Margaux Fodéré, edited by Romain Rouillard 06:18, March 02, 2023
According to a report published by the economic data publisher Trendeo, the permanent closures of factories recorded since the financial crisis of 2009 could be erased within four years.
If all the lights are not yet green, the return of factories to France is on the right track.
Is France turning the page on deindustrialization?
In any case, this is what a report published by Trendeo, an economic data publisher, suggests.
The permanent closures of factories recorded since the financial crisis of 2009 (2,498 factories closed in 13 years) could be canceled in the coming years.
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As proof, the number of net job creations in industry, which almost reached 37,000 in 2022, i.e. 5,000 more than in 2021. Its highest level since the financial crisis of 2008-2009.
A rebound which is explained first by the good health of companies, supported by state aid.
“There were a lot of green lights with all the loans guaranteed by the State for all that is business investment and job creation”, decrypts David Cousquer, creator and manager of Trendeo.
"There is a real ecosystem that is being created and which is consolidating local employment"
These net job creations were then driven by major factory projects in France.
“We are talking about three to five indirect induced jobs for one job on an industrial site. These are often anchor points for an entire sector or sector. We can see this with what is taking shape with batteries in Hauts-de-France. There is a real ecosystem that is being created and which is consolidating local employment", continues David Cousquer.
Nevertheless, obstacles still stand in the way of the reindustrialization of France.
For example, it is difficult to find land for large industrial projects.
Those with more than one billion euros of investments are most often made in Eastern Europe or especially in Asia.