BYD has been named the recipient of the inaugural Select LA Foreign Direct Investment Award. The award was presented on May 24th by the World Trade Center Los Angeles (WTCLA) during the annual Select LA Investment Summit.
BYD was chosen for making significant contributions to the local economy, attracting new investment to the region, creating well-paid permanent jobs, and improving the environment.
“We are proud that WTCLA recognized BYD’s positive impact on the economy in Los Angeles, especially our efforts to create good jobs with high wages, and dynamic training programs to help our employees advance in their careers,” said Stella Li, President of BYD Motors, who accepted the award on behalf of the company.
Established in 2015 in collaboration with the Los Angeles County Economic Development Corporation (LAEDC), the Select LA Investment Summit is the first of its kind to solely promote foreign direct investment in Southern California.
“Through environmentally sustainable innovation, BYD is increasing the flow of foreign capital to our local economy. Their contracts around the nation will help create more jobs here in Los Angeles,” WTCLA President Stephen Cheung said.