France has announced a record â¬20 billion in new investment projects, which includes major commitments from US logistics giant Prologis and Emirati investors. Notable investments include â¬6.4 billion from Prologis for data centres and a â¬50 billion data infrastructure project involving â¬8 billion from Emirati investors. Additionally, Netflix highlighted its importance to France through extensive hiring for local productions. The government is also reforming the textile recycling sector, while the French president, Macron, will host discussions with various global business leaders to address artificial intelligence and energy transitions.
Netflix chief executive Ted Sarandos stated that France remains 'very important' for the platform, emphasizing its extensive employment of local talent for productions.
Emirati investors are committing â¬8 billion as part of a larger â¬50-billion data infrastructure project, previously flagged in February, indicating a significant foreign investment.
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