The city of Peoria has renewed its contract with the Greater Phoenix Economic Council for fiscal year 2021 in the amount to $88,225. Funds will be used from the Half-Cent Fund City Participation Outside Programs account.
GPEC is a private/public partnership representing the majority of communities in Maricopa County whose mission is geared toward attracting quality businesses to the region from around the world, as well as advocating and championing foundational efforts to improve the region’s economic development competitiveness. GPEC’s primary role is image building and marketing for the greater Phoenix region, and adds value to retention and expansion of existing businesses through regional support and research on key projects.
Since 1991, Peoria has been a member of GPEC, which currently has 22 community members and is the leader in regional economic development. Membership with GPEC provides the city with development leads and prospects, and exposes the city to a national and international corporate site selection audience, as well as within metropolitan Phoenix. In addition, a membership in GPEC allows Peoria to have a voice on decisions made regarding regional economic development strategies.