New York State is at the core of the
expanding international marketplace and a
leading magnet for foreign investment in the
United States. The State is optimally
positioned at the center of the world’s
largest, richest, and most active consumer
marketplace.
New York State represents overseas interests
in almost every industry including finance
and banking, retail, business services,
transportation, distribution, and
manufacturing. New York’s strengths include
a highly skilled workforce and an
unparalleled transportation network. We are
recognized internationally for our great
schools and dedication to research and
development. More and more investors from
around the world look to New York for their
investment needs.
Employment by foreign
affiliates in New York State in 2005 was
378,000. This New York Stat's foreign
affiliate employment level is second only to
California (542,600), and exceeds Texas
(344,600)
In 2005, New York State’s share of gross
property, plant and equipment of foreign
affiliates reached $62.1 billion. This
international investment level ranks New
York State third in the nation, after
California ($93.7 billion) and Texas ($85.4
billion.)
Of the $62.1 billion of FDI in NYS, major
investing countries in rank order include:
| •
UK |
$14.1
billion |
| •
Canada |
$
9.3 billion |
| •
Japan |
$
8.1 billion |
| •
Germany |
$ 7.1
billion |
| •
France |
$
5.7 billion |
| •
Netherlands |
$ 4.0 billion |
| •
Switzerland |
$
3.0 billion |
Representing New York’s lead economic
development agency, Empire State Development
comprises a network of 20 offices throughout
the State and around the world. Our
international trade specialists help
businesses relocate to or establish a
presence in New York State, expand existing
operations, and compete more effectively and
profitably in domestic and international
markets.
Empire State Development’s technical and
financial assistance services help
businesses grow and prosper. We can furnish:
- Site selection and logistical
assistance
- Demographic, wage, tax and utility
cost data
- Quality of life facts for your
family and business
- Networking with local government
officials and private businesses
For additional information on New York
State services, foreign companies should
contact the
New York State representative office nearest
to them. In the US call 1-800-STATE-NY
(1-800-782-8369) or call our International
Division directly at (212) 803-2300 and
email us at
esdinternational@empire.state.ny.us.
|
|
