France announces €4b foreign investment ahead of forum | Malay Mail

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PARIS, Jan 20 — France announced yesterday nearly €4 billion (US$4.4 billion) of foreign investment was coming into the country, as President Emmanuel Macron prepared to host a major business forum. Several major companies made announcements on the eve of the “Choose France” event, designed...

A French flag flutters in the sky over the Elysee Palace in Paris, France, December 10, 2018. — Reuters pic

US giant Coca-Cola and its bottling operation announced yesterday that it planned to invest up to €1 billion in France over five years. The vessels are due to be delivered in 2025 and 2027, enough to employ 2,400 people over three and a half years, the government said. The Anglo-Swedish company, which already employs around a thousand people in France, would be recruiting around a hundred more people, it said.Macron will receive more than 200 business leaders from France and abroad in the grand surroundings of the Chateau of Versailles near Paris today to facilitate more deals and to talk up their country as the place to do business.

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