Key Points

  1. The French government has launched a new economic doctrine for its overseas territories, shifting the focus from constraints to strengths.
  2. The 'Choose Outre-mer' summit brought together investors, entrepreneurs, and policymakers to promote investment and economic development in the territories.
  3. The government has signed several agreements to support economic development, including a convention with France Travail and Business France.

What is the French Government's New Doctrine for Overseas Territories?

The French government has launched a new economic doctrine for its overseas territories, aiming to shift the focus from their constraints to their strengths. The doctrine, introduced by Minister of Overseas Territories Naïma Moutchou, seeks to promote investment and economic development in the territories.

The 'Choose Outre-mer' summit, held in Paris, brought together investors, entrepreneurs, and policymakers to discuss the opportunities and challenges facing the territories. The summit resulted in several agreements to support economic development, including a convention with France Travail and Business France.

The government has also launched a new impact fund, 'Outre-mer One', which has reached its first closing of 34 million euros, exceeding its initial target of 30 million euros.

At a Glance

Minister of Overseas TerritoriesNaïma Moutchou
Introduced the new doctrine and led the summit
Fonds à impact 'Outre-mer One'34 million euros
First closing of the impact fund
Number of projects recensed100
From the 'Choose Outre-mer' summit

Behind the 'Choose Outre-mer' Summit

Behind the 'Choose Outre-mer' Summit

The summit was attended by key stakeholders, including Bruno Bonnell, secretary general for investment, and Christophe Lecourtier, director general of the Agence française de développement.

The government's new doctrine aims to promote the strengths of the overseas territories, including their unique geography, resources, and competencies.

What Does This Mean for Investors and Entrepreneurs?

Investors and entrepreneurs can take advantage of the new economic opportunities in the overseas territories by partnering with local businesses and investing in projects that align with the government's new doctrine.

The government has also established several initiatives to support economic development, including the Accélérateur Croissance and the convention with France Travail.