Foreign investment plan launched

TAMPA — The Tampa Bay Export Alliance launched the Global Tampa Bay Foreign Direct Investment Plan to foster global engagement.

The plan outlines specific steps local business, civic and government leaders can take to leverage foreign direct investment to foster global engagement, according to a press release. The strategy is part of Tampa Bay's participation in the Global Cities Initiative, a joint project of the Brookings Institution and JPMorgan Chase to help metropolitan leaders advance regional economies by strengthening international connections and competitiveness.

“This is the first time that we've come together as a region to develop a strategy for marketing Tampa Bay globally,” says Tampa Hillsborough Economic Development Corporation President and CEO Craig Richard in a statement.