Question

In: Economics

What opportunities are there in San Antonio to attract Foreign Direct Investment?

What opportunities are there in San Antonio to attract Foreign Direct Investment?

Solutions

Expert Solution

The city is the 8th largest city area in the state of Texas and has a per capita income of over $22500 and household income of over $46000. In this way, it creates attractive opportunities for the FDI due to the presence of population with good purchasing power. It offers following opportunities.

1. The first opportunity lies with the health care. The city has already a suitable infrastructure to support the development of new facilities to facilitate the health care to the people of San Antonio and Texas besides attracting people from other reasons.

2. The second opportunity lies with the tourism sector and MNC enterprises can establish their hospitality chains in the city. Every year, the city attracts huge number of tourists and it creates an attractive market for the city to offer.

3. The third opportunity lies with the setting up a BPO services center as the city already is famous for its call centers. It already owns the specialized labor to cater the needs of the FDI.

Besides, there are oil and gas sector, that creates an FDI opportunity for the enterprises who want to make investments in the city in long term projects.


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