Georgetown is said to be the third oldest port city. The city's strategic location between Myrtle Beach and Charleston, and exceptional economic climate offers a superior location for business. The city serves as the industrial and governmental center for the Georgetown County. Georgetown, in close proximity to Myrtle Beach, temperate climate and availability of recreational amenities provides an ideal spot for tourist destination, and development of industries involved in entertainment, aviation, transport, hotel, international trade, continental restaurants, marinas, telecommunication and apparel. Prime source of employment for the inhabitants of the city encompass industries of manufacturing and retail trade, due to low operating costs and high return on investment. Businesses related to manufacturing of alternative medicine, household appliances, automotive, chemicals, and computer equipments, home building equipments, telephone equipments and wines, contribute to the economy of Georgetown. A healthy service industry provides services related to truck repairing, telecommunication, transportation, rehabilitation, mailing and shipping, legal counsel, health, carpet rug and upholstery cleaning; enhance the economic condition and provide a high quality life for the citizens.