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inRoads // 2011
August
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In This Issue
2011 Announcements
Survey
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Industry News:
Alliance Visits Economic Powerhouse South Korea
You may be familiar with the fact that South Korea is home to highly successful companies like Hyundai and Kia Motors,
but few people realize that it is actually the birthplace of dozens of corporate giants. Other industry titans that call
South Korea home include Samsung, LG, and Hanjin Shipping. South Korea is a burgeoning economic superpower, with a gross
domestic product that exceeded $1 trillion as of 2010. In 2008, the Organization for Economic Cooperation and Development
(OECD) named South Korea the "World's Hardest-Working Country," citing a corporate culture that values long hours and a
cooperative government.
Read More >>
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On The Road:
Winds of Change Lead to the Windy City
HREDA has selected Chicago as one of our areas of concentration for 2011 for a myriad of reasons. As a major business hub,
Chicago is ripe with prospects looking to either relocate or expand their current operations. In fact, one project from
Chicago has already short-listed our region and is expected to make a location decision this year. In addition, Norfolk
Southern's $320 million "Heartland Corridor" project will cut 250 miles and a day's transit time from Chicago to Norfolk.
Read More >>
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Combining Efforts:
Regional Executives join HREDA in New York
On May 3, Governor Bob McDonnell – along with Arlington County, the Greater Richmond Partnership, the Hampton Roads Economic
Development Alliance and the Virginia Economic Development Partnership – hosted a luncheon at New York City's 21 Club for
approximately 100 executives from New Jersey, New York and Connecticut. The luncheon provided an important opportunity to
extend the marketing reach of the participating economic development organizations and demonstrate the mutually supportive
relationship between the corporate and economic development communities in Virginia. een the corporate and economic development communities in Virginia.
Read More >>
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Office News:
1 of 28: Alliance retains top status
The International Economic Development Council (IEDC) has once again recognized the Hampton Roads Economic Development Alliance
as one of 28 Accredited Economic Development Organization (AEDO). The Alliance is pleased to have maintained AEDO status since
initially being accredited in 2004. The IEDC is the largest membership association serving economic and community development
professionals in North America.
Read More >>
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500 Main Street, Suite 1300
Norfolk, VA 23510 USA
757-627-2315
Website: www.hreda.com |

HREDA © 2011 |
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