2023-05-15 11:01:12
Batteries, photovoltaic panels, medicines…. For the sixth edition of the high mass of foreign investment in France, called “Choose France”, Emmanuel Macron is preparing to announce on Monday a record harvest of projects for a total of 13 billion euros. This year, out of some 400 guests received under the gold of the Palace of Versailles, 206 bosses of multinationals have confirmed that they would make the trip. Among them, the eccentric and controversial boss of Tesla and SpaceX, Elon Musk.
In total, the 28 projects announced will create 8,000 jobs. However, the investments presented in the context of “Choose France” only represent a small part of the foreign direct investments (FDI) made each year in France. A brief overview of the main projects and investments already known.
New generation batteries made in France
The largest of the projects announced this year has already been unveiled by Emmanuel Macron: 5.2 billion euros for a gigafactory of new generation batteries from Taiwanese ProLogium, located in Dunkirk (Hauts-de-France) with 2,000 jobs at stake. The construction of the factory should start next year for commissioning at the end of 2026. This is the second “gigafactory”, a giant battery factory, which is set up in Dunkirk.
In the same city, the Chinese XTC will build with the French Orano a factory of components and recycling of batteries for 1.5 billion euros.
Photovoltaic panels
Another flagship project is the establishment in Sarreguemines (Moselle) of a photovoltaic panel production plant by Holosolis, an offshoot of the European group Innoenergy, for 710 million euros, representing 1,700 jobs. “For years, we have subsidized photovoltaic panels that were made at the end of the world, here we are going to have photovoltaic panels Made in France”, welcomed Sunday on Franceinfo the Minister of Industry Roland Lescure.
The Sarreguemines photovoltaic cell production plant is due to enter service in 2025 and will eventually have a capacity of five gigawatts, according to the Journal du Dimanche. This plan comes a few months after the abandonment of a similar project in the same place by the Norwegian company Rec Solar.
Ikea wants to strengthen its presence in France
Among other projects, the Swedish furniture giant Ikea announces 906 million euros of investment in France by 2026. A new logistics center should also open near Toulouse, with “very likely” new jobs at the key, management announced. It also confirmed the installation of a similar platform in Limay (Yveline) from 2026.
“Prices will drop, it’s not only our prediction, but also our mission,” insisted Jesper Brodin, boss of the Ingka holding company, which includes most Ikea stores and represents more than 90% of turnover. total of the group.
Telecoms
Another project, the Finnish Nokia aims to create 500 jobs in its research and development centers in Saclay, in the Paris region, and Lannion in the Côtes-d’Armor.
Investments in pharmaceuticals
In the pharmaceutical sector, Pfizer is injecting, like last year, an additional 500 million euros. The American company explains in a press release that thanks to this new investment, it will “strengthen the capacities in terms of clinical trials in oncology and traditional research”.
For its part, the British GSK announces 240 million of investments on three production sites in Évreux (north-west), Mayenne (west) and Saint-Amand-les-Eaux (north of France), and more than 150 million for research and development. Finally, the Italian biotech Sapio will invest 200 million euros over three years for an acquisition and an extension of activity, 100 jobs at stake.
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