The City of Richmond is the gateway to one of the most prosperous and vibrant economies in the world. Driven by a highly educated, motivated and affluent population, Richmond is a major economic hub on the Pacific Rim.
Location
Richmond is geographically blessed. Superior land, sea and air connections and a prime West Coast location give a competitive edge to businesses here. In Richmond, business is done with North America, Asia and Europe in the same eight-hour workday.
World Renowned
Richmond's visibility in the global stage is increasing exponentially, as the City hosts the world during the 2010 Olympic and Paralympic Winter Games. The Richmond Olympic Oval will welcome the long track speed skating competition in 2010. The premier venue for the Games, the Oval is a new multi-purpose facility on a prominent waterfront site.
Infrastructure
A portal to international commerce and Canada's second largest airport, the Vancouver International Airport (YVR) is based in Richmond and offers the shortest flights to major Asian cities from the West Coast. Port Metro Vancouver operates the Richmond Properties - a 694-acre multi-modal riverfront site, which is home to thriving domestic and international marine, logistics and transportation industries. The new rapid transit Canada Line makes the City even more accessible, linking Richmond and YVR to the rest of the Metro Vancouver area.
Talent
Richmond's workforce is highly skilled and among the best educated in the region. Exceeding regional averages, almost one-quarter of residents have a university degree and two-thirds of Richmond's population have some post-secondary education. One of Canada's most ethnically diverse groups, Richmond's workers also represent an enviable mix of language skills and cultural backgrounds.
Economy
Richmond has a strong local economy which supports over 108,000 jobs in various sectors, including technology (software development and wireless), transportation and logistics, airport services and aviation, value-added manufacturing, services, retailing, tourism and agriculture. With population growth and globalization, Richmond's economy has evolved from manufacturing and agriculture to transportation, logistics and technology-driven over the last few decades.