Despite a drop in foreign investment in 2020, France remains attractive
In 2020, in a context of a very marked global slowdown in international investments due to Covid-19, French attractiveness has not completely collapsed.
REUTERS / Christian Hartmann
Text by: RFI Follow
2 min
Because of the health crisis, the number of foreign investment decisions in France fell by 17% in 2020 compared to 2019. This figure is proof that France has held up well while direct foreign investment (FDI) fell 40% last year globally.
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Despite an unprecedented economic crisis, France has managed to remain
attractive
.
Despite the decline, foreign investments made it possible to create nearly 30,000 jobs in France in 2020.
"
France remained the recipient of 1,200 cases of foreign investment projects identified and ranks among the most attractive countries, including ahead of Germany or the United Kingdom
in some of the cases
", underlines Muriel Lacoue-Labarthe, Deputy Director General of the Treasury.
In the context of the health crisis, France broadened the scope of the foreign direct investment control system last year, in order to better protect strategic sectors.
This is the case with biotechnologies.
“
Biotechnology is now part of the list of critical technologies subject to control.
It is an extension which makes it possible to double, in particular, the investments made in our forward-looking activities which find application in sectors which have proved to be essential to the protection of public health and which are located upstream of a chain. production
”, explains Muriel Lacoue-Labarthe
In 2020, 275 transactions were subject to prior foreign investment checks, an increase compared to 2019.
► To read also: Foreign direct investment in the world down sharply in 2020
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