10 GOOD REASONS TO INVEST IN THE SOUTHERN PROVINCE In addition to being an island paradise, the Southern Province offers an investment- friendly environment. 1. A province with a unique strategic position - Noumea, New Caledonia’s historical, economic and political capital - Connections with regional and international players - A regional market (Small Island States - SIS, Australia and New Zealand) and a gateway to the French and European markets - A standard of living close to that of the major countries in the zone, with a GDP of 31 K€ (3.7 M XPF)/inhabitant - Administrative and judicial jurisdictions, numerous head offices (banks, insurance companies, major corporations, etc.) based in the Southern Province 3. A young, skilled population - 30% of the population is under 20 - 75% of those aged over 15 are graduates (35% have a baccalauréat and 20% are in higher education) - 70% of primary and secondary schools in the Southern Province - High-quality higher education institutions (university, business, design, health and arts schools, etc.) 2. Legal and monetary stability - A stable and secure business environment thanks to the application of French and European standards - A monetary and banking system governed by French legislation - A currency with a fixed parity to the euro 4. Entrepreneurship - Nearly 40,000 companies - Specific support and funding schemes for start-ups and innovative businesses - Sectors with strong development potential - Support for investment and employment 10
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