President outlines steps to attract more foreign investment
French Strategic Investment Attractiveness Council (Conseil stratégique de l’attractivité) – Speech by M. François Hollande, President of the Republic (excerpts)
Paris, 17 February 2014
Ladies and gentlemen business leaders of all nationalities,
I most sincerely thank you for the effort you have made in coming to talk to the members of the government present here; with the Prime Minister yesterday evening over a long dinner; and again through the morning. We need this confidence, because every time there’s investment in France, it marks the beginning of a relationship between our country and a foreign company. (…)
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France is a prime destination for foreign direct investments. It hosts over 20,000 foreign companies on its soil, representing almost two million jobs and a third of our exports. In ten years, France has attracted more than 6,000 foreign investments.
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The Invest in France Agency (IFA) aims at making foreign investors’ job easier
Thanks to its industry expertise and exhaustive knowledge of local markets, the IFA made easier the establishment of almost 50% of these projects in 2010.
At foreign investors’ request, the IFA identifies potential sites best-suited to their future business in France, introduce them to local authorities, government representatives and elected officials, including the head of regional regions and départements. Eventually, the IFA experts will help foreign-source business to integrate itself into the fabric of the local community and economy, by setting up contact with potential partners, self-contractors and suppliers (source: IFA).
Invest in France Agency
2/50 E Shantipath Chanakyapuri
110 021 New Delhi
Tel +91 11 63 19 63 05
Fax +91 11 24 19 63 09