Invest in Phoenix
Greater Phoenix Economic Council (GPEC) is comprised of Maricopa County and 18 cities and towns throughout Greater Phoenix.
Greater Phoenix is America's greatest upside. Despite a slowing national economy, the region continues to undergo rapid transformation. Construction crews are busy at work on nearly every corner of the city's downtown; work is complete on a new $1.3 billion METRO Light Rail system; and the Arizona Cardinals’ state-of-the-art stadium continues to draw international attention after its February 2008 hosting of the Super Bowl.
Greater Phoenix has a highly favorable business climate where wages for key industry occupations average less than competitor markets. In addition, power costs in Greater Phoenix are significantly less than California markets. Companies from around the world are choosing Greater Phoenix for their next investment project. A weak U.S. dollar and low cost of living heighten the appeal of Greater Phoenix to foreign investors and companies.
Our strategic Southwest location has made Greater Phoenix a choice business and innovation hub with international access for aerospace, high-tech, bioscience, advanced business and sustainable technologies companies.
The region is currently maintaining its competitive stance domestically with:
- A favorable cost-of-doing business
- Select market potential as one of 10 key U.S. megapolitans
- Desirable quality of life.
More about the Greater Phoenix citizens:
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We’re young. The average age in Greater Phoenix is 33.
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We’re diverse. There are 110 languages spoken in Greater Phoenix—the 3rd highest number recorded in any region in the U.S.
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We’re talented. Greater Phoenix is home to Arizona State University—the nation’s largest university system and largest producer of natural sciences and engineers in the country—and the Maricopa Community Colleges, Arizona’s largest provider of job training.