Mutual understanding between Reykjavík City and the business sector
Description of the action and objectives
Green Deal action
Active dialogue and information sharing between Reykjavík City and the business community need to be strengthened to build a shared vision for the future. This will be accomplished in part by organizing business forums where the city and business community can discuss shared challenges and opportunities. Efforts will be made to improve communication with the business community, companies and entrepreneurs about the city's development, projects and plans. Additionally, a primary point of contact needs to be established for companies looking to start, expand or develop operations in the city.
Implementation period
Planned completion in the second half of 2024
Status report on July 1, 2024
Follow-up work has been conducted on the consultation meeting about competitiveness held at Höfði on November 24, 2023. A shared vision for the future must be developed, infrastructure development accelerated, and support for innovation strengthened. These were the main outcomes of the first-ever business forum, hosted by the mayor and the President of City Council at Höfði. Representatives from Reykjavík City, the business community, universities, clusters and labor unions gathered to discuss how to enhance Reykjavík's global competitiveness and create a city where innovation flourishes. The 2024 Business Forum is currently in development.
An open information meeting with the mayor – Economic and Urban Development 2024 – took place May 22, 2024. The meeting provided an overview of the current state of infrastructure development and business environment in Reykjavík. Upptöku af fundinum og dagskrá má nálgast hér: https://reykjavik.is/en/economic-and-urban-development-2024
The Economic & Urban Development Team manages the “athafnaborgin” email address, which has been promoted in advertisements and on city media channels as a contact point for businesses looking to establish, expand or develop operations in the city. The address receives multiple emails from businesses each week, indicating successful implementation.
Older status reports
| Timing | Progress description | |
| July 2024 |
Follow-up work has been conducted on the consultation meeting about competitiveness held at Höfði on November 24, 2023. A shared vision for the future must be developed, infrastructure development accelerated, and support for innovation strengthened. These were the main outcomes of the first-ever business forum, hosted by the mayor and the President of City Council at Höfði. Representatives from Reykjavík City, the business community, universities, clusters and labor unions gathered to discuss how to enhance Reykjavík's global competitiveness and create a city where innovation flourishes. The 2024 Business Forum is currently in development. An open information meeting with the mayor – Economic and Urban Development 2024 – took place May 22, 2024. The meeting provided an overview of the current state of infrastructure development and business environment in Reykjavík. Upptöku af fundinum og dagskrá má nálgast hér: https://reykjavik.is/en/economic-and-urban-development-2024 The Economic & Urban Development Team manages the “athafnaborgin” email address, which has been promoted in advertisements and on city media channels as a contact point for businesses looking to establish, expand or develop operations in the city. The address receives multiple emails from businesses each week, indicating successful implementation. |
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Related actions
Economic objectives
- 1. Responsible financial management | Green Deal The City's Financial Policy is based on sustainability, stability, predictability, and transparency.
- 2. Dense and mixed development | Green Deal Denser, mixed housing with neighborhood sustainability at its core.
- 3. New employment opportunities of the future | Green Deal Future job opportunities will be based on knowledge, innovation, and sustainability.
- 4. A favorable environment for business and innovation | Green Deal Good land use, diverse economy, and premises for all types of companies of all sizes.