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ASSETS
1) Europe's Strategic center for Business
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Video Christine Lagarde: |
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- 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
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2) Outstanding transportation infrastractures
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- 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.
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3) High quality employement
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Video
Pascal Brier, Deputy Managing Director, Altran: |
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- 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...).
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4) Europe's R&D leader
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Video Valérie Pécresse, Minister for Higher Education and Research: |
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- 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 |
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| ASTech Paris Region |
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| Cap Digital |
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| Cosmetic Valley |
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| Finance Innovation |
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| Medicen Paris Region |
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| Mov'éo |
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| Systematic Paris Region |
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5) The major financial market at the heart of Euroland
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Video Philippe Lagayette, Former Chairman, JP Morgan: |
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- 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)
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6) Diversified and competitive commercial real estate
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Video Benoit du Passage, Chairman, Jones Lang Lassalle France: |
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- 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.
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7) The world's capital of conventions and trade fairs
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Triangle project: |
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- 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).
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8) State of art Telecom
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Video Eric Surdej, Managing Director, LG: |
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- 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.
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9) World capital of tourism
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Video Philippe Gas, Chairman, Disney: |
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- 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).
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10) Exceptional living conditions
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Video Patrick Thomas, Chairman, Hermès: |
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Video Philippe Houzé, Chairman , Galeries Lafayette: |
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- 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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