On June 14, Mayor Brown and City Council hosted a networking reception for visiting representatives from a number of businesses from India who are seeking trade and investment opportunities in Brampton. Coordinated by the Indo-Canadian Business Chamber (ICBC), the Mayor and Councillors hosted businesses from several sectors including finance, transportation and logistics.
The reception supported Brampton’s Foreign Direct Investment (FDI) strategy, which focuses on building the types of assets that attract investment and capitalizing on the City’s existing strengths in several key economic sectors – Advanced Manufacturing, Health and Life Sciences, and Innovation and Technology. Earlier this year, Brampton City Council approved an Operating Capital Budget of $1.875 million to be used to implement the FDI strategy and work plan. The City’s FDI plan is diversified across a number of geographic areas.
To learn more about the FDI strategy, pleaseclick here.