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Dallas Regional Chamber staff participated in CoreNet Global’s Asia Summit held in Singapore March 23-25, 2010. The Summit hosted nearly 400 corporate real estate executives and corporate location decision makers from across Asia. Conference sessions addressed how the uncertain economic times and business climate have and will continue to impact the location industry. Financing was a consistent theme. As the CoreNet Global advertising piece described it: “There are extraordinary opportunities, but the uncertainties create enormous risk. How do you make decisions and choose the right path when the future is unknown and unknowable? Waiting for conditions to be right may mean jeopardizing your company’s future. This is the paradox: it is hard to move forward, but you can’t stand still either.”
Chamber executives found the conference to be both valuable from an educational standpoint, but a fantastic way to connect to the real estate community in Asia. “We expect to be able to more readily access the decision-makers as they consider U.S. operations,” said Sarah Carabias-Rush, managing director of international business at the Dallas Regional Chamber. “Our job is to convince them that the Dallas region has what they need to success in this market.”
Following the Summit, Chamber staff stopped in Hong Kong to visit a company headquarters and factory considering a North Texas location. “We hope to be able to make an announcement on this project in the next couple of weeks,” continued Carabias-Rush.
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