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    France's Macron Taps Engie CEO for Railway and Ports Project | FinOracle

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    France's Macron Taps Engie CEO for Railway and Ports Project | FinOracle

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    France's Macron Taps Engie CEO for Railway and Ports Project | FinOracle

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France’s Macron Taps Engie CEO for Railway and Ports Project

French President Macron appoints Gerard Mestrallet as special envoy to rival China's Belt and Road initiative with a major railway and ports project. The India-Middle East-Europe Economic Corridor aims to connect Middle East countries through railways and ports, reducing shipping times and costs. The project has already gained support from the EU, Saudi Arabia, the UAE, the US, India, and other G20 nations.

by Mark Eisenberg
Mon, Feb 12, 2024 2:58pm
in Business
• 1 min read
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France's Macron Taps Engie CEO for Railway and Ports Project | FinOracle

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France Appoints Special Envoy to Railway and Ports Project

French President Emmanuel Macron has appointed former Engie CEO Gerard Mestrallet as a special envoy to a major railway and ports project aimed at rivaling China’s Belt and Road initiative. Macron’s objective is for France to emerge as a key player in the project, ensuring that French companies are well-positioned in the early stages.

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