In a significant boost to France's economy and technological infrastructure, the Choose France summit has become the stage for announcing billions of euros in foreign investments. Leading the charge, the American logistics giant Prologis has unveiled plans to invest 6.4 billion euros in warehouses and data centers across the country. This move is set to create thousands of jobs and significantly expand France's logistics and digital infrastructure capabilities.
Parallel to Prologis's announcement, Canadian firm Brookfield has confirmed an investment of up to 10 billion euros in an artificial intelligence (AI) infrastructure site located in Cambrai, in the Nord region. This project is expected to generate nearly 4,000 direct and indirect jobs, marking a substantial commitment to France's AI sector. These investments underscore the growing confidence of international companies in France's economic landscape and its strategic position in Europe.
The Prologis investment is particularly noteworthy for its scale and scope. The company plans to develop 750,000 square meters of warehouses by 2028, targeting key markets such as Marseille, Lyon, Paris, and Le Havre. Additionally, Prologis aims to expand its data center capacity in the Paris region with four major projects, totaling 584 megawatts. These developments are part of Prologis's broader European strategy, which already includes 435 MW of secured capacity, with 184 MW in France.
These announcements at the Choose France summit highlight the country's appeal as a destination for foreign investment, particularly in high-tech and logistics sectors. With the French government's support, these projects are expected to not only enhance France's infrastructure but also create a significant number of jobs, contributing to the country's economic growth and technological advancement. The full operational launch of these projects is anticipated by 2035, promising long-term benefits for the French economy and its workforce.