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Acronym of the Week: FDI

What does FDI mean?

FDI stands for Foreign Direct Investment—the investment made by a company from one country into business operations in another.

In economic development, attracting FDI can mean new jobs, capital investment, technology transfer, and expanded opportunities for local suppliers and businesses.

Many communities compete globally for these investments because of the long-term economic benefits they can bring.

Acronym of the Week: RFI

What is an RFI?

An RFI (Request for Information) is often the first step in the site selection process. Companies use it to gather general information about communities, sites, and resources.

It’s an opportunity for communities to showcase their strengths and get on a company’s radar early in the decision-making process.