LDA secures positive future for investment – London First commentNovember 29, 2007
In response to the London Development Agency announcement to award the foreign direct investment agency contract to Think London, London First Chief Executive Baroness Jo Valentine said:
“To retain its position as the leading world city, London must continue to attract foreign investment and promote itself as the best place in the world to do business. London First established Think London in 1994 as the first agency dedicated to this task and so are thrilled to see their hard work rewarded with this new contract. It is an acknowledgement of Think London’s successful track record, ensuring that not only London, but the entire country benefits from the jobs and investment these overseas companies bring.”
– ENDS –
Notes to Editors
London First is a business membership organisation whose mission is to make London the best city in the world in which to do business. London First undertakes this by mobilising the experience, expertise and enthusiasm of the private sector to develop practical solutions to the challenges facing London. London First also seeks to persuade central and London government to make the investments that London needs in its infrastructure
London First delivers its activities with the support of 300 of the capital’s major businesses in key sectors such as finance, professional services, property, ICT, creative industries, hospitality and retail. Membership also includes all of London’s higher education institutions as well as further education colleges and NHS hospital trusts. London First members represent 26% of London’s GDP.