PARIS, May 12 (Reuters) - Leading healthcare companies
Pfizer ( PFE ) and AstraZeneca ( AZN ) announced on Sunday new
investments in France worth a total of nearly $1 billion, ahead
of the start of this year's annual 'Choose France' business
summit.
Pfizer ( PFE ) said it would invest 500 million euros ($538.5
million) in France to build up its research and development work
in the country, while AstraZeneca ( AZN ) announced an investment of
$388 million for its site at Dunkirk.
Their investment pledges came as President Emmanuel Macron
prepared to kick off on Monday the annual 'Choose France' event
aimed at wooing big overseas businesses and investors.
France announced earlier on Sunday 100 new jobs in Paris at
Wall Street bank Morgan Stanley ( MS ), and investments from
other firms such as German aviation company Lilium.
Macron wants to burnish Paris' role as a top European
business capital, although it has traditionally lagged New York
and London on a global scale.
The closely watched Z/Yen survey of global financial
centres, published in March, ranked New York as the world's top
financial centre, with London in second place. The survey ranked
Paris in 14th position.
($1 = 0.9286 euros)