🇫🇷 France – a land of promise… and investment! 🇫🇷

We’ve always had a soft spot for France. And not just for the food, wine, art, people, scenery or castles – although those are all very good reasons. (Remember our trip to Paris and Val Thorens?) We also love the country’s spirit of creation and innovation – which continues to shine through in the latest annual report from Business France.

The “2024 Annual Report: Foreign Investment in France” was released on 1 April 2025 and confirms what we’ve long believed: France is resilient, open, and still very much a land of opportunity.

Despite a challenging global economic environment, France secured 1,688 foreign direct investment decisions in 2024. These projects will create or maintain 37,747 jobs over the next three years. Even though this represents a slight drop from the previous year, it still outperforms pre-Covid levels – and far exceeds the investment declines seen elsewhere in the world.

What’s more, 28% of investors in 2024 were newcomers to France, including 85% of African and 38% of Asian firms investing in the country for the first time. Two-thirds of these projects were supported by Business France – showing the vital role they continue to play in bringing investors into the fold.

The projects span manufacturing (28%), retail (22%) and decision-making centres (18%). The AI sector is booming, with 43 AI-related investments in 2024 compared to 28 the year before. The number of R&D and engineering roles created also rose by 9%, reinforcing France’s reputation as a global hub for innovation.

And we’ve seen it ourselves. We have a long-standing relationship with Château de Montflour, a beautifully rustic property in the heart of France – Tardes, in the department of Creuse, to be precise. (A few CN&CO team mates will be heading to the château in the near future. Watch this space for a full feedback blog!)

Rural France has its fair share of ruins and restoration challenges, but also a remarkable community of South Africans who are bringing new life to old properties. Many run shops, offer services and spend months each year enjoying – and contributing to – French life.

We’re also involved in a few exciting business initiatives in France, including work with Business France. The resilience and attractiveness of the French economy highlighted in this report only confirm what we already know: this country offers incredible opportunities – for lifestyle, for business, and for building something truly special.

For more on the report and its findings, visit www.businessfrance.fr.

Colin is our resident wordsmith. He can write absolutely anything and loves to read, too. He even has his own book club.