Texas delegation to lead trade development mission to Europe | Office of the Governor of Texas

September 26, 2022 | Austin, Texas | press release

Governor Greg Abbott announced today that a Texas delegation will meet with business leaders in London, England, Paris, France and the Frankfurt region of Germany to promote Texas as the best state in the United States for business.

The Texas delegation included Texas First Lady Cecilia Abbott, Texas Secretary of State John Scott, the state’s Texas Economic Development and Tourism Office Executive Director Adriana Cruz, and Texas Economic Development Corporation President and CEO Robert Allen, in addition to a dozen other economic development leaders from the state.

“Texas is a magnet for creative industry leaders,” said Governor Abbott. “As the most entrepreneurial state to attract international investment and home to Fortune 500 headquarters, Texas offers unparalleled operating advantages – a favorable business environment and a young, diverse, talented and growing workforce. Easy access to international markets, strong infrastructure And with a transportation network, predictable regulations, and overall economic strength, Texas has created a framework for businesses to grow and Texas to prosper. Thank you First Lady, Secretary Scott, our economic development teams, and all members of the Texas delegation for representing the great state of Texas, and I look forward to more new jobs and more new ones. I look forward to welcoming business investments to the Lone Star State.”

The United Kingdom, France and Germany are key trading partners with Texas and are among the top countries for foreign direct investment projects in the Lone Star State. Common industry strengths include aerospace and aviation, manufacturing, pharmaceuticals, information technology and more.

Over the past decade, international investments in Texas have included:

• UK companies have reported 341 investment projects in Texas that are expected to generate $5.5 billion in capital investment and more than 14,500 new jobs.
• French companies have reported 85 investment projects in Texas that are expected to generate $5.9 billion in capital investment and more than 7,000 new jobs. And
• German companies reported 154 investment projects in Texas with $9.8 billion in capital investment and more than 12,600 new job opportunities.

The business development trip is sponsored and paid for by the Texas Economic Development Corporation.