If California submits the winning, Silicon Valley would host the 2020 World Expo. It is an international showcase of technological and industrial developments. Schwarzenegger says California hosting the expo would be good for California's economy.
"We know that a world expo would also bring 50, 60 million people, visitors. That would be great for California, that will be great for business, it will stimulate the economy, and also it will create jobs."
Schwarzenegger says Silicon Valley is an ideal place to host
the expo because of its abundance of Fortune 1000 companies. The
governor says he'll put together a task force to oversee the
state's application as soon as he gets back to the states later
this week.
