Invest in Madrid launches a series of events that bring together public and private agents to analyze investment by countries and specific cases, to anticipate trends and strengthen ties. The first of these, organized in collaboration with the Franco-Spanish Chamber, focused on France.
Invest in Madrid has launched the FDI Insights event series, bringing together chambers of commerce, investment analysts, social agents, and the General Secretariat for Foreign Investment of the Ministry of Industry, Trade, and Tourism, to analyze current investment data, anticipate trends, and explain specific investor cases and needs.
The first of these events addressed investment from France. The neighboring country, with historic commercial and economic ties to Spain, is the second largest investor in stock – accumulated investment – in the Community of Madrid. In 2022, 2,257.5 million euros from French companies entered the region, placing France in third position as an investor country only behind the US and the UK.
But the most relevant data is related to employment. The more than 2,000 subsidiaries of French companies present in our Community employ 127,000 people. France thus ranks first as a job creator in the Community of Madrid.
These data were presented and explained in this first FDI Insights event by Sifdi and the General Secretariat for Foreign Investment of the Ministry of Industry, Trade, and Tourism, who also explained the methodology of Data Invex (the Ministry’s public database) for obtaining statistical and comparative data on foreign countries’ investment in Spain.
The event concluded with a round table where various common scenarios encountered by French companies operating in the Community of Madrid were discussed. Some of the local partners working with French companies, such as banks or law firms, explained the main issues these companies face. For this, collaboration was provided by law firms such as Cuatrecasas, CECA Magán, or Mazars, or banks such as Credit Agricole CIB.