How attractive is France’s investment environment?
The French-American Chamber of Commerce (FACC) posted the following summary of a report recently carried out by consulting and accounting firm KPMG.
The full report is available here, entitled “Facts & Figures on France’s Investment Attractiveness”.
Probably a good idea to check out other resources as well.
There is an interesting report by The Economist in their “The World in 2013” edition that highlights the likely challenges facing President Hollande’s administration in the next year including the difficulty in encouraging business growth and more investment.
While France remains a country that retains an attractive profile, there is a real risk that increasing taxes and a morose business climate could take hold and hamper growth in 2013. So although France has a lot to offer, it must make progress to improve the business climate and decrease unemployment. It’s not an easy time for Europe, and France will not be an exception. But as the adage goes, “no pain, no gain”.
From: Invest in France Agency
In the competition with other European countries to attract inward investment projects, France boasts a number of key strengths underpinning its investment attractiveness.
These advantages include:
– A large, dynamic market in Europe.
– A skilled, productive workforce.
– Recognized support to foster innovation.
– A plentiful supply of commercial real estate.
– Dense, high-quality transport infrastructure.
– High-quality energy and telecommunications at competitive rates.
– Renowned quality of life.
According to KPMG’s “Competitive Alternatives” biennial guide to business costs in over 100 cities in nine different countries, France stands out for having particularly attractive business setup costs, comprising labor costs, facility costs, transport, utility costs (electricity, natural gas, telecommunications) and corporate tax. In the 2012 edition, France was ranked fourth among the countries compared, up two places from sixth in the previous rankings (2010).