Texas Governor Greg Abbott spoke at the second annual Texas Economic Development Corporation (TxEDC) Investor Summit, where he discussed the state’s economic growth and its expanding finance sector.
“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 highlighted the increasing number of Fortune 500 companies and small businesses relocating to Texas. He attributed this trend to what he described as business-friendly policies and a robust economy. He also emphasized that Texas represents “the modern embodiment of the American Dream,” focusing on building opportunities for future generations.
The Governor pointed out the significant role played by the Dallas-Fort Worth area in helping position Texas as a financial center in the United States. He also stated that efforts will continue to reduce regulatory hurdles for businesses operating in the state.
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 other elected officials and business leaders.
Additional event photos are expected to be released soon.
