France is the world’s 5th largest economic power. After the two world wars, a transformation was witnessed in the French economy. The agri-centric economy started focusing on industrialization. But the modern France has a lot to offer to foreign investors who want to invest in the country and especially in its agriculture sector. With its favorable economic policies, France has a lot to offer to foreign companies. The new investment opportunities in France have opened new doors for translation companies and translators.
After World War II, it was amongst the first priorities of the French government to develop its backward economy by modernizing the agriculture of the country. A lot of labor force was required at first, to work in the factories that the country was setting up. France was doing its best to completely industrialize itself like other European countries. France’s agricultural revenues have always been an essential part of its economy and it shapes the country’s international role. Foreign investors have always taken keen interest in making bold investments in France. Their confidence comes from France’s stable economy and its investment laws. Foreign investors hoping to invest in the French market would need French translators as the people do not speak any language other than their own.
The country is famous for its tourism industry and its chic restaurants and rich culture. The tourism industry alone brings revenues of billions of dollars every year. But it might be interesting to know that the country is world’s second larger exporter of agricultural products. It is world’s sixth largest producer of agricultural goods too. The country’s climate is fit to grow a number of crops. Southern France is famous for its vineyards and the country not only earns revenue by selling the crop, the area is also a center of attraction for the tourists who specially come to see the vineyards and taste the wine of Southern France and hitch hike across the mesmerizing landscape. Wheat is cultivated in abundance in North of France whereas pork, poultry, beef and dairy products are mainly concentrated in the West of France. Companies involved in the manufacture of farming implements consider France to be a big market for them. Nicolas Brusson, a French businessman thinks that France is a good place for new investors. “The reality is we get lots of help, lots of funding and subsidies. In terms of initial funding, France is one of the best places.” With an ever-increasing interest in cross-border investments, many multinational companies are planning to invest in the country. It only would require a detailed preparation, including field trips to get an idea about the country’s economy and its investment laws. Translation companies would play a key role in making it easier for the foreign investors to communicate with the natives.
But entrepreneurs of big companies as well as small investors have been scrupulous about some of the measures taken by the government that don’t carry forward a positive message. France is in need of new investors to set up new companies to create new job opportunities for the workers that have been laid off after the economic recession. The country also needs to review its economic policies that have discouraged investors. On the other hand, Francois Tison is of the view that the state gives “good incentives” to foreign investors.
In the European Union, France is the largest agricultural superpower. The agriculture sector of the country is still highly subsidized, and it is good news for those wanting to invest in agricultural France. The state has a policy of giving tax reductions on food products. The country also holds opportunities for French translators and translation service companies who also want to invest in setting up their regional offices in the country.
