Re-industrialization projects affect small towns

Re-industrialization projects affect small towns

Emily Zapalski for Localities

France sets new record for number of international investment projects According to the 2021 report published by Business France on March 14, 2022, 1,607 projects were identified in 2021, an increase of 32% over 2020. Bercy points out that these projects have the potential to create or maintain 45,008 jobs. 30% compared to 2020. “The level reached is historic, welcoming the government in a March 14 press release. France has never been as attractive as 2021. France last year averaged 31 decisions invested per week,” he said, despite the health crisis. But the assessment is based on the number of projects, not the amount invested by foreign companies; Thus it gives a concise view of the attractiveness of the country. Although Bank de France’s figures for 2021 are not yet available, the net outflow of foreign investment in France by 2020 has fallen sharply: 2019 25 billion in 2019. ബ 4 billion by 2020. In 2020, France was the only country. It is the 17th largest foreign investment destination in the world. She was ranked twelfth in 2019 before the health crisis. It ranks sixth in Europe behind Luxembourg, Germany, Ireland, Sweden and the United Kingdom.

43% of investments are in the community of less than 200,000 residents.

Despite this reservation, it is important for local authorities to note that the projects identified by Business France in 2021 cover the entire French territory. Some regions, such as Bourgogne-Franche-Comté, Grand Est, Hauts-de-France, Occitanie, and Normandy, accounted for the largest share of projects that each region hosted according to its weight in national economic activity. Number of investment plans rather than relative financial size.

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“Over the past five years, the main host areas for overseas projects have been Île-de-France, Auvergne-Rhône-Alpes, Occitanie, Hauts-de-France and Grand Estate. France (24% of the national total), Hauts-de-France (16%), Auvergne-Rhône-Alpes (11%) and the Grand East (10%). “

The report also reports on the number of jobs created or maintained by these foreign investments in locally paid employment. Hauts-de-France (6.1 jobs per 1,000 salaried jobs), Bourgogne-Franche-Comté (4 jobs), Normandy (3.4) and Grand Estate (3.2) had a particularly high ratio. The results show that Business France’s opinion is that “the economic attraction of -le-de-France and major cities is not at the expense of other French territories.” The report also reveals that 43% of investments in 2021 will be located within the 200,000 population.

460 foreign origin industrial projects

In the industrial sector, 460 projects of foreign origin were detected, an increase of 49%, a record level. They were able to create or maintain more than 15,000 jobs. They represent 29% of international projects in France and 34% of related work. These are mainly extensions. “These results show that the re-industrialization of the French economy, which has been going on for many years, will accelerate in 2021,” the government said in a statement. Note: The geographical distribution of production activities is different for all projects. Production site establishments and extensions are mainly located in municipalities with a population of less than 20,000. In these cities 72% of the industrial investment projects and 68% of the ancillary works are done. For their part, industrial areas will host 58% of industrial projects and 66% of ancillary jobs by 2021.

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