Swiss Investments Help Keep Louisiana No. 1 in Per Capita FDI
Agribusiness, IT and hospitality – these are just a few of the industries that Swiss companies have invested in across Louisiana, creating an outsized impact on the state.
Notable Swiss Projects in Louisiana
In February 2015, Viking Cruises Chairman Torstein Hagen announced the selection of New Orleans, Louisiana, as the homeport for Viking River Cruises’ first North American river cruise itineraries. The Mississippi River cruises will operate from docking facilities near the French Quarter in New Orleans. Viking’s new service will result in the creation of 416 new direct jobs for Louisiana-based operations and vessel crews, with an average salary of $40,000, plus benefits; and Louisiana Economic Development estimates the project will result in an additional 368 new indirect jobs, for a total of more than 780 new jobs in the Southeast Region of the state. Plans call for the construction of six new vessels over the next three years at an estimated cost of $90 million to $100 million per vessel, all of which will be built in U.S. shipyards and crewed by U.S. citizens.
“The Viking team is very proud to partner with the State of Louisiana… We know our passengers will enjoy the rich history, culture and cuisine of all the great cities and towns along the Mississippi River. ”
Trade Between Switzerland and Louisiana
Over the last five years, Louisiana companies have exported over $219 million to Switzerland. In 2015, Louisiana exported over $14 million worth of goods to Switzerland. Top Louisiana exports to Switzerland include chemicals, food manufactures and agricultural products.
Honorary Consul: Alexandra Mora
322 Lafayette Street
New Orleans, Louisiana 70130
In January 2015, then-Governor of Louisiana Bobby Jindal visited Switzerland as part of a European economic development effort.
Switzerland’s Zurich Insurance Group is the marquis sponsor of Louisiana’s premier gold tournament, the Zurich Classic of New Orleans. Learn more here.
Swiss company ABB recently opened a new automation and power service office near Lake Charles, Louisiana. This complements ABB’s office in Prairieville, Louisiana. Learn more here.