Between July 1, 2023, and June 30, 2024, Georgia witnessed a significant surge in economic development, with the Georgia Department of Economic Development (GDEcD) supporting 429 new facility projects. These initiatives have culminated in over $20.3 billion in investments and the creation of approximately 26,900 private-sector jobs across the state.
A substantial portion of this growth—83% of the new projects—has been directed towards communities outside the 10-county Atlanta metropolitan area. This focus has resulted in more than 18,300 new jobs and $12.5 billion in investments for these regions, underscoring the state's commitment to balanced economic development.
Metro Atlanta continues to play a pivotal role as a logistics and business hub, attracting nearly $7.8 billion in investments. Across Georgia, new business locations account for $12.8 billion in investments, while expansions have contributed to 9,800 new jobs, reflecting the state's robust economic landscape. Office of the Governor
Governor Brian P. Kemp emphasized the collaborative efforts with local and state partners in fostering job creation, particularly in rural areas. He highlighted the state's dedication to investing in education, workforce development, and infrastructure to sustain this momentum.
Lieutenant Governor Burt Jones acknowledged the importance of ensuring that businesses have access to a skilled workforce. He pointed to the contributions of Georgia's Technical College System, University System, and various public-private partnerships in building a robust workforce pipeline. Office of the Governor
Speaker of the House Jon Burns noted the legislative efforts that have supported Georgia's economic success, including tax reforms and investments in education and infrastructure. He affirmed the state's commitment to delivering tangible results for its citizens. Office of the Governor
During FY2024, Governor and First Lady Kemp led economic development missions to Korea and Switzerland, strengthening relationships with key investors like Hyundai Motor Group. These international engagements have positioned Georgia as a premier destination for business, resulting in over 8,100 new jobs and $5.9 billion in investments from international companies. Office of the Governor
GDEcD Commissioner Pat Wilson highlighted Georgia's diverse industry landscape and the state's range of locations as significant advantages for businesses. He expressed gratitude for the support from state leadership and partners who contribute to bringing opportunities to communities statewide.
The state also celebrated over 50 years of continuous representation in Europe and Japan, with plans to mark 40 years in Korea. These international partnerships have been instrumental in attracting foreign direct investment, accounting for 29% of total new jobs and investments in FY2024.
GDEcD Commissioner Kristi Brigman reflected on Georgia's evolution from its agribusiness and manufacturing roots to its current advancements in mobility and technology. She acknowledged the collaborative efforts of economic development partners and utility providers in creating jobs and opportunities across the state.
Explore more about Georgia's economic development initiatives and discover opportunities for growth at Georgia Department of Economic Development.
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