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FINANCIAL NEWS
GCC countries create 500 new jobs in France in 2013
26 May 2014
(MENAFN) Projects of the Gulf Cooperation Council (GCC) countries in France have opened the doors to 500 new jobs in 2013, according to the Emirates 24/7.
Invest in France Agency (IFA), the national agency responsible for promoting and facilitating international investment in the country, said: “France continued to attract investments from GCC with 13 investment projects in 2013, enabling 514 jobs to be created or retained. Saudi Arabia and the UAE remained the leading source country in GCC with 8 projects. Other GCC countries, including Qatar and Bahrain, recorded rises.”
The agency added: “Investment projects from GCC are mainly related to production activities (chemical industry, plastics, aeronautics) and decision centers (primo-implantation). The structure of investment projects has increased added value with the establishment of two R&D centers.”
In 2013, France attracted 685 new projects, compared with 693 a year earlier. These investment decisions enabled 29,631 jobs to be created or retained, up from 25,908 in 2012.
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