ABB 2006/7 | State Profiles | North Atlantic region | New York State | Governor

I am pleased to have this opportunity to showcase the Empire State and some of its recent economic development achievements. New York State and the UK hold a strong bilateral relationship based on our common regard for freedom, a belief in the rule of law, and a conviction that free peoples and free markets spur economic prosperity.

Thanks to a broad selection of business-friendly programmes, an aggressive marketing approach to attracting new businesses, and the presence of a highly-skilled workforce, New York State remains a pre-eminent international business location. As home to world-class research and development facilities and premier universities, our state offers valuable resources to help your company grow and prosper here.

Our diversity of people and commerce makes it one of the most important and dynamic places in the world to conduct business – from media, fashion and the arts to banking, high technology and air travel. New York represents the eleventh largest economy in the world, largely due to the fact that half the populations of the US and Canada live within a 750-mile radius of our borders.

A hub for global business, the flow of international trade through New York’s air, land and sea ports surpassed $385bn in 2005 and accounted for 15% of total US volume. Leading manufacturers from around the world benefit from New York’s vital business programs, including the Semiconductor Manufacturing Initiative and the Empire Zones – one of our most successful economic development plans.

Our state ranks second in the nation in the number of Fortune 500 company headquarters and seventh in attracting new and expanded corporate facilities. With established activity in New York, UK companies such as Barclays and HSBC are drawn to our pro-business policies, workforce development programmes, unparalleled transportation network, and abundant natural resources.

We invite you to explore business partnerships in the Empire State, where we are firmly committed to investing in our students, workforce and businesses to guarantee a superior quality of life for all who live and work in this wonderful state.

Very truly yours,

George E. Pataki, Governor

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