Kansas, with its strategic position in the heart of the United States, is consolidating itself as a central ally for Spanish companies seeking business opportunities in the country. With more than $14.000 billion in exports in 2023 and support for more than 76.000 jobs created by foreign subsidiariesThe state presents itself as a hub of innovation and growth thanks to its favorable environment and attractive tax incentives.
At an event organized by Gedeth Network in Madrid, which was attended by more than 50 Spanish companies, the Lieutenant Governor of Kansas, David Toland, highlighted the state’s advantages: “Kansas has been, and continues to be, aggressive in its efforts to grow our economy and become the ideal central location for innovation, business growth, investment and new project development.”
Strategic sectors on the rise
Kansas leads key sectors for foreign investment:
- Aeronautics and defense:Kansas is home to more than 450 aeronautical service providers and has a workforce of 34.000 highly qualified people. The state manufactures the 70% of current commercial aircraftAn example of this is Indra, which received a contract of 244,3 million dollars to renew aerial communication systems, using its plant in Overland Park.
- Renewable energy:In 2019, wind power surpassed coal as the main source of electricity in Kansas, generating 41% of its electrical energy.
- advanced manufacturing: With 2.500 companies in the sector and exports exceeding 9.400 million, Kansas drives innovative techniques and materials in products such as airframes, chemicals and electronics.
- Agriculture and food: More of 15.000 agricultural companies contribute to a sector whose exports reach $ 4.800 million annuallySatellite technology and innovation have transformed agricultural production in Kansas.
- BiosciencesWith the support of associations such as BioKansas, the state encourages the creation and expansion of companies, highlighting the research and development of health technologies.
Spain, a growing ally
Spanish companies such as Indra and Siemens Games are already taking advantage of the benefits of Kansas. According to Juan Millan, managing partner of Gedeth: “Unknown to many Spanish companies, Kansas hides an inexhaustible hotbed of talent, an attractively low cost of living, highly attractive tax incentives and a strong commitment to innovation.”
The event culminated with a meeting between representatives of the Kansas government and associations such as fairy tale, exploring opportunities in the food and biofuels sectors, consolidating mutual interest in expanding trade and investment ties.
Kansas is thus positioned as a key platform for Spanish companies to successfully approach the US market.
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