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The franceinfo Talk focuses on the Choose France summit which brings together the leaders of large foreign companies to convince them to invest in France. Sarah Calamand receives Henri Sterdyniak, economist at SciencesPo and member of the dismayed economists and Christian Saint-Etienne, member of the Circle of Economists, professor of industrial economics at the National Conservatory of Arts and Crafts (CNAM).
This Monday, France secured 15 billion euros in foreign investment promises during the new Choose France summit. The opportunity for Emmanuel Macron to announce a new record generated by this initiative of the president. Large companies like Microsoft, McCain, Amazon and Skeleton are behind an investment promise of 15 billion euros which could contribute to the sustainability or creation of 10,000 jobs.
The Palace of Versailles hosted the “Choose France” summit this Monday, May 13. Although promising, the announcements of record amounts of foreign investment in France leave some observers wondering.
In an article published in Le Monde, economist Lucas Chancel puts the government’s enthusiasm into perspective, emphasizing that the notion of attractiveness can be misleading because the number of investment projects does not systematically rhyme with direct job creation. .
Furthermore, the general director of Business France, Laurent Saint-Martin, announced that these “15 billion euros of investments will make it possible to create or maintain more than 10,000 jobs”. However, behind these galvanizing figures, the rather fragile share of industry on the scale of the French economy.