Economic Potential

Forbes Magazine named 11 Alabama cities on their list of the best places in the country for businesses and careers.

The rankings were based on the cost of doing business, crime rate, educational attainment, cost of living, projected income growth and

projected job growth. ADO, April 21, 2009.

Alabama… a great place for foreign investment


Site Selection magazine ranks Alabama’s business climate among the best in the nation in its annual survey of states.  The magazine, which is read by more than 44,000 corporate executives, rated Alabama’s business climate as the third best in the nation. (November 2008).

“Alabama continues to be one of the nation’s leaders when it comes to economic development and growth,” Governor Bob Riley said about the magazine’s ranking.  “Companies that are looking for an outstanding workforce and a pro-growth environment know Alabama is where they will find both.”

Other past accomplishments include:

  • Alabama ranked 7th on Site Selection Magazine’s Top States for its number of new industry or expansion projects in 2006. (March 2007).
  • Alabama was named "State of the Year" four consecutive times by Southern Business and Development magazine, based on its record of job growth and economic development. (June 2006).
  • Alabama Industrial Development Training (AIDT), the state's work force training program, was ranked first in the U.S. in a 2006 Expansion Management site consultant survey.

One of the most attractive incentives that Alabama offers is the statutory incentive programs such as a corporate income tax credit for qualifying companies giving a stable framework for long-term investment.

Back to Top

 

 

 



About Us | The Program | The Investment | Immigration Process | Alabama | Disclaimer
© 2006-2009 Alabama Center for Foreign Investment. All Rights Reserved.