President Cortizo meets with Texas businessmen to attract investment to Panama.

The President of the Republic, Laurentino Cortizo Cohen, led a meeting of the Panamanian delegation with more than 30 entrepreneurs from the Austin, Texas Economic Development Corporation, in which the advantages that Panama offers to invest were presented, such as the better connectivity in the region, having a maritime, air and digital hub, tourist attractions and a solid international banking center, among others.

 

The Panamanian delegation listed and explained to the entrepreneurs some of these advantages that the country offers to invest, among which are: having the best connectivity between North America, a world-class logistics platform, a privileged geographical position, the dollar as official currency, banks and the international financial center.

 

He also mentioned political stability, excellent quality of life, high-tech medical services of international prestige, legal stability in investments, a world-class communication infrastructure and the safest country in the region with a low crime rate, among others. attractive.

 

The Texas economy is among the fastest growing, and is the second largest in the United States. If it were an independent nation, Texas would be the 15th largest economy in the world.

 

During his work tour, together with the delegation that accompanies him, President Cortizo Cohen has held important meetings with leaders of the Texas private sector, including investors and entrepreneurs from the Irving Hispanic Chamber of Commerce, and witnessed the signing of a memorandum of understanding with the Energy Transfer company to study the feasibility of joint participation in a Trans - Panama Gateway oil pipeline project.

 

The president also toured the sports facilities of the University of Texas and met with Jay Hartzell, president of the University of Austin, to formalize the signing of an agreement that seeks to evaluate the entrepreneurial ecosystem in Panama, prioritize strategic sectors for development and establish an incubation and support methodology for companies.