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New Jersey Launches Jersey City Hub to Boost Global Business Development

New Jersey has taken a major step forward in strengthening its position as a global business gateway with the launch of a new international hub in Jersey City. Designed to attract foreign investment and foster cross-border partnerships, the initiative marks a strategic move to enhance the state’s global economic footprint while creating new opportunities for both international and local enterprises.

Announced in early June 2025, the hub will serve as a dedicated business development and resource center for foreign companies seeking to establish a presence in the United States through New Jersey. Located in Jersey City’s Exchange Place, the space is intended to operate as a soft-landing platform—providing essential services, office space, and local connections for international firms entering the U.S. market.

The hub is a collaboration between the New Jersey Economic Development Authority (NJEDA), Choose New Jersey, and the New Jersey-Israel Commission, with support from Governor Phil Murphy’s administration. It is part of a broader effort to build international bridges and promote economic cooperation by offering practical, on-the-ground resources to help foreign businesses navigate the complexities of U.S. market entry.

The selection of Jersey City for this international business hub was no accident. Its strategic location across the Hudson River from Manhattan, proximity to major airports and ports, and a growing reputation as a business-friendly environment make it an ideal entry point for global companies. With a diverse population, robust infrastructure, and access to top talent, Jersey City stands out as a natural choice for international firms looking to expand into North America.

The opening of the Jersey City hub reflects New Jersey’s growing emphasis on international engagement as a driver of economic growth. In recent years, the state has launched several initiatives to deepen trade ties and support foreign companies, including international offices in Europe and Asia, as well as frequent business missions led by state officials.

Governor Phil Murphy has consistently championed New Jersey as a global innovation hub, and this latest development aligns closely with his administration’s long-term vision. Murphy has emphasized the importance of fostering international partnerships to spur job creation, innovation, and long-term economic resilience. The hub in Jersey City is seen as a key part of this strategy, bridging geographic and cultural divides to bring more global companies into New Jersey’s business landscape.

Beyond serving foreign companies, the hub is also expected to benefit local businesses by fostering partnerships, boosting job creation, and adding to the state’s innovation economy. As more international firms establish a presence in New Jersey, they bring not only investment but also new ideas, technologies, and opportunities for collaboration.

In the long term, the state’s leaders hope that the Jersey City hub will become a model for how to integrate international business development into local economic planning. By offering a physical home for global companies and connecting them with New Jersey’s assets, the initiative aims to create a more dynamic, interconnected, and resilient economy.

The hub is scheduled to begin welcoming companies in the second half of 2025, with a formal launch event and promotional campaign planned in the coming months. As New Jersey continues to position itself as a key gateway to the U.S. market, the new Jersey City international business hub represents a timely and strategic move to expand the state’s global reach.

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