The Louisiana International Commerce Master Plan and its 22 specific initiatives set a clear road map for the state to outperform the competition for international investment. Going forward, the partnership between the Louisiana Board of International Commerce (LaBIC) and the Secretary of Louisiana Economic Development (LED) will result in innovative responses to the needs of the private sector and continuous improvements to Louisiana’s competitive position in the global marketplace.
More specifically, this partnership envisions LED’s business development team engaging with companies across key international markets to ascertain their investment requirements for new projects. LaBIC will then be able to leverage this field intelligence to recommend specific infrastructure and non-infrastructure projects to the state legislature. This clear line of communication between prospective investors and the state legislature through LaBIC is a tremendous new asset that will ensure Louisiana receives a disproportionate share of foreign direct investment.
International Trade Chair: Anthony Bodin