INTERNATIONAL INVESTMENTS IN 2017: PARIS REGION BREAKS RECORDS
As the leading European employment market, Paris Region attracts on average one-third of international investments in France per year. In 2017, Paris Region received 414 international investments, 16% more than in 2016. The total number of jobs (created and maintained) increased from 7,454 to 7,649, and the number of jobs created stabilized at 6,626.
Greater investor numbers and loyalty:
73% of the projects that chose Paris Region are new investors, while 27% are extensions, testifying to the satisfaction of investors already established in the region.
Investment came from a small number of countries, primarily in Europe:
- The United States, Germany, the United Kingdom and China were the main investors and accounted for half of foreign investment in Paris Region.
- The United States was the biggest investor in Paris Region, with their share rising from 21% in 2016 to 26% in 2017 (from 76 FDI to 108 FDI), an increase of 42%.
- 48% of foreign investment came from Europe, led by increases from the United Kingdom (+ 45%), Sweden (+ 111%) and the Netherlands (+ 129%).
- North America and Asia ranked second and third, accounting for 29% and 17% of foreign investment respectively.
- China was the leading Asian investor, ahead of Japan, accounting for 37% of Asian investment and 6% of total investment.
A strong position on high value-added industries:
Three sectors stand out in particular, namely "Computer software and services" (28%), "Consulting, engineering and operational services for businesses” (11%) and "Textiles, industrial textiles, clothing and accessories" (11%) especially with regards to distribution. Together they accounted for 46% of foreign investment in 2017.
A region at the forefront of innovation:
36% of FDI is in the IT sector compared to 27% in 2016.
In addition, 35 R&D centers chose Paris Region this year, compared to 29 in 2016, to benefit from the excellence of the Paris Region innovation environment.
Michel Mercier, Commercial Director of the Orthex Group: "The major French distribution chains - which represent a large proportion of our customers - are located in the Paris Region or very close to it, owing to the speed of the TGV high-speed railways. The choice to set up in the Paris Region was natural. Entering the Paris Region market means gaining access to 12 million eco-design and product design consumers, as well as benefiting from a pro-business environment at the forefront of innovation. Moreover, our French branch had to be based in a region that offered the facilities and a transport network needed to ensure optimal mobility, in particular to easily reach our parent company in Scandinavia."
Yuhei Urabe, General Director of Triple W: "We will continue to move forward by developing other products and solutions to reduce the often unexpected challenges of life. Triple W is constantly working towards the goal of creating a society that is more respectful towards its citizens, at all stages of life, and it is this ambition that brings us today to the Paris Region. Indeed, the Paris Region is the center of European healthcare. Moreover, its market, at the forefront of innovation and oriented towards a more stress-free everyday life, is geared towards welcoming new technologies and providing comprehensive support for the implementation and development of international innovative companies. To succeed in the Paris Region, Triple W has two important partners: "Paris Region Enterprises", which put us in direct contact with the "Silver Valley" accelerator, which helped us to meet and build a strong network of public and private partners."
Rathor Anurag, General Director of Zify: "Paris Region was an obvious choice. This is the most dynamic region in Europe, the leading hub for innovative startups throughout Europe and from a financial point of view, the Region has become very attractive for creating or setting up a business. If you consider the wealth of skills concentrated in Paris Region and the opportunities generated by the ongoing digital revolution, this is exactly the place to do business and live too. Yes live! Because everything is linked at the professional and private level. Everything is being reinvented for a better quality of life!"
Derek Huoth, General Counsel and Uiara Araújo, Programming Director for Tastemade France: "Paris Region Entreprises provided incredible support for our search for office space in Paris, from filing our requests with real estate agencies to signing the contract! This support contributed to the success of our entry into the French market. We know how real estate projects play a key role in the development of the company and the implementation of its strategy. Paris Region Enterprises has been an invaluable partner for Tastemade."
Erich Bonnet, President & CIO of Smart Lenders AM: "We very quickly decided to set up in Paris Region, in particular because its financial center is attractive in the field of asset management and institutional investment. It has a highly developed network of financial institutions, institutional investors and management companies of all sizes. However, these are not the only reasons. We particularly appreciated the proactivity and responsiveness of the French Financial Markets Authority (AMF) and the "Choose Paris Region" information center during our registration and transfer procedures in Paris Region. The Paris Region has a large pool of strong financial and quantitative skills, with professionals and graduates of higher education institutions that are unanimously recognized in the world of finance. Lastly, the quality of life in Paris Region is a huge plus, with competitive housing, health and education sectors."
Frédéric Cuny, Co-founder of Kobaltblau in Germany and Executive Director of the company in France: "The Paris Region is positioned in the heart of Europe. There are no other regions better connected with other countries and major European centers. Our clients, which are large businesses and mid-sized companies, have their headquarters there. Moreover, the region has world-class higher education institutions and research that offer an essential pool of skills and talent, ensuring that our firm is always at the forefront of innovation."
Matthieu Dejardins, Founder of NextUser: "The Paris Region is at the heart of our growth strategy in the French and European markets. It’s an innovative and dynamic region that, like Silicon Valley, has massive resources for the success of young talent and startups. Today, many of our customers have chosen the Paris Region to set up their head offices, which has allowed us to create and operate a network of companies interested in the future of marketing and of course, in our solution. The services of Paris Region Entreprises have been decisive because they opened so many doors for us, including access to TechMeetings in Silicon Valley and, in Paris, through ‘one-to-one’ business appointments organized with major French brands such as ETAM and large French corporations: Engie, Air France and Carrefour. These relationships accelerated our decision to expand into France by creating a branch in Paris Region, which will serve as a base for our development in Europe."