2024 Industrial Investment Action Plan
- jennifer-rice
- Jul 3, 2024
- 1 min read
Economic Development is one of the key factors for our city to maintain its financial health.
Last week, Council received the 2024 Industrial Investment Action Plan: Industrial investment and growth are key components to grow the industrial tax base in Edmonton and are essential to the City’s fiscal sustainability. Industrial investment and growth help the City maintain core services and advance key priorities needed to be a healthy, urban city in a prosperous region.
The first Industrial Investment Action Plan (IIAP) was developed in 2016 and set a path to increase growth in Edmonton’s industrial areas through nine distinct actions.
Since 2016, the economic ecosystem has evolved and a refreshed plan is needed to realign the Industrial Investment Action Plan to current realities - where the 2016 IIAP focused on attracting investment for Edmonton’s most hard-to-develop industrial areas, the 2024 IIAP focuses on industrial development to support growth that generates a return on investment for the City.
If you have any concerns or questions, do not hesitate to contact me through:
Email: jennifer.rice@edmonton.ca
Phone: 780-496-8132
