The French government has compiled a list of 32 projects that can represent some 48 billion euros of investment over the period 2015 to 2017 as part of the recovery plan presented by Jean-Claude Juncker, the newspaper reveals Les Echos Monday, December 9.
Each member country of the European Union was called to identify potential investment programs as part of this investment plan developed by President of the European Commission, Jean-Claude Juncker.
France focuses on innovation and digital sectors that account for 40% of the projects, the paper’s website , citing new generation of pilot plants (15 billion euros) and the digitization project “large scale in Europe terminals and educational content” (6 billion).
An extensive program Renewal for an estimated investment of 5 billion by 2017 (25 billion in 10 years) has also been sent to Brussels, with the aim to “regenerate 200 popular areas among the most degraded” according to the document cited by day.
Renovate part of the rail network
Cross-sectoral programs such as thermal renovation of housing or loans to SMEs investing in robotics (1 billion) were also listed.
On the infrastructure side, France would like to use the European envelope to renovate part of its rail and sea network.
The pipeline project Val Saône (€ 700 million), the rail link Charles de Gaulle Express (300 million) and the extension of the RER line E to the defense are part of the proposed investments.
Jean Claude Juncker announced on November 26 a large investment plan to help mobilize 315 billion euros in three years, mostly private money.
Berlin for his part sent a list of 58 projects that represent some 89 billion euros of investments, according to the German Ministry of Finance.
(With AFP)
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