“Choose France”: the Elysée announces four billion euros in foreign investment

Jacques Serais, edited by Laura Laplaud 07:17, January 17, 2022

More than 13,000 job creations, four billion euros invested by twenty companies... This is the promise of new foreign investment in France, revealed by a press release from the Elysée.

A timely promise for the President of the Republic who has still not declared himself a candidate for the presidential election but who intends to demonstrate the attractiveness of France on the occasion of the fifth "Choose France" summit. 

Good news for Emmanuel Macron

The major project is that of the American Eastman for a plastic recycling company.

The German group BASF, it will settle in the Haut-Rhin.

In the absence of large receptions from foreign investors in Versailles, Emmanuel Macron will put on the overalls on an express trip for a major announcement in this village of 1,000 inhabitants.

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In Chalampé, the German company BASF, the world's leading chemical group, will communicate on the construction of a new production plant on the Alsachimie industrial site.

An investment of 300 million euros which will create around sixty permanent jobs, promises the Elysée including nearly 500 jobs for the construction of the factory.

Good news that Emmanuel Macron seized on the leap.

"These foreign investments validate our entire economic policy", rejoices one of his advisers who continues "it is the result of our reforms in terms of taxation and work".

Record for French Tech

Defending its balance sheet, in short, the objective of the Head of State behind the staging of these announcements of new foreign investments.

At 83 days from the first round, the Elysée tenant even mobilized his ministers.

Six of them will be in the field today throughout France, on sites that are preparing to receive foreign investment.

Last year, French start-ups attracted 11.5 billion euros in investments.