Italian capitals invested in French construction: that's why it's worth it.

In recent years there have been different needs that led the Italian business to move abroad, keeping in Italy only the registered office of the various companies. Situation that has brought changes from an economic point of view but also social repercussions on what is the economic-financial vision of the country.

Similarly, changes have also occurred in the building sector. Especially since 2017, Italian companies have increased their activities in the real estate sector, especially in France. The country of Lumi in fact, has approved in collaboration with the Italian Chamber of Commerce of Nice, the facilities to allow professionals to enhance their capabilities on the French territory thanks to the construction of the first ad hoc shipyards aimed at improving their professional figures.

Before analyzing the aforementioned dossier, it is necessary to understand how the French building sector is structured. Unlike the Italian one, it is much more complex to be divided into three groups:

- heavy work and supply services

-construction and promotion

- civil construction and public works

If in Italy, the sector is still stabilizing, in France it employs about 21% of the population. The only problems are related to the economic behavior of individuals who, unforeseeable, can alter the system and influence the construction, renovation and maintenance activities.

To understand the importance of French construction, it is sufficient to consider that an average of around 170 billion euros are accounted for, accounting for 1.4 million employees and 401,000 companies. The energy of the sector is particularly felt in French culture. The positive trend inaugurated in 2016 continues to persist, creating job opportunities at all levels of society. According to the FFB estimates, the views for the building trend for 2025 are as follows:

- The increase of the digital through the BIM (Building information Model) 5 and the lean management6; - Increasing unfair competition in spite of measures taken over the last 2 years, which will lead to deprivation of between 50,000 and 200,000 jobs internationally; - The increase in self-employment.

The cornerstone of this turnaround is the Côte d'Azur which in 2016 registered a turnover of 10.3 billion euros, with 63 681 companies and 103 341 subordinates. The constituencies with the highest employment rate in the sector are the Department of Bouches du Rhône, the Maritime Alps and the Var.

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