Strategy Analysis International

France: Europe’s number one destination for FDI

20-02-2010

SAI is working with the French Economic Development Agency http://www.paris-region.com to promote productive investment in the Paris Region – especially from Canada and the Nordic countries.
The focus is on Information and Communications Technology businesses where SAI has particular expertise.

In both 2008 and 2009, France was Europe’s number one destination for Foreign Direct Investment (FDI) according to UNCTAD. The Paris Region is also home to Europe’s largest ICT cluster: with 18.000 companies and over 400.000 jobs. The Region attracts large numbers of software developers where 11% of European businesses, and 70% of French, are concentrated.
The 3 leading mobile operators (Orange, SFR and Bouygues Telecom) have their head offices in Paris Region, and most Internet access providers have also chosen to locate their French headquarters here.
More than €2,5 billion is being invested in the deployment of FTTx networks. 80% of Paris households will be connected to Very High Speed optical fibre by the end of 2010. Paris Region and its départements are all working on optical fibre roll-out programmes.
The whole of Paris Region is also enjoying substantial investment in Wimax and Wifi technologies. In fact, Paris municipal authorities are forecasting that the whole of the city will have Wimax and Wifi access in 2010. They have already installed 400 free Wifi base stations in 134 outdoor sites and in 128 municipal departments.

Paris is the site for the largest number of trade shows. The largest Internet show in Europe “Le Web Paris” takes place here every year.



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