Investment opportunities and exchange between Panama and Silicon Valley companies are opened.
Panama will speak about the benefits the country offers as a destination for foreign investment with more than 120 representatives of companies in the technology cluster of Silicon Valley and San Francisco metropolitan area.
“The potential of companies founded in Silicon Valley generate more than US $ 2.7 trillion in revenue.”
The led by AmCham delegation included the participation of the Ministry of Commerce and Industry of Panama, the Authority Government Innovation (AIG) and the National Secretariat of Science, Technology and Innovation (SENACYT).
Investment Opportunities – Gogetit Highlights
- Panama had the opportunity to promote and share the benefits of investing in the country and Latin America more than 100 startups and companies in Panama.
- More than 10 Silicon Valley companies received the delegation of Panama formed by member companies of AmCham Panama and senior management and representatives of the Ministry of Commerce and Industry of Panama, the Authority for Government Innovation (AIG) and the National Secretariat for Science, Technology and Innovation (SENACYT).
- Panama was present in the main hub of technology and innovation in Silicon Valley as Facebook, Google, Uber, Cisco, Microsoft, Hewlett Packard Enterprises and Stanford University, 500 Startups and the Mayor of the City of San Francisco.
“More than 100 startups and companies in Silicon Valley, had the opportunity to learn about the advantages of investing in Panama and Latin America”
The event was organized by PROINVEX, Weebly and Latin San Francisco, whose keynote speakers were Alberto Aleman, director of PROINVEX Panama; Gustavo Ripoll, CEO of DELL for Central America and the Caribbean; Giovanni Stella, Country Manager of Google Central and Margarita Rojas, regional director for Latin America Weebly.
The event concluded with internet penetration data and progress on government innovation by Irvin Halman, director of AIG.
Foreign trade has become increasingly important in the economic development of Panama AmCham component and a commitment to work with its regional partners to increase export activity and foreign direct investment between Panama and the United States.
“The mission to Silicon Valley is just the beginning of an agenda full of innovation and entrepreneurship in Panama”
The State of California represents 13% of the economy of the United States and the region of Silicon Valley, California, recognized worldwide as a technology and innovation center. Silicon Valley hosts about 25 of Fortune 500 companies like Apple Inc., Netflix, Intel, Google, Facebook and thousands of new businesses that are at the forefront of technological development.
He noted that Silicon Valley hosts about 25 companies in the Fortune 500 list as Apple Inc., Netflix, Intel, Google or Facebook, as well as thousands of new companies that are at the forefront of technological development.