Anriban Basu & Navy Alliance Brief Community
Leonardtown, MD – The St. Mary’s County Economic Development Commission (EDC) will host a public briefing on potential impacts to the county’s economy at its next meeting, Aug. 19, 6 pm in the auditorium of the Frank Knox Building, 21866 Cedar Point Rd., Patuxent River, MD.
The briefing features noted economist and renown speaker Anriban Basu, Chairman and CEO of Sage Policy Group, Inc., and the Southern Maryland Navy Alliance.
Mr. Basu, a noted economist, will provide an overview of international, national, state and regional economic trends likely to affect the future of St. Mary’s County’s economy. Representatives of the Southern Maryland Navy Alliance will also present the findings of a recently released Strengths, Opportunities, Threats and Weaknesses (SWOT) analysis of Naval Air Station, Patuxent River.
The EDC will use the information in the drafting of a comprehensive economic development strategy to broaden St. Mary’s County’s future economy.
This will be the second public briefing hosted by the newly appointed EDC. The first featured a presentation on the economic impact of Sequestration and reduced defense spending on the future economy of St. Mary’s County by the Regional Economic Studies Institute of Towson University. Both Towson and the University of Maryland have been contracted by St. Mary’s County government to provide consultant support to the EDC in the development of the CEDS.
For more information about the August 19 briefing, the CEDS and the EDC, contact the Department of Economic Development at 301-475-4200, ext. 1407.
