Financial Incentives Leading to Welland Development Success

Financial Incentives Leading to Welland Development Success

Source: Welland Tribune

The City of Welland has been experiencing an influx of interested industries ready to invest in shovel-ready lands in the area. The influx is in large part due to incentives that are offered through the Gateway Economic Zone and Centre Community Improvement Plan.

These incentives are designed to assist prospective property owners who will ultimately revitalize, strengthen and diversify the local economy. In 2018, the Gateway CIP was used by 4 Welland companies who brought $38 million dollars worth of private-sector investment.

Read more at the Welland Tribune

 

(Photo Credit: Kris Dube, The Welland Tribune)

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