Creating jobs and upgrading infrastructureWashington Times, Jan 1, 2017, Ignacio Galan
The year 2016 has been a year of change, and very often not in the direction most pundits had predicted. The United States has proved no exception. Regardless of this, however, the U.S. economy’s fundamental needs have not changed. American businesses, workers and consumers will continue to require better jobs, modernized infrastructure and more efficient markets. We must wait to see how the incoming Trump administration’s pledges translate into concrete action in areas such economic growth, streamlining regulation and upgrading America’s infrastructure.
In many ways, the time for investing in the United States has never been better and non-U.S. firms can play an important role in that. The U.S. market provides a level of stability that is unimaginable in many parts of the world. The combination of a balanced political system, transparent regulations and, above all, a dynamic and vibrant civil society ensures that the country and its strong economy will remain a premier destination for capital.
In the United States, foreign companies employ a work force of nearly 6 million people, most of which are Americans, translating to about 3.5 percent of the domestic economy. Equally relevant, global firms help to support the 27 million small businesses that exemplify the entrepreneurial backbone of the American economy.
The investments required to making America’s energy infrastructure more efficient, reliable, secure, and green will require investment of some $2 trillion over 25 years in the power sector alone, according to the International Energy Agency. As the leader of a global electric utility company with a presence in Europe and the Americas, this supports our view of the United States as a key growth market for clean power generation and networks.
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http://www.washingtontimes.com/news/2017/jan/1/creating-jobs-and-upgrading-infrastructure/
