French President Emmanuel Macron announces that France has received €93 billion in foreign investment pledges at the “Choose France” summit. Bloomberg reports the total figure is presented by Macron as part of the country’s efforts to attract overseas capital. Both outlets say a major portion of the pledges comes from SoftBank Group Corp. Free Malaysia Today specifies that SoftBank’s pledge totals €45 billion, which is planned to be invested by 2031. The same source adds that the funds would be directed toward building data centres in northern France. Bloomberg highlights that the bulk of the pledged amount comes from SoftBank, aligning with Free Malaysia Today’s breakdown, though it does not provide additional allocation details beyond the emphasis on SoftBank’s contribution. The reports describe the announcements as pledges rather than completed investment, and they frame the summit as a forum for commitments from foreign investors. No other specific investor amounts, sectors, or timelines are detailed in the two provided summaries beyond the SoftBank-related data-centre plan.
Macron announces €93 billion foreign investment pledges at Choose France summit
French President Emmanuel Macron announces that France has received €93 billion in foreign investment pledges at the “Choose France” summit. Bloomberg reports the total figure is presented by Macron a...
- Macron announces €93 billion in foreign investment pledges at the “Choose France” summit.
- SoftBank Group is the largest contributor to the pledges.
- SoftBank’s pledge is reported as €45 billion.
- The pledged SoftBank investment is planned for data centres in northern France.
- The SoftBank investment is planned to be carried out by 2031.
Emmanuel Macron said the pledges include €45 billion from Japanese tech investor SoftBank, which would be spent by 2031 on data centres in northern France.
2 months agoFrench President Emmanuel Macron announced €93 billion ($108 billion) in foreign investments at the “Choose France” summit, with the bulk coming from an investment pledge from SoftBank Group Corp.
2 months ago
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