France Launches Public Investment Fund to Boost Defense Sector
The initiative, part of a broader EU rearmament strategy, allows citizens to invest a minimum of 500 euros, while public and private funds aim to close a 5-billion-euro funding gap.
- France's new public investment fund for defense is set to raise 450 million euros, with contributions starting at 500 euros, locked for a minimum of five years.
- Public investors, including Bpifrance and the Caisse des Dépôts, have committed 1.7 billion euros to the defense sector, with private investments being mobilized.
- The French defense industry faces a 5-billion-euro funding gap to scale up production and meet strategic goals for European defense autonomy by 2030.
- The EU has launched an 800-billion-euro rearmament plan to strengthen European defense capabilities amidst Russian threats and reduced U.S. security commitments.
- French officials emphasize that defense investments align with democratic values, national sovereignty, and long-term economic responsibility.