International Economic Development Missions Opens Pathway for Investment
HAGERSTOWN, Md. – Several members of the Washington County Board of County Commissioners in conjunction with key County staff, recently completed their third international economic development project mission in the Northeast Asia region. As a result of the missions, numerous memorandums of understanding have been signed with key South Korean entities.
The multiple meetings with government, business and investment firms have resulted in the creation of the Cascade Town Centre, the former Fort Ritchie property. The property, which has seen little redevelopment success in 15-years, could see economic activity as soon as the first quarter of 2017.
“These meetings are proof of our commitment to good paying jobs for our citizens,” stated Gregory B. Murray, county administrator. “By mid-next year, we could see two potential industries join our community.”
An integrative medicine group will occupy existing space within Cascade Town Centre during the first quarter of 2017. They will soon be joined by a soybean and natural food manufacturer by second quarter 2017.
The efforts continue as JG Business Link International (JGBLI) is acting as the County’s agent working on funding and project prospects. JGBLI’s and the County’s efforts have been funded via Hotel Rental Fund and not general taxpayer dollars. For additional details see mission fact sheet.
For more information, contact Public Relations James Jenkins at 240-313-2384.
About JG Business Link International, Inc.
JGBLI is a Maryland based company founded and registered in February 24, 2008. The purposes of establishment are to provide consulting in establishment of company, M&A, joint research and development, TEA of CRO, CMO and OTC for licensing of FDA, investment and research, funding through authentication managements of new growth power industries such as Biomedicine, convergence of IT and BT, various diagnostic equipment, natural substance functional foods, cosmetics, medicine material, cell cultivation technique, research and business development and copyright needed for development environmental-friendly energy, UL, Caliper, ENERGY STAR®.
About Washington County, Maryland Government
Washington County, Maryland Government strives to fulfill its duty to the citizens of Washington County with regard to operational efficiency, fiscal responsibility, and responsiveness to the needs of the community. This vision is used to ably assist the Board of County Commissioners of Washington County in achieving goals for moving the County forward as present needs and future plans are addressed.
According to the Maryland Department of Legislative Services, the Washington County General Fund has one of the lowest costs per capita for services provided of all 23 counties and Baltimore City. This is attributed to the efficiency, staffing levels, and cost containment exhibited in Washington County Government operations. Visit www.washco-md.net for more information.