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Nanaimo recognized as a great place to do business


NEDC photo of downtown

Nanaimo has been recognized in a recent study as one of the top places in the world to do business.

As released by the Nanaimo Economic Development Corporation:

March 26th, 2014

For Immediate Release

The Nanaimo region joined 100 other jurisdictions around the world in KPMG’s 2014 Competitive Alternatives study released today. The study released every two years focuses on 26 key cost components to measure the overall cost of doing business in a community.
Compared to a US average (index=100) Nanaimo scored 94.5 indicating a lower cost of doing business and placing it in the top three jurisdictions in the Pacific US/Canada for cost of doing business. Less than one point separated first and third place in a very competitive showing.
“The Nanaimo region has many attributes that make us a great place to do business,” said Sasha Angus, CEO of NEDC. “Reports like the KPMG Competitive Alternatives publication allow us to showcase these strengths to an international audience and help make the case for investment in our community.”
Building on the recent technology sector impact study, the Competitive Alternatives report highlights the region’s strength in knowledge-based industries. Nanaimo scored an average of 85.5 for digital services and development, beating Vancouver’s score of 87.2.
The mission of the Nanaimo Economic Development Corporation is to build a prosperous community through economic opportunity.
Media Contact
Sasha Angus, CEO
Phone: 250-824-0152
Cell: 250-713-9830

Check out the Nanaimo Economic Development Corporation's website here