DOING BUSINESS IN LOUISIANA
Louisiana Economic Development
225-342-3028
Paige.Carter@la.gov
www.opportunitylouisiana.com
“Mississippi River access, modern industrial sectors, onshore and offshore energy infrastructure, and a skilled workforce are just a few of the advantages Louisiana brings to the table. Other states would love to have just one — Louisiana has them all.”
— Susan B. Bourgeois, Secretary,
Louisiana Economic Development
TARGETED GROWTH SECTORS
Energy: A global powerhouse recognized for oil and gas as well as developments in carbon capture technology and solar and hydrogen power.
Manufacturing: Because of its manufacturing diversity, if you use it, need it or eat it, somebody in Louisiana probably helped make it.
Innovation: Supports entrepreneurs, developers, innovators and venture capitalists to accelerate startups, high-growth companies and major players in technology, life sciences, aerospace, and more.
TOP PROJECTS (CAPITAL INVESTMENT)
COMPANY | CITY | INVESTMENT |
Lake Charles Methanol | Lake Charles | $3.2 billion |
Woodland Biofuels Inc. | Reserve | $1.35 billion |
Koura | St. Gabriel | $900 million |
Ube | Waggaman | $500 millioN |
Heirloom Carbon Technologies | Bossier City | $450 million |
Location Spotlights
Featured Locations
Entergy is your partner in business growth and site selection. Spanning Arkansas, Louisiana, Mississippi and Texas, the Entergy Region is home to the largest industrial base in the U.S. and gateway to global markets.
Located at the crossroads of I-10 and I-49, Lafayette is a thriving economic hub in South Louisiana. Its integrated transportation network, diverse business base, and skilled workforce make it a top destination for companies like CGI, Stuller, Amazon and more.
Southwest Louisiana: We are equipped for opportunity! We have six ports, two major airports, and numerous shovel-ready sites, buildings, plants, and petrochem facilities available for development.
FAST FACTS
Population (2024 est.): 4,559,480¹
Largest Cities (est. 2024): New Orleans (357,767); Baton Rouge (217,342); Shreveport (174,996); Metairie (140,307); Lafayette (121,471)¹
Real GDP (2023): $294.8 billion²
¹U.S. Census Bureau
²Bureau of Economic Analysis, U.S. Dept. of Commerce
TAX ABATEMENT
Industrial Tax Exemption Program (ITEP): ITEP offers new and expanding manufacturers an 80% property tax abatement for up to 10 years. Recent ITEP rules changes eliminate job creation requirements and streamline application process.
TOP BUSINESS FACILITIES RANKINGS
| #2 Customized Workforce Training | 2024 State Rankings |
| #2 Film & Television | 2024 State Rankings |
| #2 Tech Talent Pipeline | 2024 State Rankings |
| #3 Exports | 2024 State Rankings |
| Top 10 Life Science Leaders | 2024 State Rankings |
| #2 FTZ Activity (Imports): Gramercy | 2024 Metro Rankings |
| #2 Logistics Leaders: New Orleans | 2024 Metro Rankings |
| #3 FTZ Activity (Exports): Gramercy | 2024 Metro Rankings |
| Top 10 Tech Performing Container Ports: Port of New Orleans | 2024 Metro Rankings |
