Under the Patronage of
Vice-President and Prime Minister of the UAE and Ruler of Dubai
Provence Promotion is one of the leading economic development agency in France for the attraction of inward investments and the creation of new jobs in sectors such as Aeronautics, IT, Health, Energy and Logistics. It’s a joint initiative of the County Council and the Chamber of Commerce of Marseille Provence. Provence Promotion is experienced in helping corporations evaluate the potential of Marseille (second city of France) and the Provence County for their business set-up and expansion. With the support of the Provence Promotion team of industries experts and of key partners in technology transfer, investment, human resources and corporate real estate, Philippe Stefanini is leading 3 operations: • Marketing, prospecting and relocating companies (France, Europe, Overseas) • Supporting in-coming companies in their installation • Promoting the attractiveness of the territory Philippe Stefanini has been appointed in 2013 as the CEO of this organization. Before moving into his current position, he has acted as the CEO of Team Côte d’Azur. He succeeded in ranking the Sophia Antipolis Science Park in the top 5 European destinations for the R&D investments in the Mobile Communications sector. Previously, Philippe Stefanini had developped one of the largest business and creative district in Southern Europe known as “Euroméditerranée” (10 000 new jobs). In this position he supported the creation of new operations for industries such as Shipping, Finance, Telecom and Media. Previously, he held others positions such as Managing Director of the IT cluster of Montpellier and Internal Auditor for Thomson, the French leader in electronics. Philippe Stefanini was the founder of the Montpellier International Conference on Virtual Reality and he published a book on the management of the information technologies. He graduated from Marseille Business School and he holds a Master of Auditing of Aix Marseille University
14:00 - 15:00
FDI Pillar Session 4 - Greenfield Investments or M&A: What’s your take?
The long-term slide of greenfield investment in manufacturing halted in 2018, with the value of announced projects up 35 per cent from the low value in 2017.
The global M&A market remained strong in 2018 with announced transaction volumes reaching $4.1 trillion, the third highest year ever for M&A volumes.
Greenfield investment and M&A are showing good signs of growth over the previous years of slumps, what is the future outlook of these investments and what can policymakers do to attract MNCs to invest in their countries.