Surrey launches 2024 Economic Strategy
March 14, 2024
The City of Surrey launched its 2024 Economic Strategy titled “Investing in our Future” at the Mayor’s State of the City Address on Feb. 15. This Council-approved plan provides a roadmap for how Surrey will build the city’s economy over the next five years while focusing on the accelerated creation of well-paying jobs and attraction of transformative investments. The strategy outlines the need for the creation of 300,000 jobs by 2042 to ensure there is one job per resident worker by the time Surrey reaches a population of one million residents.
“The City of Surrey’s newly unveiled 2024 Economic Strategy stands as a pivotal milestone to guide us to create new jobs and opportunities to support our growth,” said Mayor Brenda Locke. “With Surrey projected to be a city with one million people as early as 2042, Council is committed to meeting the target of one job for every working resident in Surrey. As we grow, our focus remains firmly on the people – cultivating job opportunities, enriching livability, and addressing the needs of our ever-growing population.”
Over the next five years, the City will focus on increasing Surrey’s global investment attraction efforts and enhancing entertainment and health care options for residents. Additionally, the strategy outlines a road map for the launch of Innovation Boulevard 2.0 to promote innovative opportunities in health technology, clean technology, advanced manufacturing, and agritech.
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