South Carolina Governor Henry McMaster will be traveling to Germany next week in an effort to strengthen the state’s economic ties with the country. This visit will serve to solidify South Carolina’s position as a hub for foreign investment, and McMaster will be attending the TDI conference, also known as the Day of German Industry, where he will give a keynote speech on the state’s relationships with German companies.
During his trip, McMaster plans to visit the headquarters of major automakers in Germany, including BMW and Volkswagen, both of which have significant operations in South Carolina. The visit is seen as an opportunity for McMaster to showcase South Carolina as an attractive destination for foreign businesses and meet with top executives of these companies to strengthen partnerships and discuss future investments.
McMaster’s trip highlights the importance of international partnerships in driving economic growth and development. By fostering relationships with global partners, South Carolina has been successful in attracting foreign companies, with Germany having the largest presence in the state. There are currently 262 German facilities in South Carolina that employ around 44,000 people. This has been a significant factor in the state’s economic development.
This visit is seen as an opportunity for McMaster to strengthen partnerships between South Carolina and Germany, further collaboration between the two regions is expected to take place during this trip. By showcasing South Carolina’s success in attracting foreign investment, McMaster aims to solidify its position as a leader in economic development.
