Foreign investment plan launched

June 2, 2017

Business Observer

The Tampa Bay Export Alliance launched the Global Tampa Bay Foreign Direct Investment Plan to foster global engagement.

The plan outlines specific steps local business, civic and government leaders can take to leverage foreign direct investment to foster global engagement, according to a press release. The strategy is part of Tampa Bay’s participation in the Global Cities Initiative, a joint project of the Brookings Institution and JPMorgan Chase to help metropolitan leaders advance regional economies by strengthening international connections and competitiveness.

“This is the first time that we’ve come together as a region to develop a strategy for marketing Tampa Bay globally,” says Tampa Hillsborough Economic Development Corporation President and CEO Craig Richard in a statement.

Members of a core team working on the project have collected data, done research, conducted interviews with locally based foreign-owned companies, held roundtables and attended meetings in Washington, D.C.

“The Tampa Bay region is well-positioned for global investment,” says Pinellas County Economic Development Director Mike Meidel in a press release.  “Adding the strategies provided by this study to the programs and partnerships we’ve already deployed will further our mission of helping local companies expand and create new jobs.”