Amazon is ramping up its use of drones and robots to more efficiently deliver online orders — © AFP Patrick T. Fallon
US e-commerce giant Amazon will invest more than 1.2 billion euros in France and create more than 3,000 jobs, French President Emmanuel Macron's office announced on Sunday.
The funding will help develop Amazon Web Services' (AWS) cloud infrastructure (primarily generative artificial intelligence) and logistics infrastructure for the delivery service, the statement added.
The statement was issued on the eve of the 7th France Choice Summit, aimed at attracting foreign investors to the country. President Macron will host it at the Palace of Versailles near Paris.
Amazon did not respond to AFP's approach on Sunday and recently said it did not want to comment ahead of any announcements that might be made at the event.
The company has already announced that it will create 2,000 new jobs in France in 2024, which will bring the number of employees in the country to 24,000 by the end of the year, mainly in distribution centers.
Investment by US e-commerce giant Amazon could create up to 3,000 jobs, Elysée says – Copyright AFP SEBASTIEN BOZON
AWS is the group's main subsidiary, which generated $25 billion in revenue worldwide in the first quarter, capitalizing on growing enterprise demand for remote computing and artificial intelligence services.
Several pharmaceutical groups, including the US' Pfizer Group and the UK's AstraZeneca, announced on Sunday that they would invest more than €1 billion in additional investments in France's healthcare sector as they prepare to launch “Choose France”.
The biggest industrial project announced so far is the construction of a fertilizer factory that has the potential to significantly reduce carbon emissions.
European Union company Fertihy announced it is considering investing 1.3 billion euros ($1.4 billion) in a factory in northern France's Somme region, Industry Minister Laurent Lescure told France's La Tribune Dimanche newspaper. Told.
