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Georgia’s business advantage. Georgia 8 th largest state in the U.S., population 10 million Population grew by 17%, or 1.4 million people Atlanta 9 th largest metro in the U.S., population 5.5 million Southeast Region GDP grew by over $1 trillion - PowerPoint PPT Presentation
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GEORGIA’S GEORGIA’S BUSINESS ADVANTAGEBUSINESS ADVANTAGE
GLOBAL ACCESSGLOBAL ACCESS: : STRATEGIC LOCATION IN A GROWING REGIONSTRATEGIC LOCATION IN A GROWING REGION
Georgia– 8th largest state in the U.S.,
population 10 million– Population grew by 17%,
or 1.4 million people
Atlanta – 9th largest metro in the U.S.,
population 5.5 million
Southeast Region– GDP grew by over $1 trillion – Population grew by almost
9 million
WHY GEORGIAWHY GEORGIA: : A ROBUST ENVIRONMENT FOR BUSINESSA ROBUST ENVIRONMENT FOR BUSINESS
► Georgia’s Key Business Assets:
► Access to Global Markets
► First Class Workforce
► Pro-Business Environment
► International Business Connections
► Excellent Quality of Life
► These assets set us apart from the competition!
PRO-BUSINESS ENVIRONMENTPRO-BUSINESS ENVIRONMENT: : NATIONAL RECOGNITION NATIONAL RECOGNITION
► #1 Business Climate (Site Selection, 2013)
► #1 in Workforce (CNBC, 2013)
► #2 for Doing Business (Area Development, 2013)
► #2 in Infrastructure and Global Access (Area Development, 2013)
► #2 in Entrepreneurial Growth over Past Decade (Kauffman Foundation, 2012)
► #2 in Entrepreneurial Activity Among Top 15 U.S. Metro Areas – Atlanta Metro
(Kauffman Foundation, 2012)
► #3 Most Fortune 500 Company Headquarters of All Cities in the U.S. – Atlanta
(Fortune, 2013)
► #3 in Labor Climate (Area Development, 2013)
GEORGIA: AHEAD IN BUSINESSGEORGIA: AHEAD IN BUSINESS
Atlanta has the 3rd most Fortune 500 company headquarters of all cities in the United States
PRO-BUSINESS ENVIRONMENTPRO-BUSINESS ENVIRONMENTHEADQUARTERS TO GLOBAL COMPANIESHEADQUARTERS TO GLOBAL COMPANIES
PRO-BUSINESS CLIMATE PRO-BUSINESS CLIMATE COST OF BUSINESS INDEXCOST OF BUSINESS INDEX
Source: Moody’s U.S. Cost of Doing Business, October 2013 Edition
► The Global Commerce division assists businesses by coordinating:
► Site Location Services
► Market Research
► Business Incentives
► Employee Training
► Innovation and R&D Services
► Export Assistance
► International Office Assistance
GDECDGDECD: : GLOBAL COMMERCE DIVISIONGLOBAL COMMERCE DIVISION
GLOBAL COMMERCEGLOBAL COMMERCE:: INTERNATIONAL OFFICESINTERNATIONAL OFFICES
11 International Offices11 International Offices
► Over 3,000 internationally-owned business operations
► 210 UK companies
► 69 consulates, trade offices and honorary consulates
► 42 bi-national chambers of commerce
► 74 countries represented
INTERNATIONAL BUSINESS CONNECTIONSINTERNATIONAL BUSINESS CONNECTIONS
INTERNATIONAL BUSINESS CONNECTIONSINTERNATIONAL BUSINESS CONNECTIONS: : INTERNATIONAL COMPANIES IN GEORGIAINTERNATIONAL COMPANIES IN GEORGIA
INTERNATIONAL BUSINESS CONNECTIONSINTERNATIONAL BUSINESS CONNECTIONS: : 210 UK COMPANIES IN GEORGIA210 UK COMPANIES IN GEORGIA
INTERNATIONAL BUSINESS CONNECTIONSINTERNATIONAL BUSINESS CONNECTIONS: : INTERNATIONAL INVESTMENT IN GEORGIAINTERNATIONAL INVESTMENT IN GEORGIA
Leading Investor Nations by Number of
Facilities
Leading Investor Nations by Number of
Jobs
Leading Investor Nations by $ Value
Investment
Germany Japan Japan
Japan Germany Germany
United Kingdom United Kingdom Korea
France Canada Canada
Canada Netherlands France
INTERNATIONAL BUSINESS CONNECTIONSINTERNATIONAL BUSINESS CONNECTIONSTOP TRADING PARTNERS FOR GEORGIA IN 2013TOP TRADING PARTNERS FOR GEORGIA IN 2013
Leading Export Markets
Leading Importer Nations
Canada* China
China Germany
Mexico South Korea
United Kingdom* Mexico
Japan* Japan
Singapore Canada
Brazil United Kingdom
Germany* India
Korean Republic France
United Arab Emirates
Italy*Also leading investor nations in Georgia
GLOBAL ACCESSGLOBAL ACCESS: : TOP GEORGIA EXPORTS IN 2013 - TOP GEORGIA EXPORTS IN 2013 - £21.95 BILLION21.95 BILLION
GLOBAL ACCESSGLOBAL ACCESS: : TOP GEORGIA IMPORTS IN 2013TOP GEORGIA IMPORTS IN 2013
£43.8 Billion (USD $75 Billion)
GLOBAL ACCESSGLOBAL ACCESS: : TOP GEORGIA IMPORTS FROM UNITED KINGDOM IN 2013TOP GEORGIA IMPORTS FROM UNITED KINGDOM IN 2013
£1.1 billion (USD $1.89 billion)
Economic & Industry Diversity
PRO-BUSINESS ENVIRONMENTPRO-BUSINESS ENVIRONMENT: : AVIATION/AEROSPACE COMPANIES IN GEORGIAAVIATION/AEROSPACE COMPANIES IN GEORGIA
AUTOMOTIVE ASSEMBLY PLANTS:AUTOMOTIVE ASSEMBLY PLANTS:GEORGIA IN THE MIDDLE OF IT ALLGEORGIA IN THE MIDDLE OF IT ALL
STRATEGIC FOCUSSTRATEGIC FOCUS::LIFE SCIENCELIFE SCIENCE
► Headquarters for national non-profits/government agencies dedicated to disease research and public health► American Red Cross
► American Red Cross Biomedical Services
► American Cancer Society
► Arthritis Foundation
► Children’s Healthcare of Atlanta
► Centers for Disease Control (CDC) and Prevention, employs more than 7,000 scientists
► The Carter Center
► Largest employers include Baxter Life Sciences, McKesson, Eclipsys, Med Assets
LIFE SCIENCE ECOSYSTEMLIFE SCIENCE ECOSYSTEM:: COMPANIES BY SECTORCOMPANIES BY SECTOR
TRENDS IN THE BIOSCIENCE SECTOR:TRENDS IN THE BIOSCIENCE SECTOR: RECENT LOCATIONS TO GEORGIARECENT LOCATIONS TO GEORGIA
Company Jobs Georgia Location
Product
1,800 Covington Plasma-based therapies
150 Atlanta Health IT document management
120 Atlanta Gamma ray surgical devices
110 Atlanta Proton therapy/cancer treatment
65 Alpharetta Medical device HQ, assembly & distribution
GEORGIA: GATEWAY TO THE WORLDGEORGIA: GATEWAY TO THE WORLD
► Atlanta: #1 busiest passenger airport in the world
► Savannah: 4th largest and fastest growing U.S. container port
► Most extensive rail system and largest intermodal hub in the Southeast
► Top-ranked interstate highway system
Serves more than 250,000 passengers daily, or 94 million annually
HARTSFIELD-JACKSON ATLANTA INTERNATIONAL AIRPORTHARTSFIELD-JACKSON ATLANTA INTERNATIONAL AIRPORT
GLOBAL ACCESSGLOBAL ACCESS: : AIR TRANSIT TIMES AIR TRANSIT TIMES
80% of U.S. market within a 2-hour flight of Atlanta
GLOBAL ACCESSGLOBAL ACCESS::SEA PORTSSEA PORTS
► Two deep-water ports:► Savannah► Brunswick
► Port of Savannah is the 4th Largest Container Port in the U.S.
► Fastest Growing Port on the East Coast
► Served by over 100 steamships lines
GLOBAL ACCESSGLOBAL ACCESS: : RAIL TRANSIT TIMESRAIL TRANSIT TIMES
GLOBAL ACCESSGLOBAL ACCESS: : TRUCK TRANSIT TIMESTRUCK TRANSIT TIMES
By truck, Georgia-based companies are two days or less from 80% of U.S. markets
STRATEGIC FOCUSSTRATEGIC FOCUS::GEORGIA CENTERS OF INNOVATIONGEORGIA CENTERS OF INNOVATION
Fueling Industry Competitiveness
Resource:•Access to R&D and technology leaders•Analysis of data and innovative trends•Cross-sector connections and collaboration•Collective industry voice
Result:
Increased opportunities for industry growth and success
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