Pourquoi Paris Ile-de-France



ASSETS


1) Europe's Strategic center for Business


Video Christine Lagarde:

  • Total GDP of € 481 Bn and direct access to around 450 Mn consumers within a 500 km radius;
  • Represents 1/3 rd of France 's GDP, more than Denmark 's or Belgium 's;
  • 2 nd largest recipient of Forbes 500's companies (after Tokyo , but before New York ).
  • Highly diversified economy with strongholds in aeronautics, automobile, IT and agrifood industries.
  • A recognised political stability and legal security

2) Outstanding transportation infrastractures


 

 
  • Largest continental Europe airports in both air traffic and passengers carried & linked with 530 cities in 135 countries;
  • High-speed railway network, which brings most major European cities within a 4 hours train-trip range (France's TGV hold the world record and its top speed at use is 320 km/h );
  • 12,000 km of roads & 700 km of highways.

3) High quality employement


Video Pascal Brier, Deputy Managing Director, Altran:

  • Europe 's biggest employment pool (5.6 Mn people of whom 25 % have managing positions).
  • Paris ' 100 nationalities workforce has the highest per capita GDP of Europe
    (€ 41 000).
  • FT's master of management 2008 survey ranks 4 Greater Paris business schools among the 10 best in the world (among them ESSEC, HEC and ESCP-EAP), furthermore it ranks Paris INSEAD's MBA second in Europe.
  • Its engineering schools are world famous (Polytechnique, ENPC, Centrale, ENST...).

4) Europe's R&D leader


Video Valérie Pécresse, Minister for Higher Education and Research:

  • 5th highest concentration of researchers in the world (over 130 000), noticeably more by inhabitant than the Silicon Valley ;
  • R&D expenditures (€ 14.5 Bn) represent 7.5 % of Europe 's total investment in R&D;
  • The best research tax credit in Europe

8 world-class clusters in high technologies:


Advancity
ASTech Paris Region
Cap Digital
Cosmetic Valley
Finance Innovation
Medicen Paris Region
Mov'éo
Systematic Paris Region

5) The major financial market at the heart of Euroland


Video Philippe Lagayette, Former Chairman, JP Morgan:

  • World's largest and most liquid stock exchange group (total capitalization reached USD 30.3 Bn and USD 139 Bn worth of equity were traded daily at the end of 2007).
  • Euronext has the largest market capitalization of the Eurozone;
  • Greater Paris is Europe's second biggest location for venture capitals, second to London.
  • Paris: an increasingly attractive place for Islamic Finance (download the document)

6) Diversified and competitive commercial real estate


Video Benoit du Passage, Chairman, Jones Lang Lassalle France:

  • Europe 's largest office market and the world's second (total surface reaches 50 Mn sq. m.).
  • High-end office space is two times more affordable compared to London 's.
  • Over 4 Mn sq.m. of commercial real estate were sold in 2007.

7) The world's capital of conventions and trade fairs


Triangle project:

  • Hosts around 2 000 business-related events;
  • Welcomes over 10 million business visitors every year.
  • Biggest exhibition surface in the world.
  • 3.3 % of the world's market shares for conferences (number one).

8) State of art Telecom


Video Eric Surdej, Managing Director, LG:

  • Most affordable place in Europe for DSL and the area covered by optical fibre is the widest in Europe .
  • All municipalities are connected to the ADSL 2+ network and 3G+ coverage is total.

9) World capital of tourism


Video Philippe Gas, Chairman, Disney:

  • 45 million visitors in 2007: the most visited city in the world.
  • The biggest number of tourist in Europe (153 000 rooms and 2 500 hotels).

10) Exceptional living conditions


Video Patrick Thomas, Chairman, Hermès:

Video Philippe Houzé, Chairman , Galeries Lafayette:

  • WHO ranked France second for medical care.
  • Ranks 1 st for lifestyle in the world (ahead New York ) according to Price Water House Coopers.
  • Very low natural hazards : earthquakes, floods, tsunamis, …

 

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