Paris remains the third most influential city in the world, after New York and London, according to the Global Cities 2017 survey conducted by consulting firm A.T. Kearney. The city’s two main advantages are information exchange and business activity.
Projections about cities’ future potential place Paris once again in third place, this time ahead of San Francisco and New York – up a full six places from 2016.
This optimistic forecast reflects an improving economic outlook, largely propelled by rising foreign direct investment and moderate improvements in infrastructure. Paris also made headway with regard to innovation, increasing the number of business incubators in the city and enjoying substantial growth in private investment from venture capital and private equity firms. In addition, Paris continues to stand out for quality of life, another factor that enhances its attractiveness to investors considerably.
If you’d like to find out more, click here to read a summary (in French) prepared by Business France looking at the key findings of the report.