For Immediate Release - April 24, 2015

Massachusetts is Open for International Business

Meetings with International Officials Highlight the Commonwealth’s Commitment to Business Growth at All Levels

Boston – Friday, April 24, 2015 – Over the past two months senior staff from the Executive Office of Housing and Economic Development have met with delegations from Europe, Asia, and the Middle East. These meetings reflect Housing and Economic Development Secretary Jay Ash’s commitment to further developing Massachusetts as a center for local and international businesses.

“Massachusetts’s investments in growing our economy, including those in life sciences and advanced manufacturing, have put us on the map,” said Secretary Ash. “We are building on these skills by expanding our partnerships abroad, and letting potential partners from Iceland to Japan know that Massachusetts is open for business.”

“I was delighted to see how enthusiastically the governments of Japan and Dubai reached out to Boston. It is the mark of how much of an international business hub Boston has become” said Deputy Secretary Carolyn Kirk.

In February, Secretary Jay Ash and Deputy Secretary Kirk met with the Consul General of Japan, Tsutomu Himeno. The meeting represented a movement by the Japanese government to reach out to the new administration. In March, Secretary Ash also met with the U.S. Ambassador to Iceland, Robert Barber, and Deputy Secretary Kirk met with representatives from Dubai hoping to increase trade with the Commonwealth. In April, Assistant Secretary for Business Development Nam Pham met with the Swiss Consul, Dr. Felix Moesner, for ongoing conversations around business development.

Secretary Ash is committed to growing and solidifying the Commonwealth’s international standing by expanding export markets, encouraging innovation, and ensuring that Massachusetts’s manufacturing capabilities are world-class.

International investment in Massachusetts is concentrated in high-skill fields such as software, financial and business services, and biotechnology. These investments now support over 190,000 workers and families. Tourism spending also brought $18.5 billion in 2013 to the Commonwealth. New non-stop-flights to Shanghai, Reykjavik, and Dubai, as well as the $1.5 million that Governor Charlie Baker has proposed for expanded international tourism marketing efforts, are likely to drive this spending up. The Executive Office of Housing and Economic Development will continue to build on this foundation to further economic development and investment to Massachusetts.