Monday, March 16, 2015

Foreign investment in France rebounded in 2014 – Le Parisien

Foreign investment in France rebounded in 2014 – Le Parisien

March 16, 2015, 9:13 | Updated: March 16, 2015, 9:51

United UNite still the leading investor in France. If production activities remain predominant, the research and development center designs are on the rise.

According to the agency responsible for promoting international investment and exports, 1014 investment decisions were place in the country, which has enabled the creation or maintenance of 26,535 jobs. “France continues to attract investment in high value-added functions, including production and research, said Muriel Pénicaud, Executive Director of Business France. France is the last four years, the first host country of production facilities in Europe “The downside, however. In 2013, foreign investment had helped save or create 29,630 jobs, so more than in 2014.

Attracted by the quality of infrastructure and manpower

According to Business France, this difference is explained by the rise of investments research and development that produce fewer hires. “We must nevertheless expect that the creation or redemption of such R & amp centers; D are followed by the launch of production lines in the coming years,” continues Muriel Pénicaud, noting that a quarter of French researchers are employed by subsidiaries of foreign companies.

In detail, the production activities in 2014 represented 30% of the investments made in France. Research and development, engineering design and 9%. To explain this increase of 8% compared to the previous year, several hypotheses have been put forward: the quality of infrastructure, quality of workmanship, … More broadly, although Europe is still suffering from the crisis, investors tempted back after their luck in some developing areas. Although statistics are not officially known in several weeks, France should retain its ranking in third place behind the United Kingdom and Germany, in terms of investment amount.

“The outlook on France is no longer the same,”

Another point to note: the number of countries that have made the choice of France increases. They were 47 in 2014 against 39 in 2012. By nationality, the main investors in France are US companies (19%), German (14%), the UK (9%), Italian (9%) and Japan (6%) . “I find that the” French bashing “has lost ground since the middle of last year. And this will see probably more in 2015. I travel all year and I see: the look on France is not the same, “said Laurent Fabius, Minister of Foreign Affairs in Les Echos.

In France, the issue of foreign investment capital for the national economy. More than 20,000 foreign companies are located in France and employ over 2 million people. According to INSEE (INSEE), these enterprises account for 12% of eligible employees in the country, they provide 31% of its exports and 19% of its turnover.

In mid-February, Hollande met thirty heads of major foreign companies at the “strategic consulting attractiveness” to present the advantages of France. In his charm offensive, the President recalled that the government had initiated reforms on lower expenses or the reform of the labor market. In addition, Francois Hollande announced the establishment of the “passport talents.” This document will allow a four-year stay in France qualified young graduates, researchers, investors, corporate officers and highly skilled workers. Moreover, entrepreneurs who regularly come to France for economic exchanges may have long-term visas, five years. Moreover, the VAT rules applicable to importing companies will be simplified …

Video. Hollande wants stability standards
Hollande wants “stability standards … by BFMTV

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