October 6, 2021
For the second year in a row, the City of Albuquerque Department of Economic Development (EDD) received an Award for Excellence in Economic Development from the International Economic Development Council (IEDC). The IEDC Economic Development Excellence Awards recognize the best economic development programs and partnerships in the world and are presented at the IEDC annual conference.
“Albuquerque has everything the film industry needs to make a great production and a great house,” said Mayor Tim Keller. “The film industry is a beacon of hope for our community and we are determined to continue to create an enabling environment for cinema that elevates our economic landscape every day. It is the ideal location for film and television production.
EDD is recognized by the IEDC for the “Lights, camera, Albuquerque!” “ Advertising campaign promoting cinema in Albuquerque and the Albuquerque Film Board. Launched in early 2021, the campaign showcases the city’s robust and highly competitive film production industry. Ads appeared in Site Selection magazine, MovieMaker magazine and Deadline Hollywood.
“The winners of the IEDC Economic Development Excellence Awards represent the best in economic development and exemplify the leadership to which our profession strives every day,” said President of the IEDC 2021 board of directors, Tom Kucharski. “We are honored to recognize the more than 100 communities whose marketing submissions, projects and partnerships have improved the quality of regional life.
The advent of major studios that have negotiated long-term investment deals in the city, like Netflix and NBCUniversal, has solidified Albuquerque’s place as a vibrant film and entertainment hub, attracting regional offices for them. national and international production companies. On its own, Netflix is investing over $ 500 million in capital, $ 1 billion in production spending, and creating over 2,000 jobs in the city.
“Film is one of the key industries we are focusing on in our long-term economic development strategy, and we are delighted that the IEDC has recognized our efforts to promote Albuquerque as a premier location for filmmakers.” , said Damian R. Lara, Acting Director of EDD. “Albuquerque is a great place to film and a great place for industry professionals. “
The 25 IEDC award categories recognize organizations and individuals for their efforts in creating positive change in urban, suburban and rural communities. The awards are judged by a diverse panel of business and community developers, following a nomination process held earlier this year. The IEDC received over 500 submissions from four countries.