Business France: 2019, an exceptional year for international investments in France [fr]
Business France has today published its 2019 Annual Report on foreign investment in France. In this unprecedented global economic slowdown, France registered a record 1,468 foreign investment projects.
This performance, up 11% compared with 2018 and more than 50% in the last five years, once again confirms France’s attractiveness.
More job-creating investments
The strong drive from international investment has led to 39,542 jobs being created or maintained, 30% more than in 2018. Industrial jobs have seen a 22% rise.
European investment boom
While 58 countries invested in France last year, 64% of the projects came from European companies (up three percentage points compared with 2018). Germany (15.5%) and the United Kingdom (12%) were the main European investors in France, with the investment commitment growth rate more than 27% for Germany and more than 47% for the United Kingdom.
The main beneficiary of foreign investments is the French industrial base
France is the European leader for hosting investments in production activities, with the number having increased by 19% in 2019. These activities cover 26% of all investments and are the main contributors in terms of employment, with 13,814 jobs being created or maintained in 2019 (i.e. 35%).
An increasingly attractive French ecosystem for innovation
France has a strong ability to attract major R&D projects, which have increased by 22%.
R&D activities represented 11% of all foreign investment in France in 2019 (157 projects). American companies stood out for their involvement in R&D: they were responsible for 27% of the decisions identified.
Projects benefitting all regions
The investment decisions made in 2019 were spread across the whole country and were not concentrated only in very large urban areas. In fact, 41% of the investments were made in cities of fewer than 20,000 inhabitants and 70% in urban areas of fewer than 200,000 inhabitants.
The locations and expansions of production facilities were mainly in mid-size cities of fewer than 200,000 inhabitants, while 56% of industrial projects were carried out in industrial regions.
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Media contact :
Ms. Phoebe GUO
Communications & Press
Business France (www.businessfrance.fr) 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 runs the V.I.E international internship program.
Founded on January 1, 2015 through a merge 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.