Page 364 - City of Arlington FY19 Adopted Operating Budget

Invest in Our Economy

Goal 1: Enhance Economic Impact Through Development and
Redevelopment Efforts, Partnerships, and Investment Opportunities
Objective 2: Build a Strong and Diverse Business Community
Project Performance Measure(s) City Service Team (Department)
IOE Expansion of Foreign Direct Marketing Tradeshow Events Economic Development and Capital
1.2.3 Investment Promotion Investment (ED)
Summary:

Economic Development Staff continues to conduct International Tradeshows/Conferences Date
research, gain industry intelligence, and forge relationships 2017 NASCO Continental Reunion Oct. 2017
with international industry decision makers, as well as site 2017 EAIC German Delegation Nov. 2017
selectors in the targeted international markets. Sponsorship
2018 SelectUSA Manufacturers’ Forum Feb. 2018
Within the past few years, Staff has expanded foreign Tokyo Chamber of Commerce & Industry Feb. 2018
direct investment efforts by attending trainings, Delegation
conferences and expos known to result in the generation Democratic Republic of Congo Apr. 2018
of viable leads. Staff will also work to establish Delegation Tour – Arlington
partnerships with affiliate organizations and local brokers Japan‐Texas Investment Summit – May 2018
to assist in the promotion of Arlington as a prime location Houston
for global investment. Select USA Washington June 2018

Select USA Spinoff – Richardson June 2018
Staff’s progress in the expansion of its international efforts J‐GoodTech Sept. 2018
will be tracked and reported, and any resulting relocation
or recruitment projects will be identified.

Update:
Over the quarter, Staff had the opportunity to prepare and
present presentations to two major international
companies, one based in Japan and one based in Taiwan.

The pitches provided Staff a great experience in

multicultural business dealings.

Additionally, in September, Staff joined a conference at the
Sheraton Arlington that was put on by the Japanese

Ministry of Economy, Trade and Industry. The Ministry

developed a program called J‐GoodTech to help Japanese
companies identify potential customers, distribution
partners, technology licensing opportunities,
manufacturer’s reps and other business partnerships
outside of Japan. The Dallas/Fort Worth area was selected
to be the first US location to participate in the J‐GoodTech
program. The program brought 25 Japanese
manufacturing companies seeking to develop collaboration
opportunities with local manufacturers through one‐on‐
one meetings.

33