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Hubstart Paris Alliance and Shanghai Free Trade Zones Administration Sign Cross-Promotion Agreement to Create FDI Opportunities


News provided by

Locations4business

17 Dec, 2012, 16:13 GMT

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PARIS, December 17, 2012 /PRNewswire/ --

Under the Hubstart Paris brand, which promotes the Paris region's strengths, the Paris Charles de Gaulle international airport area signed a memorandum of understanding in November of 2012 with Pudong Shanghai in China that will accelerate the cross-promotion of international investment in the two airport areas and build a partnership between the two entities.

While the romance of Paris defines the city, the city and the entire region of which it is a part are global investment powerhouses, attracting international investment from the entire world. Investment is spread around the economically active greater Roissy region, which includes Seine et Marne, Seine Saint Denis and Val d'Oise, all located within 30 kilometres of Paris proper and which is a leading airport city corridor region as a business and investment gateway.

Greater Paris region: Investment hub on an international scale

With Hubstart Paris as a leading gateway to the entire Paris region, encompassing more than 260,000 private sector jobs, exhibition space, business parks and excellent transportation options, the cooperation between Hubstart Paris and Pudong Shanghai makes sense. The agreement between the two entities aims to take advantage of the economic strength of both regions and leverage cross-promotional opportunities for both. Each economic area has seen particularly robust growth thanks to their proximity to the international airports in their regions. By signing a cooperative agreement, Paris and Shanghai aim to encourage foreign investment in the set-up and expansion of international business in and around both major airport hubs.

The Paris CDG region is one of France's greatest economic engines, home to major companies, such as Air France-KLM, FedEx, EADS, L'Oreal, Servair, Alstom, PSA and Dassault Aviation. The Paris region is the biggest regional economy in Europe. Partnering with Shanghai, one of China's most dynamic economic areas, is illustrative of the strength of both regional economies.

"It is difficult to measure the value of taking advantage of the investment possibilities of the Paris region. The region accounts for more than a third of the total French GDP - locating a business, trade or activity in the Paris-Roissy airport region offers a convergence of ideal location in France and in Europe with lower costs than in Paris itself. The infrastructural advantages offered by Hubstart Paris are unparalleled in this part of the world," Locations4business's chief editor, Erika Wolfe, stated. "The Hubstart Paris alliance partnering with the Shanghai Pudong region will allow both entities to leverage their individual strengths to cross-promote the assets they both possess in abundance."

Locations4business is an online B2B platform that offers independent, third-party site selection andlocation information to help companies research and make decisions on locating their business operations.

Visit Locations4business to learn more about Hubstart Paris and investing in the greater Ile de France region: http://www.locations4business.com/europe/france/paris-region/hubstart-paris/

http://www.locations4business.com


 

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