LACoMotion Mobility Festival Leadership Conference

On November 15-19 2017, Alexandre MISSOFFE, Director general of Greater Paris Investment Agency, took part to LACoMotion Mobility Festival Leadership Conference. He reminded the audience of the tremendous impact of new mobilities on economic development while presenting the Greater Paris scheme.

A panel of international experts estimated the socio-economic impact of investment around the future stations of the Grand Paris Express metro network at 100 billion euros, thanks to multiple positive externalities such as increased fluidity of the labour market and environmental benefits.

Profits on real estate contribute to balancing the project by funding the infrastructure. Administrative innovation: the company in charge of the infrastructure is also in charge of developing neighbourhoods around the stations.

New usages are central in the implementation of the Greater Paris project, providing users with faster, more secure and more confortable journeys. Stations and new advertising supports also contribute to the funding of the project.