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Radio France Internationale
Radio France Internationale
National
RFI

Choose France summit kicks off with big hopes for foreign investment

The Coeur Defense Tower in the business district of La Defense, west of Paris. The Paris CAC 40 stock index climbed to an all-time high on 10 May, 2024, joining London and Frankfurt which also hit fresh records. AFP - STEPHANE DE SAKUTIN

France rolls out the red carpet to some 180 business leaders on Monday at the annual international business summit aimed at wooing foreign investors. Buoyed up by recent data showing France remains the most attractive country in Europe, the presidency has promised record investments, though there is growing competition from a reinvigorated Britain.

President Emmanuel Macron hosts the Choose France summit at Versailles Palace – a royal venue designed to encourage princely sums, and his office announced Monday morning that France has secured €15 billion euros of foreign investments in 56 different projects, including €4 billion from Microsoft, €1.2 billion from Amazon and €1 billion each from Pfizer and AstraZeneca.

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