By: Felipe Rivas
2 min read January 2020 — Development and growth in Atlanta remain strong as the decade comes to an end, and the economic activity and favorable business climate characteristic of Atlanta looks just as peachy for the entire state of Georgia. In November, Georgia was recognized by Site Selection Magazine as the top state for business for a record-breaking seventh year in a row. Similarly, Area Development Magazine also named Georgia as the top state for business for the sixth-consecutive year.
Georgia Gov. Brian Kemp said continuing to foster a thriving business climate has been a major part of his vision for the state since assuming office in January 2019. “From Day One of my administration, we have been laser-focused on creating opportunities for hardworking Georgians in every corner of the state,” Kemp announced at the Georgia Cyber Center in Augusta, Georgia in November . “Our efforts to cut burdensome regulations, continue developing a world-class workforce, and market all regions of the Peach State through the formation of a Rural Strike Team have not gone unnoticed, and this announcement affirms that.”
The state’s workforce training program, Georgia Quick Start, was also recognized as one of the best in the nation. The state reported around 29,000 new jobs were created for fiscal year 2019. According to the Atlanta Regional Commission, 2.5 million residents are expected to move to the region by the year 2040, bringing the total population to 8 million.
Heading into the new decade, technology will be a key area of growth for the region and state. The Metro Atlanta Chamber identified bioscience, financial technology, supply chain and Internet of Things as economic segments poised for growth. Additionally, Georgia’s logistics hub legacy is one of the state’s main competitive advantages. Logistics hubs like the Port of Savannah and Hartsfield-Jackson Atlanta International Airport connect businesses to their customers with ease. The workforce training programs, and logistic hubs, coupled with the state’s pro-business policies make Georgia a frontrunner for companies looking to relocate.
“The nation’s leading site consultants see opportunity for growth across our state. Our top-ranked workforce development initiatives – combined with a conservative, pro-business policy approach, world-class higher education system, and a logistics network that puts the global economy within arm’s reach – make Georgia a top competitor for investment from businesses large and small – across the country and around the world,” Kemp said.