The Paris Region, Europe’s leading economic region

Paris Region has ranked first in the fDi European Cities and Regions of the Future 2018/19 regional ranking, clinching the top spot from previous winner North Rhine-Westphalia, which now finds itself in third place. Cathy Mullan reports.

Home to eight départments including the country’s capital, Paris Region is the jewel in the crown of France’s FDI achievements. The region attracted more than 1000 investments between October 2012 and September 2017, greater any other region in the study, and this is why it is our regional winner in the European Cities and Regions of the Future 2018/19 ranking.

More than one-quarter of the region’s investments came from companies headquartered in the US, including a €200m investment from shipping services provider FedEx Express and a new logistics centre set up in Moissy-Cramayel by Coca-Cola, which created 1000 jobs. Job creation from foreign investments in the region peaked in 2016, at almost 11,000, increasing just over 78% from the level in 2012.

In part owing to its FDI performance, the region has also ranked first of all large European regions for Economic Potential. Paris Region also boasts the highest GDP of all regions studied (more than $800bn at purchase power parity) and has the highest level of outward FDI of all regions (more than 2600 projects between October 2012 and September 2017).

The region is well connected as investors can reach 269 international destinations from its two international airports, Orly Airport and Paris Charles de Gaulle. France also performs well on the Logistics Performance Index and the Liner Shipping Connectivity Index, which, along with a high quality of overall infrastructure including rail and roads, helped the region to rank third of all large European regions in the Connectivity category.

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