Apr 28, 2014 2:15 PM by Letitia Walker
Today, Governor Bobby Jindal and CGI executive James Peake announced that the University of Louisiana at Lafayette's Research Park will be home to a technology center that will create 400 direct jobs.
The technology center will develop business and IT solutions for clients, and UL was picked after a nearly two-year site-selection process.
According to the governor's office, a key part of the project includes a state-funded, 10-year, $4.5 million higher education initiative that will result in a tripling of the number of undergraduate degrees from the School of Computing and Informatics.
The press release indicates the center will have a total annual payroll of about $22 million. LED estimates the project will result in an additional 405 new indirect jobs, for a total of more than 800 new permanent jobs in Acadiana.
Governor Jindal said, "CGI is among the world's leading providers of IT and business process services and represents yet another significant win for Louisiana's fast-growing technology sector. This project provides further validation of our work to create a new Louisiana. We took office in 2008 with a pledge that we would do everything in our power to create a better business climate to help our existing employers retain and grow jobs - and we've done just that. We also said we would aggressively recruit major new employers to provide the jobs of the future for our young people - and we're doing just that. Companies are choosing Louisiana because we offer a highly rated business climate and a competitive workforce with great talent and desire. The arrival of CGI in Lafayette means we will retain even more of our best and brightest graduates while also recruiting out-of-state talent who will recognize Louisiana as the best state for business and career opportunity."