Home Lifestyle Select France | Emmanuel Macron receives Elon Musk and announces investments worth 13 billion euros

Select France | Emmanuel Macron receives Elon Musk and announces investments worth 13 billion euros

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Emmanuel Macron received Elon Musk At the Elysée before going to Versailles for the event.” Choose France“. more than 200 foreign business leaders Participate in this meeting during which the value of investments 13 billion euross is declared, which will result in Creating 8,000 job opportunities.

Elon Musk, The French president greeted the American billionaire at the helm of Tesla and SpaceX and the owner of Twitter to discuss the European response to an initiative American AI Research and the French Green Industry Bill. Although no investment has been announced for Choose France, Musk’s presence is a strong signal.

the event ” Choose Francewhich has become an unmissable event since its first edition in 2018, bringing together more than 400 guests at Palace of Versailles, including 206 multinational business leaders. Personalities like Sunil Bharti Mittal, Chairman of India Bharti Enterprises Group, ArcelorMittal CEO Lakshmi Mittal and Nokia CEO Pekka Lundmark are in attendance.

Major projects, including the construction of a Giga Factory Batteries in Dunkirkrepresents an investment for 5.2 billion eurosas well as the construction of a photovoltaic panel plant in Sarreguemines for an amount of 710 million euros.

The investments announced during “Choose France” represent only a portion of the foreign direct investment made each year in France. According to Business France, 1,725 ​​projects with mainly foreign capital were established in the territory in 2022. France ranks sixth in Europe in terms of foreign direct investment, worth $14 billion in 2021, according to UNCTAD. The event marks an important step for the French economy and its attractiveness in terms of investment.

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