Sunday, June 08, 2014

Experts say Shreveport-Bossier City has economic development advantage

Written by
Courtney Spradlin

Experts say North Louisiana and Shreveport-Bossier City have a competitive advantage over similar regions attempting to attract large economic developments — the ability to provide a skilled work force.

Experienced workers are an essential piece of what industries are looking for when considering a region for development, said Jerry Szatan, a Chicago-based economic development consultant.

Szatan is one of five consultants who are part of an advisory forum hosted this week by North Louisiana Economic Partnership and Southwestern Electric Power Co.

The consultants, members of the Site Selectors Guild, were invited to Shreveport-Bossier City as a way to showcase the area as a region ripe for development. The cost to bring the five was $25,000.

Large companies go to the guild as a first point of contact when considering a new development location, said Christine Rambo, NLEP spokeswoman.

Rambo said Shreveport-Bossier City isn’t as well-known as nearby New Orleans and Dallas, and the forum is a way the region can market itself as a viable option for economic developments the consultants may already be working on or may work on in the future. More here.

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