"Every place can/might have extreme weather each year"
True, but not every place have an hurricane/tornado/typhoon/monsoon season... with a far bigger chance to be hit by extreme weather than others. Planning for earthquakes is another obvious thing to take care of - some areas have far larger chances than others. Tsunamis are usually avoided when you're not close to the sea.
Sure, you can still be hit by an asteroid anywhere, or Trump cold declare war to anybody, but the chances are far lower. That's called risk-assessment, but if beancounters preempt any reasonable choices and their eyes are filled with tears when they see cheap workers and subsidies, your chances of a failure becomes far, far bigger.