The French stimulus plan is the subject of such a request that the credits provided for this title for 2021 will be committed as of December, indicated on Monday the Minister for Industry Agnès Pannier-Runacher.
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The entire envelope of 550 million euros planned for 2020 will be committed within a few days and the minister has decided that an additional 250 million will be released in advance from this year, according to a statement from Bercy.
"The stimulus plan has met with impressive success
,
"
assured the minister during a visit to the manufacturer of components X-FAB in Corbeil-Essonnes, south of Paris.
Thanks to the aid from this plan, this Belgian group was able to equip itself with new machines to produce components intended for the automotive industry, until then manufactured in Malaysia.
According to Bercy, more than 3,500 eligible projects have been completed by companies since this summer and more than 6,500 files have been opened on the dedicated platform of the public bank Bpifrance.
"When we know that there are a little more than 30,000 industrial companies in France"
, this means
"that more than 10% of companies today are carriers of investment, therefore risk-taking"
, according to Agnès Pannier- Runacher.
2.3 billion euros in industrial investments
"We did not think we would have so many requests in 2020 because we thought that companies would be stepping on the brakes in terms of investments,"
the minister told AFP.
“To date, 520 projects have already been decided, for nearly 500 million euros in aid and 2.3 billion euros in industrial investments
,
”
Bercy explains.
Industrial companies
"have understood that despite the crisis, they had to invest if they wanted to emerge stronger than their competitors from the crisis"
, according to Agnès Pannier-Runacher.
Faced with criticisms according to which this plan would be too focused on the industrial sector alone, she replied that
"industry is only a little more than 10% of French GDP but it is perhaps 90% of exports, more two thirds of R&D is the backbone of the economy ”
.
She adds that
"an industrial job creates four to five induced jobs"
and that reindustrialisation also makes it possible to meet a political objective by revitalizing territories which had been abandoned by several decades of deindustrialization.
