower: A job-creation project in disadvantaged city areas (1,000 permanent and temporary jobs), combined with training focusing on skills in high demand in the local job market. General Mills: A €17 million expansion of a new ice cream production line at its site in Arras (Hauts de France region) in northern France, creating around fifty jobs. East Balt: A €37 million investment in Plessy-Pâté (Ile de France / Paris region), where its third largest sesame bun production plant for Burger King is based, in a move due to create 65 new jobs. Fresh Del Monte: A new €9 million fresh fruit processing factory (10,000 sq. m.) near Amiens (Hauts de France region) in northern France. Airties: A new innovation center in Paris, initially employing 15 engineers, along with an R&D center in Rennes, in a project due to create 120 jobs over three years in Paris and Bretagne (Brittany). SPC: A €20 million greenfield investment in Saint James (Normandie region) to create a frozen pastry factory for this South Korean company, creating 45 jobs initially, with significant further potential. 2.3. Additional government announcements John Chambers has been appointed as an international French Tech ambassador, in an unpaid role to promote France as a business destination to foreign investment funds, leading digital firms and startups. Further to recent announcements concerning Paris as a financial center, the Prime Minister announced three new measures:   • The introduction on March 1, 2018 of international commercial divisions within the Paris Commercial Court and Paris Court of Appeal, which will now be available to hear cases involving contracts entered into in English, with translation provision for proceedings, hearings and judgements. • Greater provision of international classes in primary and secondary school in Ile de France (Paris region), with an aim of ensuring 1,000 places in the region for the beginning of the 2018-19 school year. • Temporary dispensation for expatriates from enrolling in old-age insurance.


2017 France Attractiveness Scoreboard

YASMINA OUARI - 13-déc.-2017 09:05:50

United Arab Emirates, December 13, 2017 – Business France and Les États de la France are proud to present the “France Attractiveness Scoreboard”, along with an Ipsos/États de la France survey, during the 12th meeting of the États de la France, an annual forum for foreign business leaders in France. The France Attractiveness Scoreboard – published for the eighth year in a row in conjunction with the French Treasury Directorate (DG Trésor) at the Ministry for the Economy and Finance, and the French Commission for Regional Equality (CGET) – will be unveiled by Mr. Christophe Lecourtier, CEO of Business France. The Ipsos/États de la France survey will be commented upon by Mr. Pascal Cagni, France’s Ambassador for International Investment, and Mr. Brice Teinturier, Executive Director at Ipsos. The Scoreboard brings together a wide array of economic data, compiled as indicators into the attractiveness of different nations as investment locations, and uses them to compare France’s performances with 13 other countries. The Ipsos survey analyzes the perceptions of investment attractiveness held by 200 leaders of foreign businesses operating in France. “This is the first time that international investors have painted a positive, encouraging image of France. Upbeat views on the ground about France’s attractiveness to business have shot up 24% from 2016 and are now shared by 60% of respondents,” said Brice Teinturier. France’s structural advantages include a large domestic market and central location, a well qualified workforce, the world’s seventh highest hourly labor productivity, along with leading airports and the second highest broadband penetration rate among the countries examined by the Scoreboard. France remains as open as ever to inward investment as Europe’s third leading recipient of job-creating foreign investment (EY 2016; second leading recipient according to Business France Europe Observatory figures). There was also a 14% increase in foreign researchers coming to work in France in 2015. Analysis of economic indicators highlights a number of the French economy’s key strengths, including: - Innovation capacity: France’s cost competitiveness as a location for R&D operations has remained high since 2008. France’s research tax credit has ensured that it offers more generous R&D tax treatment than any other country (ranked first among the sample countries compared by the Scoreboard). Human resources in science and technology (HRST) accounted for 50.5% of the active population in 2016. The Deloitte Technology Fast 500 EMEA rankings saw France outstrip all its European counterparts, while the Clarivate Analytics Top 100 Global Innovators also ranked France first in Europe and the third most innovative country in the world. - A growing, thriving enterprise culture: The total number of active enterprises in France grew by 2.3% in 2015, through a net increase of 77,438 businesses, compared with an increase of only 1.7% across the EU-28. This wave of new and expanding businesses is being fostered by a favorable administrative and financial environment, especially for startups. France is also making life simpler for entrepreneurs: only 3.5 days were required in 2016 to found a company in France, compared with 4.5 in the United Kingdom and 10.5 in Germany. Moreover, record levels of venture capital (€1.216 billion) were invested in France during the first half of 2017, the second highest sum in Europe. - An industrial economy appreciated by international investors: France is Europe’s leading recipient of foreign investment in industry (EY, BF 2016), and has seen a clear increase in hourly labor productivity in the manufacturing sector, up 2.8% in 2016, compared with a rise of only 0.5% across the EU-28. Conversely, labor costs and taxation in France are the main areas that continue to be flagged for attention in international rankings. “The French government is busy getting to grips with these issues. The recent overhaul of employment laws has already taken effect for businesses and employees alike. Labor costs are due to be examined closely from January 2018 by the government and the French Industry Council (CNI) to find ways to lower payroll costs for highly qualified and highly paid jobs. Measures underway to reduce taxes include the abolition of the ‘wealth tax’ (ISF) and the introduction of a flat tax on capital gains. The corporate tax rate is due to fall in stages from 34.4% to 25% in 2022, and this should also make France a more attractive place to do business”, said Christophe Lecourtier. “The reforms the French government has been leading over the last six months to improve France’s attractiveness as an investment location are reflected in the views of foreign business leaders polled by Ipsos; the number of respondents agreeing that reforms are ‘heading in the right direction’ is up 39% in 2017 from last year. This is excellent news, proving that by pursuing these structural reforms France is generating a positive image for itself across the world. Other initiatives – such as the recently announced industrial strategy to underpin innovation in the sector, along with the new French Fab accreditation to promote French manufacturing – are additional attractions for foreign investors in this area,” said Pascal Cagni. Business France is the national agency supporting the international development of the French economy, responsible for fostering export growth by French businesses, as well as promoting and facilitating international investment in France. It promotes France’s companies, business image and nationwide attractiveness as an investment location, and also runs the VIE international internship program. Business France has 1,500 personnel, both in France and in 70 countries throughout the world, who work with a network of public- and private-sector partners.


BUSINESS FRANCE promotes Near East & Middle East as Ideal Investment and Expansion Markets for French Companies

YASMINA OUARI - 04-déc.-2017 11:49:43

Dubai, UAE – December 4th 2017: Business France, the national agency supporting the international development of the French economy led a forum on November 15th in Paris, France, promoting highly successful and lucrative business opportunities into the Near and Middle East. Over 100 economic experts and French company leaders gathered and took part in the panel discussions and workshops, France enjoys a strategic positioning in the Near and Middle East with over 37,000 businesses exporting into the region from the overall 125,000. The average annual growth in consumers in these markets range from 2.2% to 2.8%. As an organization that fosters export growth by French businesses, as well as promoting and facilitating international investment in France, Business France has been supporting countless French companies to set up in the region. The forum shed light on Business France’s achievements and contribution in creating awareness on the potential for investing into the region, the opportunities and success factors. The panels discussion ranged from the below topics.   • Exploring this region and understanding specific markets • How to implement and establish a company in these markets • Opportunities generated by these markets despite low oil prices • The challenges of the healthcare sector • New technologies as key elements of the development strategy • The issues and trends of agribusiness • How to finance projects in the region Marc Cagnard, Managing Director of Business France Middle East said in an interview, “There are a variety of large scale business opportunities for French companies in the Near and Middle East, ranging from mega projects like the Smart City in Saudi Arabia to the preparations of the Expo 2020 in Dubai, football cup 2022... The region also presents opportunities for entrepreneurs and is a flourishing environment for startups, this the reason why we wanted to launch a French Tech Hub in the Middle East. As Business France, we are dedicated to supporting French companies looking to establish in the region by providing them the expertise and guidance on how to set up quickly and effectively. Our support will also extend in advisory for the continued success of these companies post establishment.” Companies which have benefited from the support of Business France were also present and shared their experiences and remarked on their successes in the region.  Franck Lesueur, CEO of Enekio, a French SME commented, “There are incredible challenges and opportunities because of the drop in oil prices. The 2030 visions of the Gulf countries lead us to rethink our production sources and energy consumption habits. Enekio designs and develops innovative energy efficiency solutions that are fully integrated in these visions, notably for Expo 2020 in the United Arab Emirates and for the Neom project in the Kingdom of Saudi Arabia. Enekio is co-founder of French Efficiency – Clean Energy club and member of the French Eco-Companies Club (Club Ademe International) and will be present to the World Future Energy Summit in Abu Dhabi in January 2018 on the French Pavilion.” The other highlights of the forum included a session on the opportunities and challenges of the healthcare and agriculture industries in the Middle East. Expert analysis, business testimonials, and legal matters were also discussed in the panel sessions. The workshop ended with prospecting funding and advice as well as the signing of an agreement between Business France and the Franco-Arab Chamber of Commerce represented by its director Vincent Reina.


France records 21 Investment Decisions per week in 2016 The highest record since 10 years

Rejula ARUN - 28-mars-2017 09:04:21

• 380 companies from the Middle East operate in France United Arab Emirates, March 28, 2017 – Business France, the national agency supporting the international development of the French economy just released 2016 Annual Report of Foreign Investment in France, enlightening the results of foreign investment decisions in France and their contribution to the French economy. In 2016, 1 117 investment decisions created or maintained 30 108 jobs (962 decisions and 33 682 jobs in 2015). With an average of 21 decisions made every week, 2016 saw a 16% increase which sets a record since 10 years. From the Middle East, eleven new investment projects were recorded creating or maintaining nearly a hundred jobs. France is counting 380 companies from the Middle East operating in France, where they employ more than 24,000 people. 34% percent of Middle East investments in 2016 came from the United Arab Emirates, while Lebanon and Qatar each accounted for 18%. More than half (55%) of these projects involved decision-making centers (first-time investments), while there were also investments in business services and consumer services. In 2016, investments by Middle Eastern companies were made in a variety of sectors, including Software and IT services, Hospitality, Transport and Agri-food. Marc CAGNARD, Middle East Director at Business France stated: “In 2016, 36% of Middle East investments in France were made in Ile de France, Paris region. On the eleven investment decisions we listed from the Middle East, the main investor remains the UAE followed by Lebanon and Qatar. These results do not include the significant financial flows invested by Gulf Sovereign Wealth Funds which have been investing traditionally in France”. “Among Middle Eastern companies operating from France, 59 are listed in the Forbes 2000 annual ranking”, Cagnard Added. More generally, France remains a leading destination for investors, EU countries were top investors in France (60% of total investments), followed by North American (20%) and Asian countries (unchanged at 12%, with Japan in the lead). German companies were the leading investors in France for the first time (17% vs. 15% in 2015), with main investments in the field of industry.  American companies follow and amount to 25% of R&D activities.  Italian investments amount to 13% of investments and are focused on the industry.  Japan is leading investor among Asian countries. Germany and Italy remain the most active countries among foreign investors with respective increases of 35% and 68% in investment projects compared to 2015, and together amounting to one-third of foreign investment in 2016. France remains the preferred European export hub thanks to its key geographical location and excellent transport infrastructure.  The majority of foreign companies (80%) have expressed a distinct preference for France as an export platform (Source: Kantar Public). About Business France : Business France is the national agency supporting the international development of the French economy, responsible for fostering export growth by French businesses, as well as promoting and facilitating international investment in France. It promotes France’s companies, business image and nationwide attractiveness as an investment location, and also runs the VIE international internship program. Founded on January 1, 2015 through a merger between UBIFRANCE and the Invest in France Agency, Business France has 1,500 personnel, both in France and in 70 countries throughout the world, who work with a network of public- and private-sector partners. For more info, feel free to contact Business France: Miryem Oukas Messidi Head of Communications – Middle East Mobile: +971 (0)55 478 32 15 Mail : miryem.oukasmessidi@businessfrance.fr    Or Visit: www.businessfrance.fr Note to editors : 2016 Annual Report of Foreign Investment in France is available in English through this link: http://bit.ly/2oj7AXg Middle East report 2016 is also available : http://bit.ly/2o5QKM2 Presskit is available in English : http://bit.ly/2n6A7yQ     To download Invest in France App : On iPhone : https://itunes.apple.com/fr/app/invest-in-france-by-business/id427222887?mt=8   On Android : https://play.google.com/store/apps/details?id=com.afii.investfrance&hl=fr   To follow us on Social media : Account Most common used hashtags Twitter : @BF_MiddleEast #InfoBF #FrenchAttractiveness #FranceInnovation #CreativeFrance #FrenchTech For more info, feel free to contact me: Miryem Oukas Messidi Mobile: +971 (0)55 478 32 15 Mail : miryem.oukasmessidi@businessfrance.fr  


Business France publishes improved operating results across the board

Rejula ARUN - 06-mars-2017 12:09:16

Paris, March 6, 2017 – Business France has continued to build upon its success for the second successive year following its creation in January 2015, according to improved operating results across the board published Thursday, as greater synergies between supporting French exporters and attracting foreign investment to France start to pay off.    The number of SMEs and mid-size companies benefiting from Business France’s export services increased from 9,755 in 2015 to 9,993 in 2016, including 5,682 through collective events (France Pavilions at international trade fairs, business meetings, etc.) and 3,429 receiving customized support.   462 collective events were organized abroad as part of the France Export Program, including 152 France Pavilions.    Criteria for providing customized support and follow-up to growth SMEs and mid-size companies, in partnership with France’s public investment bank Bpifrance, showed that 1,101 businesses had initiated their international action plan by the end of 2016, well ahead of an initial target of 1,000 by the end of 2017.   Business France’s strategy to make the VIE International Internship Program a leading bespoke solution in foreign countries for businesses and young professionals alike can be seen by the surge in interns taking part in the program, rising from 9,006 in 2015 to 9,572 by the end of 2016 in 134 countries.    One business in two receiving support from Business France in 2016 struck at least one trading agreement, while three in four businesses found new potential trading partners.   Moreover, 643 foreign investment decisions receiving support from Business France and its regional development partners were successfully completed during the year, up from 522 in 2015, while the total figures for foreign investment projects and jobs generated in France will be published in late March 2017.   No fewer than 1,553 foreign investment projects were identified and followed up in 2016, up from 1,333 in 2015, while Business France teams organized around a thousand site visits for foreign investors.   Business France currently operates in 73 different countries, having doubled its presence throughout the world to attract foreign investors, opening new branches in Kuwait and Ethiopia in 2016, along with two offices in Iran and Nigeria.   As France’s leading player in the international development of the French economy, Business France signed or renewed a number of public and private partnerships in 2016, which included agreements with France’s public investment bank Bpifrance, French Chambers of Commerce and Industry both within France and internationally, France’s foreign trade advisors (CCEFs), Expertise France, Atout France, the French Trademark and Patent Office (INPI), the French Trade Entrepreneurs Federation (OSCI), the French Employer Federation MEDEF International, the French Development Agency (AFD), Euler Hermes, Société Générale and Crédit Agricole.   Business France also looked to strengthen its regional partnerships in 2016 by signing a cooperation agreement in September with France’s regions, enabling them to work more closely with the agency’s various business lines and global network.   “These excellent results for 2016 are an endorsement of how Business France has been set up to operate. After an excellent start in 2015, we have now built upon our early success. For this, we can thank the unstinting commitment, expertise and capabilities of our 1,500 personnel, who hail from 65 different countries and together provide active support to help businesses succeed, whether this be in export markets or by investing in France. The coming year will see an even greater impact, as we work increasingly closely with public- and private-sector partners, especially in France’s regions,” said Muriel Pénicaud, CEO of Business France and Ambassador for International Investment.    Business France is the national agency supporting the international development of the French economy, responsible for fostering export growth by French businesses, as well as promoting and facilitating international investment in France. It promotes France’s companies, business image and nationwide attractiveness as an investment location, and also runs the VIE international internship program. Founded on January 1, 2015 through a merger between UBIFRANCE and the Invest in France Agency, Business France has 1,500 personnel, both in France and in 70 countries throughout the world, who work with a network of public- and private-sector partners. For further information, please visit: www.businessfrance.fr   Media contacts: Cynthia Odsi  cynthia.odsi@businessfrance.fr   +33 1 40 74 74 15 Clément Moulet  clement.moulet@businessfrance.fr   +33 1 40 73 35 31


DP WORLD SHARES TOP TABLE AT STRATEGIC INVESTMENT SUMMIT IN FRANCE

Rejula ARUN - 05-avr.-2016 12:13:36

Trade and investment opportunities on agenda at high-level meeting chaired by French President, Francois Hollande Sultan Ahmed Bin Sulayem: UAE trade and logistics expertise gains global recognition Paris, France / Dubai, United Arab Emirates, 29 March 2016: DP World Group Chairman and CEO HE Sultan Ahmed bin Sulayem recently met the President of France, Francois Hollande and senior government and business leaders at a major investment summit at the Élysée Palace in Paris. France’s attractiveness as an investment location and DP World’s projects in the country were highlights of the discussions which also covered infrastructure development, port centric development, distribution and export hubs, rail freight, customs, and other logistics topics. HE Bin Sulayem outlined DP World’s contribution to global trade, investment opportunities in France and the potential for further collaboration in the trade, transport and logistics sector. HE Sultan Ahmed Bin Sulayem, said: “France is an important partner in DP World’s European operations. Our existing investments in France’s container ports and how they can be given further impetus formed part of the meeting. Participants were keen to know more about our global experience and expertise in moving goods across continents, connecting markets and enabling trade.” He said: “France has many attributes such as a skilled workforce, good infrastructure, proximity to the European hinterland and a unique position with coastal access to the Atlantic Ocean, Mediterranean and North Sea. It was a privilege to highlight our operations there and to provide our knowledge to this major economic power as it seeks to develop investment opportunities in the future.” DP World operates marine terminals in the ports of Le Havre and Fos, responsible for handling approximately 50% of all of France’s container traffic. The Port of Le Havre on the French north coast is ideally situated as the gateway to Paris and the industrial north. The port is rail linked and has direct access to the River Seine by barge to and from the Paris conurbation. Générale de Manutention Portuaire (GMP), a joint venture between DP World and CMA-CGM, operates two marine terminals in Le Havre. The Terminal de France is the deep-sea container terminal, capable of handling the largest vessels. The Terminaux Nord also includes general cargo and Ro-Ro services. The Eurofos marine terminal at the Port of Fos, near Marseille in the south of France is also a joint venture between DP World and CMA-CGM and is France’s southern gateway to the Mediterranean Sea. Eurofos operates the largest container terminal in France – 1.6kms long with 4 berths. It has direct barge access to the Rhone river leading north to central France including the major city of Lyon and road and rail links into the western Europe hinterland. Trade between Dubai and France in the first 9 months of 2015 reached AED 15.30 billion. The UAE is the largest market for French businesses in the Middle East with a quarter of French exports to the region. Over 5,300 French companies trade with the country, 60% of them SME exporters. The UAE also has 250 subsidiaries of French companies present in the country.


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