Global Trade Alert
Global Trade Alert

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United States of America/State of New York: $300 million state assistance to IBM AI Hardware Center

Description

On February 7, 2019 Governor Andrew M. Cuomo announced that IBM plans to invest over $2 billion to grow its high-tech footprint in New York, with assistance from the state government. This includes th...

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Intervention Details

Intervention Type

Financial grant

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

07 Feb 2019

Revocation date

07 Feb 2024

Implementation level

Subnational

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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