But an events center and football stadium in the City of Industry will not maximize the long term economic development potential that a new facility could have upon the economics of the Los Angeles region.
FORBES: Downtown LA Tops City of Industry as Ideal Site for New Football Stadium
"We now look forward to welcoming the Balmoral Show to the site in May and I am confident that this is only the first step in maximising the economic development potential of this significant 347 acre site, " the chairman added.
BBC: Maze prison site: Green light given for showgrounds plan
"Think of the economic development and job creation potential if more land was opened, and if less red tape tied up the acreage that is leased, " said Mulva.
The SDLP's Alasdair McDonnell highlighted the potential for economic development in the budget, while his party colleague Dominic Bradley said his party would continue to engage on the budget.
"It's really hard to think of another place in New York City that has fallen so short of its potential for economic development, " said Jonathan Bowles, the center's director.
This not only reduces the creative potential to support economic development in the country, but accentuates capital flight and reduces domestic consumption.
Raise awareness on the need for heritage protection and the potential role of culture in human, social and economic development.
Given its population size and huge economic potential, Myanmar is a market that has huge opportunity for growth given the need for infrastructure development, better healthcare facilities and power generation in both urban and rural areas.
FORBES: Myanmar Holds Promise For General Electric As U.S. Eases Trade Sanctions
Just as we in Europe have had to revise our traditional view of Britain as a country living in the past and lagging behind the mainstream of economic and social development, it is time for the British to revise their traditional view of the continent as a potential threat, and show enough courage to join the club.
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