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City of Glendale Pursues More FDI Opportunities
The City of Glendale is continuing efforts to attract foreign direct investment (FDI), city officials said. Already, there are more than 1,400 local jobs supported by FDI and more than 90 foreign-owned enterprises in Glendale, according to a report from the Governor’s Office of Economic Development.
The top foreign direct investment markets where Glendale has attracted most of its foreign-owned enterprises include the United Kingdom, France, Japan, Switzerland, Canada, the Philippines, Germany, the Netherlands, Australia, Luxembourg, Bermuda, and South Korea.
“Pursuing FDI is a viable way to bring more business opportunity to the city,” said Glendale Director of Community Development Bradley Calvert. “When you look at the numbers, it underscores why the city wants to increase connections with global partners. We can help create international market access for our local businesses while attracting more foreign investment overall.”
In Glendale, the sectors that have brought the greatest FDI into the city include retail trade, finance and insurance, administrative support, professional services and wholesale trade. Some of the foreign companies already operating in Glendale include Great West Financial, PCL Construction, Addeco, Sodexo and Airgas.
- ◦Financing
