SIDEBAR CONFERENCE AND DEVELOPMENT AUTHORITY BOARD MEMBER TRAINING INTERNATIONAL PROJECTS
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1 SIDEBAR CONFERENCE AND DEVELOPMENT AUTHORITY BOARD MEMBER TRAINING INTERNATIONAL PROJECTS
2 GLOBAL COMMERCE: INTERNATIONAL OFFICES 11 International Offices
3 WHY GEORGIA: A ROBUST ENVIRONMENT FOR BUSINESS Georgia s Key Business Assets: Access to Global Markets First Class Workforce Pro-Business Environment Education Low Cost of Doing Business Low Cost of Living Transportation (Port, Air, Rail, Road) International Business Connections Excellent Quality of Life These assets set us apart from the competition!
4 GLOBAL ACCESS: STRATEGIC LOCATION IN A GROWING REGION Growing Southeast Region GDP grew by over $1 trillion from 2004 to GDP ($3.6 trillion) makes Southeast the 4th largest economy in the world 81.4 million population grew by almost 9 million between Georgia: A Growing State 8th largest state in the U.S., population 10.2 million in 2015 Population grew by 15%, or 1.3 million, over last 10 years Added the 5 th most number of people between
5 GDP in billions (current U.S. $s) SOUTHEAST: 4 TH LARGEST ECONOMY IN THE WORLD $17,000 $17.3t $14,000 $11,000 $10.4t $8,000 $5,000 $2,000 $4.7t $3.9t $3.7t $2.9t -$1,000 United States China Japan U.S. Southeast United Kingdom GDP 2004 GDP Growth
6 INTERNATIONAL BUSINESS CONNECTIONS Over 3,000 internationally-owned business operations 76 consulates, trade offices and honorary consulates 33 bi-national chambers of commerce 65 countries represented
7 PROJECTS FROM THE FOLLOWING COUNTRIES * China Japan* South Korea* Canada Netherlands UK Israel Brazil Colombia Spain Belgium Finland Sweden
8 INTERNATIONAL BUSINESS CONNECTIONS: INTERNATIONAL COMPANIES IN GEORGIA United Kingdom Korea Netherlands Japan Canada Japan Sweden India China France Japan Japan Japan China Mexico
9 INTERNATIONAL COMPANIES IN REGION 7 FACILITY Air Liquide America Arcadis U.S., Inc. Airco Industrial Gases Augusta Woodlands Corporation Barrett Turbine Engine Company Bimbo Bakeries USA, Inc. Biotest Pharmaceuticals Carole Fabrics Dassault Aircraft Services Corp. EKA Chemicals Electrolux Home Products Fiamm FinnChem USA Fraser West Timber Co Ltd GIW Industries HP Pelzer Imerys Loomis Fargo Linde/Holox Medtronic USA, Inc. PCS Nitrogen Prayon Resolute Augusta LLC Ritz Instruments Transformers Sam Dong SGD Siemens Building Technologies Solvay Advanced Polymers T-Mobile USA, Inc. Thermal Ceramics Unimin Uniparts Waterco U.S.A., Inc. COUNTRY France Netherlands United Kingdom Canada United Kingdom Mexico Netherlands France Sweden Sweden Italy Finland Canada France Sweden Ireland Canada Belgium Canada Korea France Belgium United Kingdom India Australia
10 INTERNATIONAL BUSINESS CONNECTIONS: TOP INVESTOR NATIONS By # of Jobs By # Facilities By Cumulative Investment Japan Japan Japan S. Korea United Kingdom United Kingdom Canada France United Kingdom Netherlands Canada Canada More than 2,500 foreign-owned facilities currently exist in Georgia. These companies represent more than 50 nations and employ over 150,000 workers.
11 INVESTMENT IN GEORGIA NEW AND EXISTING INDUSTRIES No. Jobs, Jobs, No. Jobs, Investment, 1.689B Investment 1.776B Investment, 1.301B Projects, 73 Projects, 72 Projects, 83 FY14 FY15 FY16 33% I 19.9% J Total FDI Investment/Jobs per FY 36% I 26% J 29.5% I 16.4% J Projects Investment No. Jobs There are 2,724 international companies in Georgia
12 WORKING THE PROJECT How different are these projects from domestic? Language/Culture Time frame of project Who is involved in the project Company - certain countries they may use consultants and some may not EU - Consultant Chinese No consultant Japanese Consultant - SELDOM but construction companies (Kajima / Shimizu / Gray) often play a big advisory role Korean Consultant May or May not The key players are Senior Executive(s) CEO comes in much later after project has narrowed on a site Incentives jobs and investment company is vetted through our international offices and if presence in the US then we go through normal channels of vetting the company. What international projects/companies may want to know about Georgia Transportation (roads, air, rail and port), utilities (gas and electricity cost), cost of doing business, EDP process for permits, available workforce, education, international businesses in Georgia, information about the community similar to the state but at community level Working with communities, consultant and the company coordinating the efforts
13 OUR TEAM - FDI Nico Wijnberg Stella Xu Yoonie Kim Joseph Huntemann Nikki Yu Director Director of China Initiatives Sr. Project Manager Korea Project Manager Japan Project Manager
14
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