Page 60 - ArlingtonFY24AdoptedBudget
P. 60

Business Plan




                                              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)                 Department(s)
             IOE   Expansion of Foreign Direct   Recruitment Related Events Attended   Economic Development
             1.2.3  Investment (FDI) Promotion
             Summary:
                                                                            International             Date
             Economic Development Staff continues to conduct           Tradeshows/Conferences
             research, gain industry intelligence, and forge relationships
             with international industry decision makers, as well as site
             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.














































             FY 2024 Adopted Budget and Business Plan                                        51                                                                City of Arlington, Texas
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