France expects record 93 billion euros in foreign investment from 'Choose France' summit

French President Emmanuel Macron announced that the "Choose France" summit is set to secure a record 93 billion euros in confirmed investments, projected to create more than 15,000 jobs. This figure surpasses the total investments gathered over the previous eight years, signaling a significant boost for the French economy.

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This 'Choose France' event alone will allow us to collect a record 93 billion euros in approved investments and help create more than 15,000 jobs.

The summit, held at the Palace of Versailles, attracted approximately 200 global executives. A substantial portion of the announced funds, 45 billion euros, comes from Japanese tech investor SoftBank. SoftBank's founder, Masayoshi Son, plans to invest heavily in artificial intelligence infrastructure, including 45 billion euros by 2031 for data centers in northern France.

Other key investments target strategic sectors such as AI, data centers, semiconductors, critical minerals, and healthcare. Canadian asset management firm Brookfield will invest $10 billion in a data center in northern France, while investment firm Ardian and Nordic data platform Verne will jointly invest $5 billion in a Paris region data center. U.S. company Salesforce announced $2 billion in investments by 2030, including an AI center in Paris.

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We are clearly reducing the gap we had in computing capacity in Europe.

These commitments are expected to solidify France's position as a leading European hub for data centers and computing power, as well as a base for AI robotics manufacturing. Macron highlighted that these projects will help France "undoubtedly become the leading country in data centers and computing capacity in Europe." The country has consistently attracted significant foreign investment, with consulting firm EY reporting France has led Europe in attracting foreign investment for seven consecutive years.

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French nuclear power is a key factor in choosing France.