Economic Development

News & Analysis as of

Michigan Becomes Second State Approved EB-5 Regional Center

The State of Michigan announced last week that it received approval by the U.S. Citizenship and Immigration Services (USCIS) to operate a government run EB-5 regional center. The regional center will be the second state-run...more

Urban Renewal Bill Introduced

Rep. Brian DelGrosso (R-Loveland) and Sen. Lois Tochtrop (D-Thornton) introduced HB 14-1375, dubbed in early drafts the “Urban Redevelopment Fairness Act,” on Friday, April 11, 2014, with only four weeks left in the...more

Foreign Listed Stock Index Futures and Options Approval Chart April 16, 2014

Attached please find the updated Foreign Listed Stock Index Futures and Options Approvals Chart, current as of April 16, 2014. All prior versions are superseded and should be discarded. Please note the following developments...more

Investing in Georgia - Economic Development Newsletter - April 2014

Welcome to King & Spalding's economic development news bulletin,Investing in Georgia. In this edition, you will find: - A final update on some of the key legislative actions during the 2014 Session of the Georgia...more

Brave New World or California Dreaming? Governor Patrick Proposes Legislation Banning Non-Compete Agreements

At an economic development summit earlier today in Newton, Massachusetts, Governor Patrick stated that he will propose an economic growth bill that includes a prohibition on non-competition agreements that discourage workers...more

Quarterly Investment Update - 1st Quater 2014

Stock Market Commentary - The S&P 500's strong close on the final day of March accounted for nearly half of the first quarter return of 1.8%. Markets withstood a number of challenges, including a frigid winter, a...more

Will Foreign-Owned Mining Companies Build Africa’s Rail and Seaport Infrastructure?

Latham & Watkins partners Glen Ireland, Chair of the firm’s Mining & Metals Industry Group, and Clement Fondufe, Chair of the Africa Practice, look at the challenges facing foreign-owned mining companies and discuss how...more

Nevada Finalizing Electric Rate Incentives to Attract New Businesses

Nevada Power Company (“Nevada Power”) and Sierra Pacific Power Company (“Sierra”) are seeking final approval from the Public Utilities Commission of Nevada (“PUCN”) to offer an Economic Development Rate Rider (“Rate Rider”)...more

Weekly Update from the State House - April 2014: The Senate joined the House in a Joint Assembly to elect Board members for...

What's New - The Google Policy Fellowship is now accepting applications for the 2014 fellowship in North America and Latin America. It offers undergraduate, graduate, and law students interested in Internet and...more

Africa Update

In This Issue: Leading the News; United States – Africa Relations; North Africa; East Africa; West Africa; Sub-Saharan Africa; and General Africa News. Excerpt from Leading the News - Uganda: On...more

The Womble Carlyle Economic Development Digest - March 2014

Womble Carlyle’s Economic Development Digest aggregates news, opportunities and legislation impacting business in the United States. ...more

Tax Measures in the 2014 UK Budget

UK government continues to support growth and build on economic recovery. On 19 March, UK Chancellor of the Exchequer, George Osborne, released the UK’s 2014 budget. From a business tax perspective, the budget...more

Africa Update

In This Issue: Leading the News; United States – Africa Relations; North Africa; East Africa; West Africa; Sub-Saharan Africa; and General Africa News. Excerpt from Leading the News - Libya: On...more

UK Budget Speech - Key Points

The UK's Chancellor of the Exchequer, George Osborne, delivered his annual Budget Speech on 19 March 2014. More details of measures announced will be known when a new draft of the Finance Bill 2014 is published on 27 March. A...more

On The Horizon - Renewable Energy in Asia: Thailand

1. What are the driving factors for increasing renewable energy production in Thailand? Thailand relies heavily on energy imports due to its limited energy resources. In 2009, Thailand imported 84 percent of its crude...more

Africa Update

In This Issue: Leading the News; United States – Africa Relations; North Africa; East Africa; West Africa; Sub-Saharan Africa; and General Africa News. Leading the News - Sudan: On March 7th, head...more

Leading Markets Index Shows 59 Metro Areas At Or Above Normal Levels In March

On March 6th, the National Association of Home Builders (NAHB) released its Leading Market Index (LMI). The report indicates that out of 350 metro areas evaluated across the country, 59 housing markets have returned to or...more

Electrify Africa Act: Catalyzing Investment Opportunities in Sub-Saharan Africa

On February 27, 2014, the House Committee on Foreign Affairs passed H.R. 2548, the Electrify Africa Act, to improve access to electricity in sub-Saharan Africa, through a comprehensive U.S. government approach to electricity...more

Spotlight on Reforms in Mexico

Mexico is set to put rivals in the shade. Emerging markets have been rightly criticized for squandering favorable global conditions by not taking decisive steps to guarantee their long-term economic health. Mexico has...more

Construction Begins On A Mixed-Use Development In Wynwood

The Wynwood district north of downtown is becoming a hot spot for mixed-use development activities. Recent articles in the South Florida Business Journal and Curbed report that construction is under way on Wynwood House, a...more

The Womble Carlyle Economic Development Digest - March 3, 2014

Womble Carlyle’s Economic Development Digest aggregates news, opportunities and legislation impacting business in the United States. In this week's Economic Development Digest...more

Weekly Update from the State House - February 28, 2014: The House met this week in lengthy sessions to try to clear the calendar...

Details from Each Chamber: HOUSE - The House met this week in lengthy sessions to try to clear the calendar in preparation for budget week beginning March 10....more

Africa’s Golden Opportunity To Engage the United States on Trade and Investment at the U.S. - Africa Leaders Summit

On January 21, 2014, the White House announced the first U.S.-Africa Leaders Summit in Washington, DC to take place on August 5 and 6, 2014. President Obama invited leaders from across the African continent with the aim of...more

Africa Update - February 27, 2014

In This Issue: Leading the News; United States – Africa Relations; North Africa; East Africa; West Africa; Sub-Saharan Africa; and General Africa News. Excerpt from Leading the News - Egypt: On...more

Investing in Georgia - Economic Development Newsletter - February 2014

Welcome to King & Spalding's economic development news bulletin,Investing in Georgia. In this edition, you will find: - A summary of some key legislation impacting economic development, as the Georgia General Assembly...more

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