Page 43 - CityofArlingtonFY26AdoptedBudget
P. 43

Business Plan





                                               Grow Our Economy
                                            Forge Local Business Community
                     Project                     Performance Measure(s)                     Department(s)
             Expansion of Foreign Direct   • Build Programmatic Infrastructure      Economic Development Services
             Investment (FDI) Promotion   • Develop Internal and External FDI Partners   and Economic Development
                                      • Assess and Efficiently Deploy and Track Resources   Corporation
                                        and Results
                                      • Attract International Business Jobs and Investment

             Summary:                                                       International             Date
             Arlington Economic Development Corporation (EDC) staff    Tradeshows/Conferences
             continues to conduct research, build process, gain industry
             intelligence, and forge relationships with international
             industry decision makers, as well as site selectors in targeted
             international markets in order to move forward with the
             general Foreign Direct Investment (FDI) framework
             presented to the EDC Board in March 2025.

             Within the past few months, staff has expanded foreign direct
             investment efforts by attending conferences, developing and
             hosting the Texas Japan Summit with the US Japan Council,
             and identifying trade shows, expos, and international-focused
             events to result in the generation of viable leads.  Staff will
             also work to strengthen 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 recorded in HubSpot.


































            FY 2026 Proposed Budget and Business Plan                                        37                                                                City of Arlington, Texas
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