Texas Delegation Foremost Company Advancement Mission To Europe | Business of the Texas Governor

September 26, 2022 | Austin, Texas
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Push Release

Governor Greg Abbott these days declared a Texas delegation is primary a company advancement mission to Europe from September 26-29 to meet with small business leaders in London, England, Paris, France, and in the Frankfurt location of Germany and to host functions showcasing Texas as the finest point out in the United States to do business enterprise.

The Texas delegation incorporates Texas Very first Girl Cecilia Abbott, Texas Secretary of State John Scott, Government Director of the Governor’s Texas Economic Development & Tourism Place of work Adriana Cruz, and President & CEO of the Texas Economic Progress Corporation Robert Allen, in addition to a dozen other financial enhancement leaders from across the state.

“Texas actually is a magnet for revolutionary field leaders,” said Governor Abbott. “As the major state for attracting work-generating worldwide investments and dwelling to extra Fortune 500 headquarters than any other point out, Texas gives unmatched working advantages—a helpful business local climate and a younger, varied, proficient, and escalating workforce. Alongside with effortless accessibility to world marketplaces, a sturdy infrastructure and transportation network, predictable regulations, and all round economic power, Texas has developed a framework exactly where businesses can flourish and Texans can prosper. I thank the Initially Girl, Secretary Scott, our economic development teams, and all of the associates of the Texas delegation for representing the fantastic point out of Texas, and I glance forward to welcoming far more new work and additional new enterprise investments to the Lone Star Point out.”

The United Kingdom, France, and Germany are vital trade partners with Texas and are among the best nations around the world for overseas immediate investment initiatives in the Lone Star State. Shared industry strengths include aerospace and aviation, producing, pharmaceuticals, data technological innovation, and extra.

More than the past decade, international investments in Texas involve:

  • United Kingdom providers reported 341 financial investment jobs in Texas, anticipated to develop $5.5 billion in money financial investment and far more than 14,500 new employment
  • French providers noted 85 investment decision assignments in Texas, predicted to build $5.9 billion in money investment decision and far more than 7,000 new employment and
  • German businesses described 154 expense initiatives in Texas, envisioned to create $9.8 billion in cash investment and additional than 12,600 new careers.

The enterprise development vacation is sponsored and paid out for by the Texas Economic Enhancement Company.

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