BRAMPTON, ON (September 19, 2019) – Mayor Patrick Brown and Councillors are excited to launch Brampton’s 2019 Foreign Direct Investment (FDI) missions. Next week, Mayor Patrick Brown, elected officials, and economic development staff will attend the MedTech Conference happening in Boston from September 22-25.

Earlier this year, Council approved a budget of $1.875 million to implement Brampton’s FDI strategy and work plan. The FDI strategy will deliver on the goals of the Economic Development Master Plan (EDMP) and 2040 Vision, specifically to attract new investment and jobs, fill gaps in the supply chain, diversify the tax base, and promote economic growth. The program also aims to raise the City’s global profile as a competitive place in which to do business, and initiate lead generation activities aimed at attracting FDI to the city.

Brampton’s FDI efforts focus on the City’s key sectors: Health and Life Sciences, Advanced Manufacturing (including Food and Beverage Manufacturing), and Innovation and Technology. The MedTech conference is a perfect fit for Brampton in the Health and Life Sciences sector, and trade show meetings and activities have been developed in collaboration with Medtech Canada.

Medtech Canada is Canada’s industry association for the medical technology industry, which is contributing to enabling the digitization of health care, providing more connected care and providing opportunities for more patient-centred care in community settings.

Other missions planned for this year include:
• Anuga Food Fair, Cologne, Germany
• Web Summit, Lisbon, Portugal

To learn more, visit www.investbrampton.ca.

Quotes

“I’m excited to kick off our FDI missions and meet with key business leaders from around the world. FDI is an investment in the city’s future. We want the top industries to know that when they choose Brampton to develop, expand and invest in, they will be met with highly skilled talent, competitive advantages and access to the global market place.”  
- Brampton Mayor Patrick Brown

“In order to accommodate expected population growth and develop the economic base to support it, it’s critical for Brampton to strengthen its profile within the global marketplace. A strong global presence will help us attract business, foreign direct investment and jobs.”
- Regional Councillor Gurpreet S. Dhillon, Chair, Economic Development

“Developing relationships with potential investors is critical to successfully securing FDI opportunities. These missions are essential to making introductions and furthering our relationships with key global business leaders.”
- Clare Barnett, Director, Economic Development and Culture
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