“Texas is the eighth-largest economy in the world, a global leader in energy and trade, and the world’s premier economic destination because of our top-tier business climate.”
– Governor Greg Abbott
Texas Insider Report: AUSTIN, Texas – Governor Greg Abbott today highlighted the three economic development missions he led in 2024. During the trips, the Governor met with business leaders and government officials around the globe to showcase and promote the booming Texas economy.
“Texas is the eighth-largest economy in the world, a global leader in energy and trade, and the world’s premier economic destination because of our top-tier business climate,” said Governor Abbott. “That is why this year, I visited with business leaders and government officials in India, Japan, South Korea, Taiwan, and the United Kingdom to showcase the booming Texas economy and attract more businesses to invest in our great state. As Texas looks toward growing our economy even more in 2025, we will continue to provide leading businesses from across the nation and the world with the opportunities they need to thrive in Texas.”
Higlights From Texas' 2024 Economic Development Missions:
Governor Abbott Bolsters Enduring Economic, Cultural Bond With India
In January, Governor Abbott led an economic development mission to India to meet with company executives, business leaders, and government officials to promote Texas’ booming economy; encourage trade, job creation, and capital investment by Indian companies in Texas; and strengthen the ongoing partnership between India and Texas.
Governor Abbott Strengthens Texas’ Economic Partnership With The United Kingdom
In March, Governor Abbott traveled to the United Kingdom on an economic development mission to deepen the strong economic partnership between the United Kingdom and Texas, encourage expanded trade in critical industries, and attract new job-creating business investments to Texas.
Governor Abbott Announces State Of Texas Taiwan Office, Signs Economic Agreement In Taiwan
In July, Governor Abbott completed a successful three nation economic development mission to Taiwan, South Korea, and Japan. During the trip, the Governor met with company executives, business leaders, foreign dignitaries, and government officials to promote Texas’ booming economy and drive progress in industries that are critical to the future of the global economy.
Governor Abbott Bolsters Texas-South Korea Economic Partnership In Seoul
After a successful trip to Taiwan, Governor Abbott traveled to South Korea to strengthen economic relationships, visit with foreign dignitaries, and meet with business leaders. In South Korea, the Governor announced that SeAH Group has established a high-performance metal manufacturing facility in Temple, generating $110 million in capital investment and creating over 100 new jobs in Central Texas.
Governor Abbott Meets With Japan’s Chief Cabinet Secretary Hayashi In Tokyo
Governor Abbott then visited Japan to meet with Chief Cabinet Secretary Yoshimasa Hayashi at the office of the Chief Cabinet Secretary in the Prime Minister’s Office, known as the Naikaku Sōri Daijin Kantei. Both the Governor and Cabinet Secretary explored ways Texas and Japan can continue to strengthen the economic partnership through trade and new foreign direct investments.
Governor Abbott Signs Statement of Mutual Cooperation With Aichi Prefecture In Tokyo
Wrapping up the three-nation economic development mission while in Tokyo, Governor Abbott joined Aichi Prefecture Governor Hideaki Ohmura to sign a historic Statement of Mutual Cooperation. This agreement between Texas and Japan will encourage more trade in critical industries and attract new business investments to Texas.
