Economic Development is action taken locally by our community to provide economic opportunities and improve social conditions in a sustainable way. Economic Development is traditionally focused on increasing direct investment and creating jobs. In Beaumont, it is also a community-centred process that blends social and economic development to foster the economic, social, ecological and cultural well-being of communities.
The Town of Beaumont has staff devoted to economic development and are here to help with questions relating to purchasing land, building your facility, business viability and many more.
The Town of Beaumont is involved in the Federation of Canadian Municipalities (FCM) Municipal Partnership for Economic Development MPED program and is partnered with a municipality from Cambodia. The MPED program supports “sustainable and equitable economic development in seven developing countries.”
Cambodian delegates come to Canada
A group of 16 Cambodian delegates are visiting Canada from September 27 to October 8. The group is visiting all three Canadian partners, County of Newell, Town of Beaumont and the City of Chilliwack, British Colombia.
The purpose of this visit is to provide examples of types of local economic development initiatives.
Beaumont representatives visit Cambodia
In early September, 2011 representatives from Beaumont visited Kohthom on an assessment and project definition mission to identify the issues faced by the District in promoting local economic development, collect baseline data and agree to objectives for technical cooperation. Outcomes of the mission include a terms of reference for the Local Economic Development Strategic Planning Working Group as well as a proposed Local Economic Development Strategic Plan 2012 – 2015. The Strategic Plan focuses on agricultural productivity, business information exchange and business/agricultural financing.
About Kohthom and FCM
Kohthom is in the Kandal Province of southern Cambodia, close to the Vietnam boarder. The District’s population is approximately 170,000. The main industries in Cambodia are agriculture, textiles and tourism.
The Municipal Partnership for Economic Development (MPED) is operated by the Federation of Canadian Municipalities (FCM), which links communities in Canada with those in Vietnam, Cambodia, Mali, Burkina Faso, Tanzania, Nicaragua and Bolivia. Funding for the MPED program is through FCM and the Canadian International Development Agency (CIDA).
For additional information contact us.