ABB 2006/7 | State Profiles | Western region | Hawaii

Hawaii has four main advantages that make it a unique place to do business.

We are totally committed to the knowledge-based industries of the future

Hawaii already has a greater number of these new industries than most states. These include biotechnology, alternative energy, homeland security and defence/dual-use technologies, astronomy/space, aquaculture, marine and environmental sciences, as well as diversified agriculture, healthcare and wellbeing, film and digital media, finance, and captive insurance.

Hawaii also has the most generous incentives in the nation for qualified high-tech start-ups through Act 221.

We are a global communications centre that speaks your language, with unparalleled bandwidth

We have extensive fibre optic capacity, as well as satellite technology. But even more important, Hawaii provides an educated, ethnically diverse and motivated workforce that speaks all the world’s key languages with Hawaii’s famous spirit of Aloha.

Hawaii is a unique place to do business

We can speak daily, in real-time, during a normal workday with two-thirds of the world’s economy

In Hawaii, business people can chat with colleagues, customers and clients in North and South America from 8am to 2pm, in Australia and Asia from noon to 6pm, and still get away to watch the sun set. Get up just an hour or so earlier, and we can even talk to Western Europe, before their business day ends. Hawaii’s unique time zone makes it easy to maintain that human contact that is so important, but so very rare, in the new global business environment.

We are world-renowned for our recreation, relaxation and natural beauty

Hawaii represents peace of mind in a perilous world. It is a safe haven protected by the US Armed Forces, as well as America’s rule of law and America’s intellectual property rights. This makes Hawaii the ideal global business centre, where you can work hard, play hard and enjoy a quality of life that is unmatched in any other scenic location. It’s just what the doctor ordered to de-stress and rejuvenate the creativity and productivity requirements of information-age executives, while protecting their company’s assets.

If you start to really think seriously about the future of business in a global, 24/7, more impersonal, and somewhat perilous world, and then add to it how you really want to live your life, logic will lead you inevitably to that unique combination of advantages Hawaii has to offer right now, and will always have, as the best place to live, successfully do business, and raise a family.

Hawaii is ready to welcome a global business community. We have the diverse talent and technology, the incentives and the strategic location for the industries of the future, the recreational advantages, and most important, that wonderful, intangible quality of Aloha.

For more information, visit: www2.hawaii.gov/DBEDT

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