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© AFII 2002 -2, Avenue Vélasquez 75 Paris - Tel : (33) 1 40 74 74 40 - Fax : (33) 1 40 74 73 27 - E-mail : info@afii.

10/03/2014 Bernard Yvetot. France: set for a rebound. Bernard YVETOT Executive Vice-President , Invest in France Agency. Confederation of Indian Industry November 4th 2003 .

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  1. 10/03/2014 Bernard Yvetot France: set for a rebound Bernard YVETOT Executive Vice-President, Invest in France Agency Confederation of Indian Industry November 4th 2003 © AFII 2002 -2, Avenue Vélasquez 75 Paris - Tel : (33) 1 40 74 74 40 - Fax : (33) 1 40 74 73 27 - E-mail : info@afii.fr - URL : http://www.afii.fr CII Delegation november 2003

  2. Foreign Direct Investment (FDI) in France France: Strengths and Weaknesses France: excellence in key sectors IFA strategy and regional partners IFA services for an international investor CII Delegation november 2003

  3. France a leader in FDI FDI flows in 2002 Sources: OECD, CNUCED, Banque de France CII Delegation november 2003

  4. Europe and internationally mobile investment Ernst&Young analysis of the European market • France holds market share at 13.5%, second after United Kingdom • France, a major player in manufacturing, but also in R&D • France in a big, enlarged market • Rise in flows to countries in Central and Eastern Europe - Czech Rep., Hungary, Poland, etc • Ernst & Young analysis bears out data from Invest in France observatory CII Delegation november 2003

  5. Europe and mobile international investment • Invest in France Agency set up European data-collection unit (observatory) in 2002 CII Delegation november 2003

  6. FDI in France Projectedemployment: trend for France better than for Europe as a whole (-10% vs. -29%, E&Y). CII Delegation november 2003

  7. FDI in France Automotive industry, information & communications technology and business services lead the field CII Delegation november 2003

  8. France: strengths and weaknesses E&Y and other surveys confirm France strengths: • Market • Infrastructure • Labour • R&D and innovation • Quality of life CII Delegation november 2003

  9. France: strengths and weaknesses • Market Source: OECD, DP, INSEE - IFA estimate CII Delegation november 2003

  10. France: strengths and weaknesses • Excellent infrastructure Source: Eurostat 2002 CII Delegation november 2003

  11. France: strengths and weaknesses • Excellent infrastructure CII Delegation november 2003

  12. France: strengths and weaknesses • Skilled labour CII Delegation november 2003

  13. France: strengths and weaknesses • R&D : above EU average CII Delegation november 2003

  14. France: strengths and weaknesses • Quality of life CII Delegation november 2003

  15. France: strengths and weaknesses • E&Y and other surveys also highlight weaknesses in France: • red tape • taxes and social charges …offset by high-quality and low- or zero-cost public services: healthcare, education, transport CII Delegation november 2003

  16. Main Attractiveness Measures • A wide range of reforms such as: Legislation to favour business initiatives Innovation and research (tax credit system) Decrease of tax burden (income tax,…) Adjustments to the 35-hour legal working week (overtime, clear definition of yearly-based working time for managers and engineers) New pension scheme CII Delegation november 2003

  17. Main Attractiveness Measures • New policy in favour of France’s international appeal • Attracting skills Foreign students and scientists Impatriated managers and executives Facilitation of the impatriates daily life (schooling, suppression of business permits, simplification of visa procedure, etc) • Attracting capital and investments Reducing the cost of research and development activities Make the legal framework for international investment more secure Commitment by public services to making investment projects a success Innovation and research Decrease of tax burden (income tax,…) Adjustments to the 35-hour legal working week (overtime, clear definition of yearly-based working time for managers and engineers) New pension scheme CII Delegation november 2003

  18. Main Attractiveness Measures New policy in favour of France’s international appeal • Attracting strategically important activities Corporate World and European Headquarters Culture: film industry Financial sector High tech sectors: development of research and technology networks: biotechnology, fuel cell, nanotechnology, telecommunication, software industry, etc • Enhance a new business oriented image of France CII Delegation november 2003

  19. France: excellence in key sectors Biotechnology • 270 new companies launched since 1997 • Ranking third in Europe • Annual growth of sector business 10% over the last 3 years • Sector workforce of 5,000 in 2002 • Innovation backed by outstanding research at universities and public research institutes such as INSERM for medicine and INRA for agriculture. • Two research and technology networks Genhome and Rare • Several bio-technopoles including Paris and its Region, Lyon, Strasbourg, Montpellier and Marseille, Nantes, etc • Strong support of French Public Authorities through various programs such as bioam • Launching of a 1.5 bil euros plan for research and investment in biotechnology CII Delegation november 2003

  20. France: excellence in key sectors Software and IT services • French domestic market EUR 30 billion a year • 16%annual growth over the past ten years • More than 300 000 software engineers in France • Several companies with leading positions on European and World markets including CAP Gemini E&Y, Atos Origin, IBM, EDS, Dassault systems, etc • Public and private-sector R&D resources pooled through RNTL, a Nationwide Network for Research and Technology founded in 1998 with areas of interest including security, onboard systems,simulation, etc CII Delegation november 2003

  21. Invest in France strategy and partners • A comprehensive approach to meet investors needs and expectations: • Project engineering: shared IT for processing between IFA and its Regional partners • Nationwide programme of promotion • A network of experts and information • Follow-up of companies already set up in France and head offices in Europe CII Delegation november 2003

  22. Invest in France strategy and partners • Target investments with high added value in technology and science • Focus on areas of excellence to promote regional strengths • Draw up a list of opportunities for takeovers and partnerships CII Delegation november 2003

  23. Invest in France services to investors • Information (legal and fiscal regulations, industry-specific regulations and business environment) • Complimentary, confidential and practical assistance for the conduct of projects • Assistance to maximizing applicable investment incentives • Ongoing assistance after start-up of the operation CII Delegation november 2003

  24. CONTACT US AFII Paris 2 avenue Velasquez 75008 PARIS Tel 33 (0) 1 40 74 74 40 www.afii.fr Contact : Bernard YVETOT Trade and Economic Commission 2/50 E Shantipath, Chanakyapuri New Delhi 110 021 Tel 91 11 2611 87 48 Contact: Jean-Louis LATOUR CII Delegation november 2003

  25. © AFII 2002 2, Avenue Vélasquez 75008 Paris Tel : (33) 1 40 74 74 40 Fax : (33) 1 40 74 73 27 E-mail : info@afii.fr URL : http://www.afii.fr Bernard YVETOT Executive Vice-President, Invest in France Agency CII Delegation november 2003

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