Investment plan

Macron launches a 30 billion euros investment plan “France 2030”

French President Emmanuel Macron delivers a speech during a ceremony marking the 40th anniversary of the abolition of the death penalty in France, at the Pantheon in Paris, on October 9. Photo: Reuters

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French President Emmanuel Macron delivers a speech during a ceremony marking the 40th anniversary of the abolition of the death penalty in France, at the Pantheon in Paris, on October 9. Photo: Reuters

France wants to be a leader in green hydrogen by 2030 and build new, smaller nuclear reactors as part of a € 30 billion ($ 35 billion) investment plan aimed at fostering champions industrialists and innovation, President Emmanuel Macron said on Tuesday.

Speaking six months before the presidential election, Macron said his long-term roadmap, dubbed “France 2030,” would ensure the country massively decarbonises its industry and brings industrial production closer to key areas closer to home. him.

“We have to fight the battle of innovation and industrialization at the same time,” he told a group of entrepreneurs, adding: “We need a country that produces more”.

Macron said the plan would give small, agile start-ups a key role in building France’s industrial future alongside established giants.

Highlighting a shortage of face masks when the Covid-19 pandemic first erupted, Macron said the crisis had shown, on the one hand, real vulnerability for all and, on the other hand, just how much innovation and industrial production close to home are crucial. . “We must rebuild the framework for productive independence for France and Europe,” he said.

France would aim to build the first low-carbon aircraft by 2030 and also to build a large number of electric vehicles. The € 30 billion comes on top of a € 100 billion stimulus plan announced last year to help France overcome the coronavirus pandemic, much of which has been devoted to promoting more energy policies. green.


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