Tuesday, May 31st, 2022
According to the latest results of the EY survey, France is the most attractive country in Europe for the third successive year, with 1,222 investment projects identified in 2021, an increase of 24% compared with 2020. By comparison, projects grew by only 2% in the United Kingdom and fell by 10% in Germany, France’s main competitors in Europe. As such, France has a much greater capacity for recovery than in the rest of Europe, with a record level of investment projects, while the number of projects in the EU is below its 2019 level, and confirms that it is a safe haven for foreign investors.
These results reflect the momentum observed by the figures published in Business France’s “Annual Report: Foreign investment in France” last March, which showed that in 2021, France had hosted 1,607 investment projects (+32% compared with 2020) that had enabled 45,008 jobs to be created or maintained (+30% compared with 2020).
“France’s attractiveness has been blessed for the third year in a row by the international leaders interviewed by EY. Business France has played its full part in this effort to attract investment and I applaud the involvement of our teams and their close collaboration with our partners in France’s regions within Team France Invest, which have made it possible to support more than 6,900 projects in France and its overseas territories since 2017, thereby creating more than 185,000 jobs. In all, for 2021, Business France will have been at the origin of 59% of international investment projects” says Christophe Lecourtier, CEO of Business France.
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