From Governor Blanco's Press Office:
We are casting a wide net in hopes of landing a big catch. And now, more than ever Louisiana is ready to reel in investment opportunities. We continue to roll back business taxes that stifled our economic development efforts in the past and actively promoting our extraordinary incentive packages. The Gulf Opportunity Zone incentive package in South Louisiana and the Renewal Communities economic incentives in North and Central Louisiana are powerful economic drivers. Portions of the Gulf Opportunity Zone package expire in 2008, though I am requesting a federal extension. The Renewal Communities incentives in many of North Louisiana's rural communities also offer outstanding opportunities with comparable tax incentives. Louisiana's own package of available incentives includes a variety of tax credits to businesses hiring a minimum number of net new employees, encouraging businesses to create good-! paying jobs, supporting the expansion, restoration, improvement and development of existing commercial structures and offering special incentives to Louisiana manufacturers. These are the selling points I offered during meetings with business executives in Hong Kong yesterday and will continue to mention in the days ahead.
During her two-week business development mission to Asia, Governor Kathleen Babineaux Blanco will share her experience with constituents through e-postcards. Her trip will take her to Japan, China, and Taiwan as she works to maintain relationships with investors who have projects or current investments in Louisiana while cultivating new investors exploring opportunities in the state.
The Louisiana Disaster Recovery Foundation
Louisiana's Fund for Louisiana's People
www.louisianahelp.org 1-877-HELPLA1 (877-435-7521)