Texas Governor Greg Abbott spoke at the second annual Texas Economic Development Corporation (TxEDC) Investor Summit, highlighting the state’s economic growth and financial sector. The event included a fireside chat where Abbott discussed recent trends in business investment and regulatory policy.
“The Texas economy is leading America,” said Governor Abbott. “We have a young, growing, and diverse workforce, a reasonable and predictable regulatory environment, and no state income tax. The greater Dallas-Fort Worth area has been particularly successful in contributing to Texas’ success by launching the Texas Stock Exchange, expanding Nasdaq and New York Stock Exchange branches, and bringing Fortune 500 companies into the state. We will continue to inspire innovators and ensure that the freedom of opportunity that Texas offers is a beacon that draws people all over the world to our great state.”
Abbott pointed out an increase in Fortune 500 companies relocating to Texas as well as growth among small businesses. He described Texas as “the modern embodiment of the American Dream,” adding that efforts are underway to further streamline regulations for businesses across the state.
The Dallas-Fort Worth region was singled out by Abbott for its influence on establishing Texas as a financial center. The area has seen new stock exchange initiatives and expansions from major market players.
The fireside chat was moderated by Glenn Hamer, President and CEO of the Texas Association of Business. Other participants included Arun Agarwal, Chairman of TxEDC’s Board of Directors; Aaron Demerson, TxEDC President and CEO; along with elected officials and business leaders.
Additional photos from the summit are expected to be released soon.
