France has achieved a significant milestone by announcing a record-breaking $16 billion in foreign investment deals. This influx of capital is set to bolster the French economy and create approximately 10,000 new jobs across various sectors.
Major corporations, including tech giant Amazon and pharmaceutical firm GSK, are among the key players investing in France. These companies plan to establish thousands of jobs, contributing to France's ambition to transform from a nation of consumers back into a nation of producers.
The announcement was made during the annual 'Choose France' business summit, held at the historic Chateau of Versailles near Paris. French Finance Minister Bruno Le Maire emphasized the country's commitment to fostering a productive economy, stating, \"For many years, France has been a nation of consumers – we want to become again a nation of producers.\"
The summit featured roundtable discussions focused on green industry, artificial intelligence (AI), and quantum computing. Highlighting France's strategic direction, the country is set to host a major AI summit later this year, aiming to position itself as a European hub for the rapidly growing AI sector.
President Emmanuel Macron has been vocal about France's vision for technology and innovation. In a recent speech on Europe, Macron outlined his ambitions for Europe to emerge as a global leader in AI and other advanced technologies. The French presidency revealed that the $16 billion investment encompasses 56 different business projects, underscoring France's commitment to economic growth and technological advancement.
Reference(s):
cgtn.com
