UK-based fintech company SmartStream Technologies has opened a new US office in Jacksonville, Florida, creating 20 jobs.
Amid a dramatic drop in FDI, how will Florida ensure it remains a prime destination for international investment going forward, and what sectors stand to make the greatest gains?
Florida’s economic development over the past decade has been impressive. However, with growth stalled by the impact of Covid-19, to what extent will the economic foundations established during that period help accelerate recovery and where might new investment opportunities lie?
The Covid-19 crisis has caused widespread unemployment in Florida, but if FDI is to prove its salvation with regards to jobs, it will have to reverse a decline in attracting foreign investment.