Page 383 - Microsoft Word - FY 2020 Adopted Budget Document

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 research, International Date
gain industry intelligence, and forge relationships with Tradeshows/Conferences
international industry decision makers, as well as site selectors Texas Investment Summit Monterrey Feb. 2019
in the targeted international markets. SelectUSA Canada Feb. 2019
UTA Business Analytics Symposium Mar. 2019
Within the past few years, Staff has expanded foreign direct SelectUSA D.C. June 2019
investment efforts by attending trainings, conferences and NASCO Continental Reunion Sept. 2019
expos known to result in the generation of viable leads. Staff
will also work to establish partnerships with affiliate
organizations and local brokers to assist in the promotion of
Arlington as a prime location for global investment.

Staff’s progress in the expansion of its international efforts will
be tracked and reported, and any resulting relocation or
recruitment projects will be identified.

Update:
NASCO is a tri‐national network of North American
governments, businesses, and educational institutions focused
on strengthening the supply chains and workforce of North
America. At the end of September, Staff joined NASCO’s annual
Continental Reunion in Columbus, Ohio. The Continental
Reunion brought leaders of businesses that conduct trade across
North American borders together with Mexican, Canadian, and
American government and educational institution
representatives to discuss issues pertaining to trade and
workforce. At the forefront of the discussions this year were the
implications of the NAFTA replacement, United States‐Mexico‐
Canada Agreement, or USMCA.

Staff found the event to provide excellent networking
opportunities and great insights. Staff will remain active in
regional NASCO events and look forward to next year’s
Continental Reunion which will take place in Mexico.

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