Choose France summit projects €37 billion in foreign investments
The "Choose France" business summit this year is expected to attract €37 billion ($41.35 billion) in total investments, according to Finance Minister Eric Lombard. The event focuses on encouraging major international companies to invest in France, with €20 billion allocated to new agreements and €17 billion representing previously committed projects, Lombard told RTL radio.
He highlighted that the €20 billion consists entirely of new initiatives, complementing the €17 billion announced earlier during a presidential meeting on artificial intelligence and data centers.
The Macron administration faces challenges to halt industrial job losses amid economic uncertainties intensified by US President Donald Trump's trade policies, which add strain to Europe's slowing economy.
Despite fierce global competition, France is actively promoting itself as an attractive destination for capital investment. Lombard also expressed confidence that the government will achieve its economic growth target of 0.7% by 2025.
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