Oct 12, 2021

Macron reveals €30bn plan to ‘reindustrialise’ France in likely re-election bid | Emmanuel Macron | The Guardian


Tue 12 Oct 2021 12.38 EDT


Emmanuel Macron has given a taste of his likely re-election bid by announcing a €30bn (£25.4bn) plan to “reindustrialise” France and make it a global leader on green hydrogen, create new, smaller nuclear reactors and invest in French television series and video games to challenge foreign offerings on platforms like Netflix.

Macron, who is expected to run for re-election in April but will not launch his campaign until next year, used a 90-minute speech at the Élysée to outline his long-term plan for French innovation in 2030. He sought to reconnect with his promise in the previous election to build a “start-up nation” – deliberately focusing on his favoured topic of the economy in an attempt to contrast with the right and far-right, who are concerned with identity and immigration, while the left is focusing on working hours and salary increases.


The centrist Macron said France needed to act fast to make up for a lack of investment in the past and must innovate to become a global leader on green energy, decarbonise its industry and bring production closer to home in significant areas such as biomedicine and semiconductors.


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