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Cortizo presents the advantages that Panama offers to invest before Texas entrepreneurs

Nimay gonzalez

The advantages and attractions it offers Panama to invest, were presented by the President of the Republic, Laurentino Cortizo, during a meeting held with more than 30 entrepreneurs from the Austin Economic Development Corporation, Texas.

The Presidency of the Republic details that among the advantages that were detailed are: having the best connectivity between North America, a world-class logistics platform, a privileged geographical position, the dollar as the official circulation currency, banks and the center international financial.

“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,” were others. of the attractions presented by the Panamanian delegation.

https://twitter.com/NitoCortizo/status/1415502229247873025

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On the other hand, during the work tour, President Cortizo Cohen has held meetings with leaders of the Texas private sector, including investors and entrepreneurs from the Irving Hispanic Chamber of Commerce, and signed a memorandum of understanding with the Energy Transfer company to study the viability of joint participation in a Trans – Panama Gateway oil pipeline project.

Likewise, he held a meeting with the CEO of Millicom, Mauricio Ramos, who announced a plan to invest 250 million dollars in the modernization of its network, which will impact 800 thousand Panamanians, of which 200 thousand do not have coverage. mobile.

“This economic and social decision will benefit hard-to-reach areas that are part of the Colmena Plan, which seeks to lay the foundations to reduce poverty and inequality in the country,” said the Presidency of the Republic.

The Panamanian 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 developing and establishing an incubation and support methodology for companies.

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