Nice, Cannes and Grasse to benefit from France’s “sustainable industrial recovery” plan

Over 180 historically “industrial” areas of France, including towns and cities on the French Riviera, have been selected to be part of the Territoires d’Industrie programme, which is committed to bring back investment in a green and sustainable way. 

All part of a strategy to accelerate the ecological and energy transition of former industrial areas of France, the Territoires d’Industrie scheme aims to revitalise the local economies of zones across the country that have struggled in the wake of deindustrialisation.  

Co-led by Industry Minister Roland Lescure, Ecological Transition Minister Christophe Béchu and Communities Minister Dominique Faure, the programme will pour up to €100 million into the 183 areas involved during the course of 2023, with further promised engagement until at least 2027.  

The programme is now in its sixth year and Phase 2, having officially begun in 2018. Some 44,000 jobs have already been created or will soon be created thanks to the investments already made in various projects backed by the scheme, which number as many as 2,400. 

Phase 2 has expanded the programme by an additional 50 locations, including the two local Nice Côte d’Azur and Grasse-Cannes-Sophia Antipolis agglomerations.  

Aside from increasing the number of zones, Phase 2 will also provide every area with a dedicated project manager, who will be tasked with supporting businesses and new developments in their projects. 

The projects must adhere to strict criteria to receive funds from the “green financing” packages available and be “environmentally ambitious”.

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