15bn euro record breaker: Foreign investment soars at “Choose France” summit amidst economic challenges

The annual “Choose France” event, hosted by President Emmanuel Macron, has secured a record-breaking investment of 15 billion euros from foreign businesses this year, surpassing last year’s total of 13 billion euros. This significant rise in foreign investment highlights France’s growing reputation as a prominent European business hub. The summit aims to boost France’s economy amidst challenges such as budget deficits and sluggish economic growth in the first quarter. Key sectors for these investments include technology, artificial intelligence, and finance, with notable commitments from Microsoft, Amazon, Pfizer, and AstraZeneca. Additionally, French Finance Minister Bruno Le Maire will host high-profile meetings with executives from JPMorgan, Goldman Sachs, Morgan Stanley, and Bank of America, among others, during the event. These developments suggest a positive outlook for France’s economy and its position within Europe’s financial landscape.