Building on a strong record of Japanese investment, the State of Louisiana has become one of the top U.S. states for economic development, according to independent ranking organizations. New projects and expansions of existing companies are welcome.
Japanese companies have found increased production efficiencies in Louisiana, which is home to an exceptionally well-trained workforce and the No. 1 state workforce training program in the U.S., LED FastStart®.
One strategic asset is the Mississippi River, which provides access to 38 interior U.S. states and Canada. Louisiana’s expansive logistics network includes six deepwater ports and the largest port by tonnage in the Western Hemisphere.
The Louisiana Advantage includes a one-permit system (NSR/Title V), with a permit issued within 180 days. This expedited approach saves up to one year of project time compared to other states.
Louisiana Economic Development employs a “centralized project management approach” that creates even more efficiencies for investors. Site Selection magazine ranked the agency number 2 in the U.S. for economic development performance in 2014.
Japanese companies were invited to learn more about Louisiana’s advantages during a seminar in Tokyo on Sept. 29. Details are available from Masao Kumori, Chief Representative of the State of Louisiana at Masao.Kumori@LA.GOV.