FDI and the Chippewa Valley
In the past year, the Chippewa Economic Development Corporation (CEDC) has been working with entrepreneurs from the United Kingdom on a development project in the Chippewa Valley. The entrepreneurs have met with CEDC for 26 weeks straight and have even visited the area 3 times. As a Foreign Direct Investment (FDI), their business plans are moving along. What is foreign direct investment, and why is it important you ask? In today’s increasingly globalized world, FDI plays a major role in the development of both developed and emerging economies. FDI is an investment made by a company or individual in a company based in another country. It can take many forms, such as the purchase of shares in a foreign company, the establishment of a subsidiary in a foreign country, or the creation of [...]







