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Wednesday, May 21, 2025

Choose France Summit 2025 Announces €37 Billion in Foreign Investments and 13,000 Jobs

Choose France Summit 2025 Announces €37 Billion in Foreign Investments and 13,000 Jobs

The eighth edition of the Choose France summit witnesses landmark commitments in various sectors, including artificial intelligence and green technology.
On May 19, 2025, the eighth edition of the Choose France summit near Paris revealed a record total of €37 billion in foreign investments, including €20 billion in new projects, which are expected to create approximately 13,000 direct and indirect jobs.

French President Emmanuel Macron addressed over 200 CEOs from across the globe at the Château de Versailles, focusing on future investments in France under the theme "France, land of creativity."

This year’s summit emphasized the growth of data centers, with several significant projects being announced or confirmed following the previous summit on artificial intelligence (AI) that drew €109 billion in private investment promises.

Among the noteworthy commitments, American company Prologis plans to invest €6.4 billion in warehouses across Marseille, Lyon, Paris, and Le Havre, in addition to establishing four data centers in the Paris region.

Canadian firm Brookfield reiterated its previous commitment of €10 billion for a site in Cambrai (Nord), while American Digital Realty confirmed investments of €2.3 billion for data centers in Marseille and Dugny (Seine-Saint-Denis).

In alignment with France's energy sovereignty, which benefits from its nuclear power infrastructure, investments in AI and related technologies are a priority.

For the sovereignty goals, substantial investments are earmarked for network infrastructure: Accenture from Ireland will contribute €2 billion, Cellnex from Spain will invest €2.5 billion, and Cisco from the United States has committed €100 million.

Additionally, British firm Less Common Metals Ltd is set to invest €110 million, likely at Lacq in Pyrénées-Atlantiques, focusing on rare metals, while Portuguese company Tekever plans to invest €100 million in drone technology in Occitanie, and Singaporean H3 Dynamics will allocate €25 million for hydrogen batteries.

Cultural investments have also gained attention, with Netflix announcing a €250 million production budget for French projects, and Saudi Arabia's Qiddiya planning to sign a memorandum of understanding for a major tourism and entertainment project in France.

In the realm of circular economy initiatives, American company CIRC will invest €450 million in its first global facility in Saint-Avold (Moselle), anticipated to create 200 jobs.

The French Minister of Ecological Transition, Agnès Pannier-Runacher, stressed the importance of transitioning from the existing recycling model, which faces challenges due to the increasing volume of waste generated by ultra-fast fashion.

Furthermore, eight announcements were made focusing on the decarbonization of industries, including a joint venture between French firm H2V and German firm HY2GEN for a €1.5 billion investment in sustainable aviation fuel production.

In the mobility sector, German company Daimler Truck will invest €92 million in its electric bus factory in Ligny-en-Barrois, with President Macron visiting the facility prior to the summit.

Chinese enterprise Windrose Technology has announced a €175 million investment for its largest European truck factory.

Swiss MSC Cruises is expected to confirm the order of two new ships at Chantiers de l’Atlantique in Saint-Nazaire.

In finance, British fintech company Revolut plans to invest €1 billion in France over the next three years and will establish its new headquarters for Western Europe in Paris.

The Abu Dhabi Investment Authority (ADIA) will invest €600 million in leading European outdoor hospitality firm ECG, while British ICON Infrastructure allocates €500 million in equity for infrastructure projects in France.

Additionally, the London Stock Exchange has decided to establish a new reference index administrator in Paris.

American companies are also making significant commitments.

Amazon has announced an investment plan exceeding €300 million, targeting warehouse expansions in Centre-Val-de-Loire and Auvergne-Rhône-Alpes, which will generate over 1,500 permanent jobs.

Mars Inc., a major player in the food industry, will invest more than €100 million to modernize its existing facilities.

Lastly, ManpowerGroup has earmarked €200 million for innovation and training projects over the next three years.
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