A delegation from Chester County recently traveled to Washington, D.C., to promote the county in order to attract foreign business and investment to the region.
The delegation included Chester County Commissioner Terence Farrell, Chester County Economic Development Council COO Mike Grigalonis, and CCEDC International Business and Investment Manager Komeil Nasrollahi.
They met with the Embassy of Singapore, as well as four Japanese companies at the Embassy of Japan.
“Singapore and Japan are U.S. allies, and they both have a history of investment in the U.S.,” said Farrell. “Singapore is the sixth-fastest-growing source of FDI (foreign direct investment), and Japan is the third-largest source of FDI in the United States. Consequently, it makes a lot of sense to get in front of companies from Japan and Singapore and promote Chester County to open doors for our local firms interested in doing business in these countries or seeking investment from them.”
After meeting with the Japanese companies, the Chester County delegation was invited to meet with their business and investment team in New York City, so they can learn more about opportunities in Chester County.
“The CCEDC has provided international business assistance in our region for more than 30 years,” said Grigalonis. “In recent years, our focus has been on the Chester County China Initiative, a partnership with Commissioner Terence Farrell and the County of Chester. We’ve had great success with the China Initiative and believe we can expand the model to other Asian countries and other key markets around the world. We are looking forward to engaging CCEDC’s Global Business Advisors (GBA) and tapping into their vast knowledge and expertise.”
If you would like to learn more about GBA or how CCEDC’s global outreach could support your business, please contact Komeil Nasrollahi at Knasrollahi@ccedcpa.com.