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3 Reasons Why Pittsburgh Is Perfect for the G-20

Tuesday, August 25, 2009 at 07:21 PM EDT

Over the past 3 decades people of Pittsburgh worked hard together to get a bright future. As a result it has become a model for economic and environmental changes. The life of people has also transformed with great ease and diversity, which lead to a balanced and bouncing economy. There are three reasons to their success and they are,

• Pittsburgh develops itself as a land focusing mainly on manufacturing, finance, business services and energy.

In this case first it deals with Manufacturing that is advanced manufacturing they employ around 10,000 workers in their manufacturing department and this is world’s second largest market in the US for metals industry employment. As it is the heart of steel production, Pittsburgh raised itself as a global center for advancement in manufacturing engineering, technologies and systems. Also this is a home for many leading manufactures in the world. In Financial and Business Services, Pittsburgh acts as the center for leading financial activities as it contains many leading financial institutions such as BNY Mellon, Citizens Bank, and etc. In the field of energy its domination continues from 1859 with the first commercial oil well and up to recent development such as first natural gas well and supply of gas through pipelines and also first commercial nuclear power plant in the nation.

• Pittsburgh takes advantage of human capital to act effectively to create new industries based on research, innovation and entrepreneurship.

Pittsburgh developed in all areas and marked its foot on each field. As an example in Health Care and Life Sciences, Pittsburgh has tripled its size on health service sector from its start of 1979 and created more than 10,000 jobs. In the field of Education and Research it has extended to Two Tier -One research institutions and in this more than 70,000 workers have employed. Next in the Information and Technology field, this has about 1,600 firms such as Apple, Ansys, Black Box, Google, Intel and Mastech with more than 32,000 employees.

• Pittsburgh used its natural and cultural assets to invest in their infrastructure and facilities.

In the Public-private Partnerships, the innovative ideas lead them to develop air emission control technologies, cleaning waters systems, community development and it goes on. In arts and culture also it developed in many ways and reached new heights and in Going Green activity this has 30 LEED – certified green buildings and this is not seen anywhere in the world. Also this holds the first green building in the world.