As Spring arrives and we close out the first quarter of 2024 I am happy to highlight a few significant events that have shaped our efforts in promoting economic growth and fostering partnerships in the Hampton Roads region.
On March 7, the Alliance had the honor of hosting the Embassy of Finland, marking NATO’s 31st allied nation, for a comprehensive tour of our region. The delegation explored local business opportunities, particularly in shipbuilding and port security, areas where Hampton Roads shines as a global leader. With our strategic location and robust infrastructure, we serve as a pivotal hub for global security, making us an attractive destination for Finnish maritime companies. I extend our sincere gratitude to our investor, VIA Design, for graciously hosting the delegation reception, underscoring the collaborative spirit that defines our alliance.
The Alliance also actively participated in the Submarine Industrial Base Council and Aircraft Carrier Industrial Base Council’s annual action days, a vital platform for engaging with supply chain stakeholders and industry leaders. As the United States faces escalating tensions across the globe, the modernization and transformation of our military has become an urgent concern and Hampton Roads is well positions to capitalize on the “Defense Dividend”.
We also had a successful collaboration event with VEDP in our pursuit of economic development excellence. Focused on Virginia’s strategic realignment towards Knowledge Work sectors, including software, cybersecurity, financial services, and aerospace and defense innovation, the workshop underscored the immense growth potential of our state over the next decade. Participants, representing various industries, engaged in insightful discussions, providing valuable feedback to shape pioneering economic development strategies that will propel our region to new heights.
As always, I extend my appreciation to all our partners, investors, and stakeholders for their unwavering support and dedication. Together, we will continue to champion economic prosperity and sustainable growth in this region we call home.
Your ally in economic development,
Doug Smith
President & CEO
