France 2030 : a recovery plan to attract investors
The French government is preparing to deal with the economic consequences of the Covid 19 pandemic with a major €100 billion investment plan to help companies rethink production models, transform infrastructure and invest in training a highly skilled workforce.
An economic recovery programme supported by the European Union
The European Union has allocated €40 billion to “France Relance” to support, among other things, France’s ambitious goal of becoming the first major carbon-free economy in Europe by becoming CO2 neutral by 2050. France was the leading European country in terms of attracting foreign direct investment in 2019, and this plan will further strengthen its competitiveness and help support its openness to foreign investors.
Towards a more competitive future
France has chosen to modernise its production facilities, invest massively in future technologies (including green technologies), reduce production taxes and increase support for research, training and development of existing national skills and expertise in order to regain its economic sovereignty after the pandemic. Through this investment plan, the country hopes to attract more foreign investors and become more economically resilient.
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Posted on 12 November 2024