Miami-Dade Beacon Council Conducts Economic Development Mission to Spain to Attract Business and Grow Jobs in our Community

February 16, 2017

Marking the 16th Mission to Spain since 1998,
resulting in major gains in local economy

 

(Miami, FL) Feb. 16, 2017 - Miami-Dade County and Spain have always enjoyed a strong and long-term investment partnership. Spain is becoming more of an influence on this area's economy with more than 40,000 Spaniards living in Florida, more than 400 Spanish companies doing business in Florida and trade figures between the Miami Customs District and Spain reaching nearly $926 million in 2015, which is a sizable 25 percent increase from 2014.

To continue to attract business and grow jobs in our community, the Miami-Dade Beacon Council is partnering with the Greater Miami Chamber of Commerce and Enterprise Florida to embark on an economic development mission to Spain from Feb. 21 to March 1.

Chair Jaret L. Davis, Greenberg Traurig Miami Co-Managing Shareholder, and Interim President & CEO Sheldon T. Anderson will lead the mission that includes meetings in Madrid and Barcelona with top company prospects in a variety of industries.

"We look forward to the opportunity to meet with more than 100 Spanish companies and highlight Miami-Dade's world-class infrastructure, multicultural and multiethnic workforce and strategic geographic location," Davis said.

In Madrid, the Council is partnering with Enterprise Florida, the GMCC and the Trade Commission of Spain in Miami to hold two multi-sector business seminars, one at the Madrid Chamber of Commerce *, and another, held the same day, at a luncheon sponsored by BBVA Bank Spain.

The seminars will provide specialized presentations by the Council, Enterprise Florida and Miami-Dade private sector representatives, including a speaker from Kaufman Rossin, discussing tax considerations, and Greenberg Traurig, presenting legal considerations.

"Spain is Miami-Dade's top foreign direct investment partner thanks in large part to the long-term efforts of the Miami-Dade Beacon Council," said Carlos Somoza, International Tax Principal for Kaufman Rossin. "The economic impact of bringing these high-paying jobs is significant and widespread throughout our community."

In Barcelona, Council leadership will attend the Mobile World Congress, the world's largest exhibition for the mobile industry. Last year, more than 100,000 people attended and 2,200 companies exhibited products and services.

This mission marks the Miami-Dade Beacon Council's16th economic development mission to Spain since 1998.

Spanish business presence in Miami-Dade has grown steadily in recent years; since 1996, the Miami-Dade Beacon Council has assisted 102 Spanish companies in locating to Miami-Dade County, creating nearly 3,000 direct jobs and more than $223 million in new capital investment.

The County's official economic development partnership is currently working with 12 Spanish companies interested in relocating or expanding in our community. Spanish companies located in Miami-Dade include: BBVA Compass Bank, Eulen, Ferrovial, Informática El Corte Inglés, MAPFRE, OHL USA, and Telefonica USA.

*At time of print, 93 companies were registered to attend the seminar.

About Miami-Dade Beacon Council

The Miami-Dade Beacon Council is Miami-Dade County's official economic development partnership. The not-for-profit public-private organization focuses on job creation and economic growth. Since 1985, the organization has assisted more than 1,000 businesses that have created nearly 67,000 direct jobs and added more than $4.3 billion in new capital investments. It accomplishes this by marketing Miami-Dade as a world-class business location, growing local companies and shaping the local economy's future. For more information, visit

www.beaconcouncil.com