The review of investment decisions supported by Team Côte d’Azur in 2014 highlights the attractiveness of the region to both French and foreign investors in its technology and service sectors.
Team Côte d’Azur supported 31 investment decisions in 2014, creating 450 jobs:
31 decisions for company setups and site expansions from 10 countries were supported by Team Côte d’Azur, making this one of the best results recorded since 2007.
450 jobs are expected within three years as part of these business setups: the number of anticipated jobs is slightly down as decision-makers tend to be cautious in their predictions, sometimes even underestimating their future growth.
The locations are distributed between the Metropolis Nice Côte d’Azur (for the first time the majority, with 18 investment decisions highlighting the dynamism of the Eco-Vallée), Sophia Antipolis (10), Grasse (2), and Cannes (1).
Geographically, the year 2014 is marked by the renewed importance of European and American investments on the Côte d’Azur:
Europe, particularly the Nordic countries, as well as Eastern Europe (Ukraine) and Southern Europe (Spain), represent 32% of the projects and 39% of the jobs.
France accounts for 40 to 45% of the investment decisions supported by Team Côte d’Azur.
The United States, which was scarcely present in the 2013 results, has also made a comeback with 6 setups.
China and Mauritius complete this picture with two investment decisions.
Foreign direct investment decisions confirm the international attractiveness of the Côte d’Azur region, with 18 new foreign setups in 2014 accounting for 270 jobs.
