Versailles: French President Emmanuel Macron announced £93 billion ($108 billion) in investments at the Choose France summit on Monday aimed at securing foreign direct investment (FDI). “A total of 71 new investment projects are being announced, and this edition of Choose France alone will generate a record £93 billion in confirmed investment and create more than 15,000 jobs,” Macron stated during a news conference at the Versailles palace.

According to Anadolu Agency, Macron highlighted that a significant portion of these investments will be directed towards data centers and artificial intelligence, signaling a strategic focus on technology and innovation. The French president further revealed a substantial £45 billion ($52 billion) investment commitment from Japanese tech giant SoftBank, with expectations of additional commitments bringing the total to £75 billion ($87 billion).

Macron expressed optimism about the summit’s success, calling it “the most successful edition yet” and “historic.” He emphasized the identification of new projects aimed at producing robots within France, which are expected to bolster the country’s innovation landscape. The summit’s outcomes reflect France’s efforts to attract significant foreign investments, underscoring its commitment to technological advancement and job creation.