Normandy reinforces its attractiveness.
📈The results from 2023 indicate a significant growth in the attractiveness of Normandy for foreign investors, as well as a positive impact on local employment.
Unlike previous years, this year most projects concern the creation of subsidiary companies.
📍Why do foreign companies invest in Normandy?
Normandy stands out for its economic competitiveness, easy access to clean energy and a strategic location, easing commercial trade both within France and abroad.
With a raft of innovative sub-contractors, a diversified and dynamic economy, sector led groupings, a well-developed transport network, alongside a highly renowned excellence in research and industry, Normandy attracts industrial projects from across the globe.
📢 Which countries?
Among the 22 countries investing in Normandy in 2023, the four leading countries are:
- Germany with 27 projects,
- United States with 17 projects,
- Italy with 12 projects – tied with the United Kingdom, also with 12 projects.
It is worth noting that most investments come from Europe (70%) and the United States (16%).
📢 What are the trends in Normandy for investments?
📈 In 2023, Normandy saw the following growth areas for foreign investments:
- The number of foreign investment projects grew by over 51%, from 76 projects in 2022 to 115 projects in 2023.
- The number of jobs safeguarded or created through these investments increased by over 41%, from 2 316 jobs in 2022 to 3 269 jobs in 2023.
The total number of jobs generated by these 115 foreign investments in Normandy is 3 269.
In 2022, the region welcomed 76 foreign investment projects and safeguarded 2316 jobs.
What type of investments?
The creation of subsidiaries in Normandy is higher than expansion projects, or takeovers.
- Creation: 59 projects,
- Expansion or takeovers: 56 projects,
For example :
