By Sudip Kar-Gupta
PARIS (Reuters) – France said Morgan Stanley would open a new European office in Paris, while two other companies announced a combined investment worth 700 million euros ($753.8 million), as the country prepared to host a key annual foreign investment summit.
Finance Minister Bruno Le Maire said on Sunday that the new office from Wall Street bank Morgan Stanley, dubbed as its new ‘European campus’, would create 100 more jobs.
He added that German aviation firm Lilium would invest 400 million euros in a factory while Swiss-based firm KL1 would commit 300 million euros of funds in a nickel refining site. Those two investments, combined, could create more than 1,000 jobs.
Le Maire was speaking as President Emmanuel Macron was set to host the annual ‘Choose France’ event on Monday aimed at wooing big overseas businesses and investors.
The event comes as France, the euro…
