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Kemp announces 'new records for economic investment and job growth' for the state

Brianpkemp

Gov. Brian Kemp | Facebook/Brian P. Kemp

Gov. Brian Kemp | Facebook/Brian P. Kemp

Georgia Gov. Brian P. Kemp recently announced that Georgia's economy is showing record numbers of job creation and investment for fiscal year 2021.

According to a press release from the Governor's Office, investments across the state increased by 46%, while job creation increased 5% above prior state economic development records.

"Over the last 12 months, Georgia set new records for economic investment and job growth," Kemp wrote in an Aug. 11 Twitter post.

In an effort to boost jobs and investments throughout the state, the Global Commerce division of the Georgia Department of Economic Development (GDEcD) seeks to locate and expand businesses and grow small businesses in Georgia, according to the release. Between July 1, 2020, and June 30, 2021, 379 projects supported by GDEcD’s Global Commerce division invested $10.97 billion into the state's economy and created 33,439 new jobs, the release said.

International partnerships accounted for approximately $2 billion in foreign direct investment in the state and 20% more jobs were created for fiscal year 2021 than the previous fiscal year, the release said. Most job creation from international investment came from 19 projects from South Korea. 

“Our state’s target industries continue to provide new growth opportunities, and our numerous assets, including our diversity and overall workforce, make Georgia attractive to businesses of all kinds,” Scott McMurray, deputy commissioner for global commerce, said in a statement. “We’re incredibly proud to be able to share this good news in partnership with our sister agencies, communities across the state, and international partners.”

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