Page 336 - CityofArlingtonFY26AdoptedBudget

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
Economic Development staff continues to conduct Tradeshows/Conferences Date
research, gain industry intelligence, and forge relationships Tokyo Metro Delegation- Irving 1/27/25
with international industry decision makers, as well as site Tariffs & Trade WAC- Dallas 4/1/25
selectors in the targeted international markets. NASCO Continental Reunion- FW 4/2/25
Latin Business Connection- Arlington 4/10/25
Within the past few years, staff has expanded foreign Ind(ia)US Synergy Launch - Dallas 5/1/25
direct investment efforts by attending trainings, SER National Conference- Arlington 5/9/25
conferences and expos known to result in the generation Japan Sun&Star Legacy Awards-Dallas 5/26/25
of viable leads. Staff will also work to establish BIO International Convention- Boston 6/15 – 6/19
partnerships with affiliate organizations and local brokers
to assist in the promotion of Arlington as a prime location Update:
for global investment. • Japan Engagement & FDI Efforts: AEDC
connected with the Japan America Society (JAS),
Staff’s progress in the expansion of its international efforts met 10 Tokyo Metro SMEs, and is building
will be tracked and reported, and any resulting relocation relationships with two interested in Arlington.
or recruitment projects will be identified.
• Governor Omura Visit: At JAS’s request, AEDC
hosted Governor Omura of Aichi at AT&T
Japan-Texas Economic Summit
• Provided US Japan Council with the Contract Stadium; he has agreed to participate in the 2026
summit.
Compliance Certification •
• Working with staff to identify Texas-based FDI Strategy: Foreign Direct Investment (FDI) is a
speakers strategic priority. AEDC and OED are developing a
• Working with the US Japan Council on press framework and activation strategy aligned with
the Economic Development Strategic Plan.
release • Summit Sponsorship: AEDC pursued and secured
Other a 3-year sponsorship (starting April 2025) for the
• Sponsored and attended Japan America Society US-Japan Council’s Japan-Texas Summit.
Sun and Star Legacy Awards • Program Development: AEDC managed planning
• Invitee to JAS Awards table bringing bus tour of and logistics for the Aichi event (Feb–March),
international investors in September. aligning local business involvement strategically.
• State Rep Carl Sherman attended JAS event as a • Next Steps: Reviewing consultant procurement
guest. Also works in international business.
and budget for FDI program support and
maximizing benefits from summit-related
activities.

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