Good news for Bordeaux with the imminent arrival of the high-speed rail line putting the city 2 hours from Paris! This year, Bordeaux has risen to 2nd place in the ranking of the most attractive and enterprising regional cities for foreign investments. Bordeaux will of course benefit from the high-speed train but also from the major structural projects that are bearing fruit.
Bordeaux’s ranking improves by 3 places
According to EY’s annual attractiveness barometer, Bordeaux is positioned behind Lyon and ahead of Marseille, Toulouse, Nantes and Lille amongst the most enterprising cities of tomorrow.
Bordeaux’s positioning has strengthened over 3 years: Bordeaux was in 6the place in 2015, 5th in 2016 and now 2nd in 2017 with 23% of votes from the executives surveyed.
While the Île-de-France region confirms its leading role, attracting more than 1 project out of 3, the major regional cities are dynamic and have bolstered the position of France as a whole in terms of both industrial functions and high value-added functions.
France, 3rd in Europe for foreign investment
France’s attractiveness has picked up sharply in 2017. It is the 3rd European destination for foreign investments behind the UK and Germany.
2016 saw a strong increase in relocations and extensions in France scheduled by foreign investors (+30 %).
779 announced projects have created 16,980 jobs (+24 %).
Innovation is France’s main asset with several of its R&D centers being seen as equivalent to its competitors.
France maintains its 1st place in the European ranking of industrial sites, while the digital economy, energy and healthcare all earn the approval of foreign business leaders.
The image of France abroad is also on the right track, and “the image projected by French Tech is a good driver of the new French attractiveness”, says Marc Lhermitte, partner at EY.