Louisiana Economic Development (LED) Office of International Commerce
On May 13th, 2014 KWBS won a subcontract agreement with Wavteq Ltd., an exclusive strategic partner, for FDI promotional activities of Louisiana Economic Development as its Japan office from 1st June, 2014.
Business & Investment Climate in Louisiana
【Basic Information】
| Area | 135,382 Km2 (31st in the US) |
| State Capital | Baton Rouge |
| Population | 4,670,724 people (2105 Census, 25th in the US) |
| Governor | John Bel Edwards (Democratic Party) |
| Major Industries |
Advanced manufacturing, Aerospace, Energy, Process industry, Agri-business, Water management, Software development/IT industry |
| GDP |
US$237 billion (2016) |
| Personal Income per capita |
US$42,298 (2016) |
| Unemployment |
4.7％（November, 2017) |
| Export |
US$48,419 million (2016) |
| Import |
US$32,424 million (2016) |
Louisiana is ranked as a top 5 state for business friendliness. Its overall business costs are lower than the Southeast and U.S.
It is strategically located in the Gulf-South United States. Louisiana has:
- 7 commercial/primary airports
- 6 interstate highways
- 27 ports including 13 inland, 6 deep-draft and 8 costal ports
- Also, is one of two states in the U.S. where all six of North America's class-one railroads converge
These unrivaled infrastructure makes possible to access domestic and international markets effectively.
Also, industrial electricity, natural gas and water are abundant and the prices are very low with highly skilled workforce and competitive incentives.
Following traditional and emerging industries are growing in Louisiana. A highly productive and motivated workforce, low taxes, unrivaled infrastructure and logistics, a pro-business climate and the nation's best workforce recruitment and training program LED FastStart provide a competitive advantage.
Louisiana's FDI performance has consistently improved since 2003.
- Total jobs related to FDI: 27,107
- Average FDI projects per year: 10
- Total CAPEX on FDI projects: US$37 billion
- Average new jobs per FDI project: 271
From Japan, Shin-Etsu Chemical, Bridgestone, Chugoku Marine Paint, Denka, Kanematsu, Taiyo Nippon Sanso, etc have chosed Louisiana for manufacture. Also, in March 2018, Fuji Oil Group Holdings has announced to establish Fuji Oil New Orleans, LLC for manufacture of vegetable oils in Louisiana.
For more information about Louisiana, please visit https://www.opportunitylouisiana.com/ and contact the LED Japan office.