Around Prince George's County
WI Staff Reports | 12/6/2011, 2:04 p.m.
Prince George's County Executive Rushern Baker Took Office One Year Ago
Upon taking office, County Executive Rushern Baker talked about a vision which included building Prince George's into an economic engine. Among his successes are the recent passing of the $50 million Economic Development Incentive (EDI) Fund, which bill will result in more job opportunities for residents.
Baker touted the EDI Fund as the most important and significant legislative priority of his administration.
The fund will create jobs, spur development and increase our commercial tax base, which over time will bring in much needed revenues for education and public safety.
Baker returned to Prince George's County this week following his economic development trip to India. The county executive was part of a delegation led by Maryland Gov. Martin O'Malley.
During the trip, the group met with Indian business and government officials, answered questions about the County from potential business partners and investors, and witnessed a number of agreements that will bring businesses and jobs to Maryland.
Three of those agreements--two signed in Hyderabad, and one in Mumbai--will directly impact Prince George's County by encouraging the growth and expansion of businesses.
"The agreements we have signed will bring business, jobs and millions of dollars back to Prince George's County while laying groundwork for future collaboration between our county and Indian businesses," said Baker. "By establishing these kinds of business relationships with one of the world's fastest growing economies, we are making an investment in our own economic future."
While in Hyderabad, Baker presided over an agreement signed between ANGARAI, a Greenbelt-based management consulting firm--one of Prince George's County's fastest growing small businesses--specializing in project management, oversight and business transformation solutions, and CI , a technology product development company based in Chennai, India.
The companies agreed to pursue opportunities in mobile and web applications, potentially opening up an office in Prince George's County.
Prince George's County, represented by Baker, the Economic Development Corporation (EDC) and several local businesses, will continue to reach out to potential partners for the duration of the delegation's visit to India.