France is set to announce **over 20 billion euros** in foreign investments on May 19, during the 8th **Choose France summit**. This marks the largest investment announcement since the inception of the summit, according to President **Emmanuel Macron**.
In an interview with various regional press outlets, including **Ouest-France**, Macron mentioned, “There will be more than fifty ads, and we will take the course of 20 billion euros“. This follows last year’s announcement of 15 billion euros in projects.
More than **200 global business leaders** are expected to gather on Monday in **Versailles**, near Paris, for this significant economic event. It serves as a platform for these leaders to meet their peers and interact with French government members, including the head of state, to discuss potential **investment projects in France**.
“Accelerate Simplifications at the National and European Level”
Since the summit’s inception, a total of **178 projects** have been announced, with only eleven being dropped, according to President Macron. In 2024, France was classified as the most **attractive country** for foreign investments, recording **1,025 projects**. However, it still lags behind Spain and Germany concerning the number of jobs created per project.
“We excel in research and development but have fewer job-intensive activities,” Macron remarked. Despite this, innovation remains a stronghold for France. He urged for a need to “accelerate simplifications at national and European levels.” Additionally, Macron emphasized the importance of enhancing the **single market**, adopting a more proactive **energy policy**, and implementing stronger protective measures for the internal market, stating that these are critical to better compete against **Asian competitors**.
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