BRAMPTON, ON (October 4, 2019) – Next week, Mayor Patrick Brown and Regional Councillor Pat Fortini will take Brampton’s Foreign Direct Investment (FDI) journey overseas to attend the Anuga Food Fair in Cologne, Germany.
With more than 7,500 exhibitors and 165,000 global visitors, Anuga is the world’s largest global food and beverage trade show. Brampton has a large, diverse industrial base and Anuga provides a great opportunity for Brampton to pursue more investment in the city’s food and beverage sector, which already employs over 8,500 people in almost 300 companies. Top employers in the food and beverage sector in Brampton include headquarters for Loblaws, Maple Lodge Farms and Italpasta. Additionally, key employers like Coca-Cola Bottling have facilities in Brampton. All of these companies have strategically positioned themselves within Brampton to take advantage of the city’s talent, infrastructure and market access.
Last month, the City of Brampton launched its FDI strategy Investment Missions at the MedTech Conference in Boston. City representatives met with dozens of global business leaders at the conference and carried out a corporate call program with businesses interested in expanding to Canada.
The FDI strategy is key to delivering the City’s Economic Development Master Plan (EDMP) and 2040 Vision goals. Specifically, FDI will fill gaps in the supply chain, diversify the tax base, promote economic growth, and raise Brampton’s profile globally as a competitive place to do business. Foreign direct investment will also attract new investment and jobs to the City, benefitting all Brampton residents.
“I have no doubt that the face-to-face meetings and discussions we had, and the contacts we made in Boston, will serve us well as we bring new foreign direct investment to Brampton. We will follow up with each contact we made to build relationships and discuss the exciting investment opportunities across our great city. We are making it clear to the world that Brampton means business now.”
- Mayor Patrick Brown
“We look forward to taking advantage of this opportunity in Germany to speak with potential investors about the many reasons Brampton is a great location for them to consider. We will speak to them about our young, talented, diverse workforce and our prime location. We’re very close to Canada’s largest airport, have great access to highways and Brampton’s intermodal rail terminal is the largest in Canada. We have so much to offer foreign investors in the food and beverage manufacturing sector, and we look forward to telling them all about our great city.”
- Regional Councillor Gurpreet S. Dhillon, Chair, Economic Development Committee
“With each FDI Mission, we are making new contacts and building relationships with business leaders in Brampton’s key sectors from around the world. It is these relationships and the extensive follow-up our staff will do that will lead to foreign direct investment in our city over time.”
- Clare Barnett, Director, Economic Development and Culture
As one of the fastest-growing cities in Canada, Brampton is home to 650,000 people and 70,000 businesses
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Senior Advisor, Public Relations, City of Brampton
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