France holds summit aimed at showcasing foreign investment; Other projects include electric planes and green fertilizer
mazon.com Inc., Pfizer Inc., Microsoft Corp. and Morgan Stanley are among the companies poised to boost their presence in France, with a flurry of new foreign investments to be unveiled Monday.
President Emmanuel Macron will host 180 CEOs and executives at the Château de Versailles for the “Choose France” summit. The flagship event, now in its seventh year, is part of a push by Macron’s government to re-industrialize the country, simplify its regulations to attract foreign companies and make it a financial hub for the post-Brexit European Union.
The 56 projects to be unveiled will amount to more than €15 billion ($16.2 billion) invested in total, topping last year’s €13 billion, the Elysee said on Sunday....
Morgan Stanley is expanding its European campus in the French capital, featuring a global research hub, Finance Minister Bruno Le Maire said on Saturday. The US bank already increased its Paris headcount to about 400 staff from 150 since 2021. It will add 100 staffers across all its Paris divisions, including its R&D center, which has 90 employees now and could grow to 120, according to a Morgan Stanley spokesperson. ...
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