Friday, September 13, 2013

Hollande is aimed at robots, driverless cars to the revival of the French industry

PARIS, 12 September Reuters) - François hollande on Thursday to the French industry by promoting new technologies to the creation of jobs with the revival created a 10-year timetable, but offered little public money from stretched state coffers.

Socialist President, whose 2014 vowed State budget that next month to focus expenditure restraint, to turn, as he called it, a "lost decade" of conservative rule in which domestic industries fled roughly 700,000 jobs back.

But instructs the system to private investment and the Government Act as a coordinator to bolster growth in 34 areas of driverless cars on electric machines and a new generation of high-speed trains.

"France is a nation of inventors, engineers and producers," said hollande, citing France's role in past centuries and decades in the development of technologies from the steam engine to the hot-air balloons and rechargeable batteries.

"We have to remain duty," he added, however, that the plan no return to a State-directed industrial policy "has turned statist" was the 1960s and 1970s years with so-called.

France new public investment bank on the one hand to provide credit for innovation – no amount has been specified - but representatives declared that they invested with 10 euros from private investors increases accordingly hoped every euro of public funds.

State-appointed "industrial officers" will collaborate with companies and French projects the past successor to develop, as the supersonic Concorde or high-speed TGV urge train - both fruits of the funded research projects.

Stuck with about 10 percent unemployment and the Government forced this week its 2014 lower growth forecast hollande is struggling to raise his poll numbers about 30 percent. He hopes that such purposeful display optimism helps raise hopes for the future among the French.

While officials say 475,000 jobs created or, if your roadmap can be followed by more than 10 years, current data the Statistics Office INSEE remains but grim, with 49.600 industrial jobs lost in the year to August, after.

DRIVERLESS CARS, ELECTRICAL MACHINES

Presented the most new designs hollande on the trade fair car parts Valeo or air built by industrial giants such as car manufacturer Renault,- and vast EADS Group.

Flanked by industry Minister Arnaud Montebourg, showed robot technology, models for an electrical machine, hollande built by EADS, driverless car by Renault-Nissan and an ultra-efficient vehicle Peugeot laboratories, developed in that retail would tested with 15,000 euros ($20,000).

Currently both Peugeot and Renault production in France because of high labour costs continue to struggle and adapt employment laws, to make difficult personnel strength.

Montebourg it lacked no ideas for the promotion of industry, production costs in France for example, create an online tool to help companies that have relocated abroad to recalculate.

But clear successes are deceptive, despite his statement after 10 months of work, that his mediation with vulnerable companies saved some 60,000 threatened industrial jobs.

More jobs to come still France as home. Figures from the March showed that businesses 44, production, since 2009 was returned, had outsourced activities 267, after France according to the Observatoire de l' Investissement. ($1 = 0,7518 Euro)

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