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 finance sector. The event included a fireside chat moderated by Glenn Hamer, President and CEO of the Texas Association of Business. Other participants included Arun Agarwal, Chairman of the TxEDC Board of Directors, and Aaron Demerson, President and CEO of TxEDC.
“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.”
Governor Abbott highlighted an increase in both Fortune 500 companies and small businesses moving to Texas due to its favorable business environment. He described Texas as representing “the modern embodiment of the American Dream” with efforts focused on building for future generations. He also pointed out that Dallas-Fort Worth plays an important role in making Texas a financial center for America.
Abbott reiterated his administration’s commitment to reducing regulatory barriers so businesses can thrive in the state.
The summit brought together business leaders and elected officials from across Texas.
