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Brexit: Paris announces seven new skyscrapers as it steps up bid to lure London jobs
Infrastructure announcement follows an aggressive campaign to woo UK businesses, urging them to “join the frogs”
Paris has ramped up efforts to lure jobs from London as Europe’s leading business hub post-Brexit after announcing a huge investment in its main business district, La Défense.
The
French capital hasn’t constructed any buildings that are taller than 100m for more than 40 years, but in a bid to attract financial firms it will now build seven new skyscrapers in La Défense by 2021.
he towers will create 375,000 sq m of new office space as well as new restaurants and co-working areas, Defacto, the organisation which is promoting the development, said on Wednesday.
Marie-Célie Guillaume, chief executive of Defacto, said, “
Brexit represents a huge opportunity for Paris.
“With only a few weeks to go until Article 50 is triggered, we want to send a powerful message to businesses that are uncertain about their future in London,” Ms Guillaume said.
The infrastructure announcement follows an aggressive campaign by Defacto, urging UK businesses to “join the frogs”. Paris has been particularly keen to attract London’s financial firms, which fear the consequences of losing their passporting rights to trade freely across the EU.
On Tuesday Emmanuel Macron, a candidate in May’s French presidential election, said he wants British “banks, talents, researchers, academics” to move to France after Brexit.