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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 Recruitment Related Events Attended Economic Development and Capital
1.2.3 Investment Promotion Investment (ED)

Summary:
International Date
Economic Development Staff continues to conduct Tradeshows/Conferences
research, gain industry intelligence, and forge relationships IEDC Annual Meeting Oct. 2020
with international industry decision makers, as well as site Select USA June 2021
selectors in the targeted international markets.

Within the past few years, Staff has expanded foreign
direct investment efforts by attending trainings,
conferences and 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:
OED staff hosted a virtual booth at the Select USA summit,
a well‐known foreign‐direct investment tradeshow, to
market Arlington globally. The event is usually held in‐
person in Washington, DC and well attended with business
representatives from various countries looking to invest in
the U.S. It was held virtually this year due to the ongoing
impact from the pandemic. Staff received a list of contacts
from the list and obtained a few leads. Additionally, Staff
met a company specializing in recruiting FDI leads.

The OED strives to remain in a competitive position by
maintaining significant partnerships with key international
organizations and businesses that are directly involved
with and actively participating in foreign direct investment
(FDI) activity. Staff will continue to look for opportunities
and creative ways to promote the city for new investments
both domestically and abroad.

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