Foreign Direct Investment – Helping Wisconsin’s Economy
Katie Sinnott (Vice President of international business
development at the Wisconsin Economic Development Corporation) claims that in
terms of international business development, many people think that exporting and
foreign direct investment are two separate things. She argues that they are
more related than we realize.
Katie’s goal is to help Wisconsin’s economy grow through
increased exports, as well as increase foreign direct investment. She says that
FDI benefits not only the company that is making the investment, but also the
local company that’s being invested in and the company’s local suppliers.
WEDC (Wisconsin Economic Development Corporation) is working
with the Global Cities Initiative (GCI) to help the perceptions of FDI grow.
GCI is a joint project of the Brookings Institution and JPMorgan Chase which
try to boost exports and FDI.
Here in Wisconsin, there is a core team, including WEDC that
engage with the Brookings to help with FDI strategies, specifically in
Milwaukee. This core team is working to help with exports and the growth of
FDI, as well as come up with strategies to improve FDI in Wisconsin.
Find out more about our Core Team by clicking the link
below!
This is interesting to learn about foreign direct investment and different roles that people have in our own state. I think it would be thought-provoking to see the completed FDI strategy that Katie and her team come up with.
ReplyDeleteYou might write to Katy and ask for copies of FDI strategy documents. You've paid for them. katy.sinnott@wedc.org
ReplyDelete