Kentucky Governor Andy Beshear is optimistic about the potential business investments that will come to the Bluegrass State following his recent economic development trip to Germany and Switzerland. The governor, a Democrat, shared his positive outlook during his weekly news conference, highlighting the overwhelming response from companies interested in investing in Kentucky.
Beshear and his delegation met with leaders of companies already operating in the state, as well as potential investors looking to establish a presence in the U.S. The governor expressed confidence that the trip had not only secured existing jobs but also laid the groundwork for new expansions and locations in Kentucky.
This trip marked Beshear’s first overseas economic development venture as governor, but he hinted that it would not be his last. Plans are already in motion for a similar trip to Japan and South Korea in the near future.
Under Beshear’s leadership, Kentucky has seen significant economic growth, with over 1,000 private sector projects announced, totaling more than $30.6 billion in investments and creating over 52,700 jobs. The governor attributes this success to the state’s business-friendly policies and the collaborative efforts of his administration and the legislature.
During his meetings in Germany and Switzerland, Beshear engaged with over 100 companies that collectively employ more than 15,000 Kentuckians across 80 facilities in the state. He also visited numerous companies with North American headquarters in Kentucky, further solidifying the state’s ties with international investors.
As Beshear continues to prioritize economic development and job creation in Kentucky, his recent trip abroad serves as a testament to his commitment to fostering strong partnerships with global businesses and securing investments that will benefit the state’s economy for years to come.
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