A recent proclamation by Governor Greg Abbott designates this week, May 12‒16, as Economic Development Week in Texas, in recognition of the efforts by local, regional, and statewide organizations in fostering economic growth. Abbott, extolling the virtues of Texas's business environment, stated, "Texas is where the future is building — where opportunity is abundant, where free enterprise flourishes, and where families and jobs grow," according to the Office of the Texas Governor official announcement.
In celebration of the proclamation, Governor Abbott to also commemorate the accolades Texas has received, included being named the Best State for Business for the 21st consecutive year by Chief Executive magazine, and winning the 2025 Prosperity Cup from Site Selection magazine, a distinction that underscores the state's proficiency to consistently attract new business investments. "The key to Texas’ unrivaled success in economic development is teamwork," Abbott was quoted in the statement. "It takes a collaborative effort from organizations across the state to attract new businesses, investments, and jobs, as well as help existing Texas companies grow," as reported by the Office of the Texas Governor.
The Office of the Texas Governor highlighted the recently released five-year statewide economic development strategic plan, outlining objectives aimed at sustaining economic growth and job creation. This document serves as a blueprint to guide future efforts in maintaining Texas's position as a leading business destination. The plan builds on the collaborative approach that Abbott has credited for the state's prosperous business climate.
The Texas Economic Development & Tourism Office (EDT) plays a pivotal role in promoting Texas nationally and internationally. With Governor Abbott's proclamation, the EDT's mission is to even more focused to ensure that the state's image as an outstanding business and tourism destination is upheld. EDT collaborates with a wide array of partners, from local communities to statewide agencies, in these endeavors, exemplifying the teamwork ethos advocated by the governor, as per the Office of the Texas Governor.
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