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Macron prepares to kick off 'Choose France' event

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Amazon ( AMZN ) to announce new 1.2 bln euro investment

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100 new jobs at Morgan Stanley Paris office

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Pfizer ( PFE ), AstraZeneca ( AZN ) announce investments

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Le Maire to meet top Wall Street bank CEOs

(Recasts with investments from Amazon ( AMZN ), Pfizer ( PFE ) and adds detail)

By Sudip Kar-Gupta and Elizabeth Pineau

PARIS, May 12 (Reuters) - France secured on Sunday new

jobs and investments with Internet giant Amazon ( AMZN ),

healthcare company Pfizer ( PFE ) and Wall Street bank Morgan

Stanley ( MS ), as the country prepared to host a key foreign

investment summit.

President Emmanuel Macron kicks off the annual 'Choose

France' event, aimed at winning big business from overseas, on

Monday. The 2023 edition raised 13 billion euros ($14 billion)

of foreign investment.

The French presidency said on Sunday that Amazon ( AMZN ) would

announce an extra 1.2 billion euro investment in France which

could create 3,000 new jobs, while healthcare companies Pfizer ( PFE )

and AstraZeneca ( AZN ) announced new investments worth a total

of nearly $1 billion.

French Finance Minister Bruno Le Maire added that Morgan

Stanley ( MS ), which plans to raise its overall headcount in Paris to

500 by 2025, was adding 100 staff in the French capital.

Macron wants to burnish Paris' role as a top European

business capital. The French economy, the euro zone's second

largest, faces pressure over its budget deficit, while its

first-quarter growth was just 0.2 percent.

COMPETITION FROM U.S., CHINA

Paris has traditionally lagged New York and London as a

global financial hub, with the closely watched Z/Yen survey

published in March ranking New York as the world's top financial

centre, with London in second place.

Le Maire said France and the European Union as a whole still

had to do more against competition from China and the U.S., with

French oil major TotalEnergies saying last month that

it was looking at having its primary stock market listing in New

York.

At an EU meeting in Brussels this week, Le Maire said he

would reaffirm the need for a capital markets union to

facilitate investments in new areas of the economy such as

renewable energy and artificial intelligence.

"Europe needs money. If not, it will continue to lose out in

terms of productivity to the United States and China."

Le Maire added that as part of the 'Choose France' event, he

would host meetings on Monday with the CEOs of JPMorgan ( JPM ),

Goldman Sachs ( GS ), Morgan Stanley ( MS ) and Bank of America ( BAC )

, among others.

"These roundtables will give us an opportunity to once again

reach out to the big financial investors so they can continue to

set up sites in Paris and finance the major industrial and

economic projects on which we are working with the President,"

said Le Maire.

($1 = 0.9286 euros)