France in top five for foreign investment

President Macron launched a campaign earlier this year for a ‘French Renaissance’ in an attempt to persuade more overseas companies to invest in the country. It appears to be bearing fruit

France has become more appealing for foreign investors and has reached the top five of an influential global index of attractiveness for the first time.

It is now in the top five countries of the AT Kearney foreign direct investment index of where foreign executives say they will consider investing in the next three years.

The index was set up 20 years ago and is considered one of the most important of its type.

France jumped two places, behind the US in top spot, Germany, Canada and the UK.

It also overtook Germany in the number of foreign direct investment projects into the country in a new attractiveness survey from EY, the accountancy firm.

The UK attracted 1,054 foreign direct investment projects last year (down 13%) but still ahead of France on 1,027 (up 1%) and better than Germany on 973 (down 13%).

AT ...

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