Greater Richmond named a top spot for foreign direct investment

RICHMOND, Va. (June 18, 2021) – The Greater Richmond Partnership (“GRP”), the lead regional economic development organization serving the City of Richmond and counties of Chesterfield, Hanover and Henrico in Virginia, announces that Richmond, Va., was ranked as one of the winners of the fDi Intelligence’s American Cities of the Future 2021/22 biennial rankings.

This time, the Richmond Region earned three accolades from the foreign direct investment (FDI) publication, which is a division of the Financial Times of London:

  • 7th Mid-Sized American Cities of the Future for Economic Potential
  • 7th Mid-Sized American Cities of the Future for Human Capital and Lifestyle
  • Richmond has also been ranked 11th in the Top 25 American Cities for FDI Strategy

“Greater Richmond’s fDi rankings in the Top 10 for both Economic Potential as well as Human Capital and Lifestyle mimics what GRP hears from international companies who located businesses here,” said Leslie T. Haley, Chair of the Greater Richmond Partnership and Chair of the Chesterfield County Board of Supervisors. “Our marketing message to international firms is clear: find your workforce and affordable sites in Greater Richmond.”

“We’ve had many successful FDI projects throughout GRP’s history and the region has become a soft landing place for foreign firms who want to open a sales office or start a small distribution or manufacturing operation in the USA,” said Jennifer Wakefield, GRP President and CEO. “For the submission this year, fDi Intelligence changed the focus of its questionnaire to sustainable business recruitment. We know this is an area where the region can grow.”

The Richmond Region has landed in fDi’s list of top places in 12 consecutive years of publication’s rankings and our list of foreign-affiliated firms continues to grow. More than 230 foreign companies have operations in Greater Richmond that employ more than 26,000 local workers.

About the GRP

The Greater Richmond Partnership, Inc. (GRP) is the lead regional economic development organization for the City of Richmond and counties of Chesterfield, Hanover and Henrico in Virginia. GRP attracts new companies to the region by providing in-depth market data, marketing the region globally and generating quality economic opportunities. For more information, visit www.grpva.com.

###