December 1st, 2015
Council Approves Motion to Join the Central Alberta Economic Partnership
The Central Alberta Economic Partnership (CAEP) is an organization of 35 municipalities, 1 First Nation, and 11 Associate members in Central Alberta who meet and work together for the economic betterment of the central Alberta region. Member communities include Kneehill County, Olds, Sundre, Red Deer, and now Drumheller.
Up until now, Drumheller did not belong to a regional economic partnership and the Economic Development Task Force feels very confident this will be beneficial for the community. Advantages include professionally prepared economic indicator reports, networking with other communities, and the soon to be launched Zoom Prospector software which will enable prospectors to speed up the site selection process.
In addition, CAEP works with the Central Alberta Access Prosperity Network, a nonprofit organization that travels to key countries around the world to promote the region and to unlock opportunities for member communities. Through these foreign direct investment meetings, CAEP enables member communities to connect with investment/business opportunities interested in Central Alberta.
Over the next few weeks the membership process between the Town of Drumheller and CAEP will begin and is expected to be completed in time for 2016.
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