L.A. AREA CHAMBER AND LAEDC JOIN LOS ANGELES MAYOR BASS AT 2024 PARIS OLYMPICS CLOSING CEREMONY TO PASS THE TORCH TO L.A.

by L.A. Area Chamber

LOS ANGELES, CA - AUGUST 7, 2024 - The Los Angeles Area Chamber of Commerce issued the following statement regarding the L.A. Area Chamber and Los Angeles Economic Development Corporation (LAEDC) joining Mayor Karen Bass at the 2024 Paris Olympic Games closing ceremony, as the torch is passed to Los Angeles for the 2028 Games:

"The Olympic Flag is returning to Los Angeles for the first time in 40 years, positioning our region on the global stage as we prepare for the 2028 Olympic Games. This historic event presents a tremendous opportunity for businesses across the region to engage through tourism, infrastructure investment, and procurement. The Chamber is committed to convening, partnering, and advocating to help create a lasting legacy for the Games," said Maria S. Salinas, President and CEO of the Los Angeles Area Chamber of Commerce.

"As Los Angeles prepares for the 2028 Olympic and Paralympic Games, we need to learn from Paris how they were able to leverage this global event to create economic opportunities for their local communities. Our goal is not only to deliver a world-class event that will elevate Los Angeles on the global stage but to create lasting legacies that will benefit Angelenos for decades to come," stated Stephen Cheung, President and CEO at the Los Angeles County Economic Development Corporation (LAEDC)

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About The Los Angeles Area Chamber of Commerce

The Los Angeles Area Chamber of Commerce represents the interests of a broad spectrum of organizations across the private, non-profit, academic, and public sectors, including the business community, job creators, and innovators in the Los Angeles region. Our mission is to design and advance opportunities and solutions for a thriving regional economy that is inclusive and globally competitive. As the oldest and largest business association in the region, the Chamber has a long-standing history of convening business leaders, communities, and policy makers to promote a vibrant economy. For more information visit www.lachamber.com.

About LAEDC

The Los Angeles County Economic Development Corporation (LAEDC) is a nonprofit organization dedicated to advancing opportunity and prosperity for all the residents of Los Angeles County. Through collaborative partnerships, innovative programs, and strategic initiatives, LAEDC works to attract, retain, and grow businesses and quality jobs for the region.

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