Page 62 - FDI Alliance International Magazine, July 2019 Interactive Issue_Neat

GOVERNOR
GREG ABBOTT

STATE OF

TEXAS

Texas is a West South Central state bordered by producer of oil, natural gas, and sulfur. With solid United States. The state’s two largest airports, Dallas-
Oklahoma to the north, Louisiana to the East, and economic growth last year including a torrid 5.2 percent Fort Worth International (DFW) and George Bush
Mexico to the south. It is the second most populous state GDP increase in the fourth quarter, Texas is one Intercontinental in Houston (IAH), are major domestic
state in the United States. The only state that has more of the leading economies in the United States this year. and international hubs.
residents than Texas is California.
Texas’ 382 airports, including 26 commercial airports, Texas has two intermodal facilities, Fort Worth’s Alliance
Texas has two intermodal facilities, Fort Worth’s Alliance make up the second-largest state airport system in the Airport and San Antonio’s Port San Antonio, integrate
Airport and San Antonio’s Port San Antonio, integrate United States. The state’s two largest airports, Dallas- high-capacity industrial airports, Class I rail terminals
high-capacity industrial airports, Class I rail terminals Fort Worth International (DFW) and George Bush and direct interstate highway access. Texas is also home
and direct interstate highway access. Texas is also home Intercontinental in Houston (IAH), are major domestic to American Airlines and Southwest Airlines, two of the
to American Airlines and Southwest Airlines, two of the and international hubs largest airlines in the world.
largest airlines in the world. Texas is among the most ethnically and racially diverse
Texas prides itself on being a right-to-work state, and states in the nation. The number of languages spoken in
Texas offers companies of all sizes and across all will continue to make strategic investments to ensure Texas homes has grown to more than 160-and of the
industries one of the best business climates in the nation, it maintains our competitive advantage, allowing 26.9 million people in Texas, more than a third speak
with a fair, transparent tax and regulatory structure businesses to prosper and grow. a language other than English at home.
designed for businesses to succeed. Texas is committed
to maintaining its position as the best state for business, Texas offers the best of city and country lifestyles and Behind Texas’ strong economy are 48 Fortune 500
and recently passed legislation providing over $4 billion each city has something unique to offer. The state is companies, including ExxonMobil, AT&T, Sysco and
in tax relief for businesses. Not to mention, Texas is home home to hundreds of barbecue restaurants, wineries, American Airlines, more than 1,400 foreign companies
to one of the largest, most competitive deal-closing funds live music venues and museums, plus more than 90 such as Toyota, BAE Systems, Siemens and Shell Oil
in the nation, the Texas Enterprise Fund. state parks, 191,000 miles of rivers and streams, 624 and 2.4 million small businesses.
miles of coastline and more than 70 working ranches.
Powered by nearly 50 Fortune 500 companies, The state is renowned for its sporting events, with top The Lone Star State continues to attract businesses and
thousands of international and small businesses, and college and professional teams including the Houston workers from across the nation and around the world to
a diverse, skilled workforce of 13.5 million, the Texas Astros, San Antonio Spurs and Dallas Cowboys. take advantage of its comparatively low cost of living and
economy is the 10th largest when compared to the Texas’ 382 airports, including 26 commercial airports, dynamic cultural and recreational opportunities. There’s
nations of the world. Texas is also the country’s leading make up the second-largest state airport system in the simply no place in the world that’s quite like Texas.

62 FDI ALLIANCE | JULY ISSUE 2019