WASHINGTON ,
July 18,
2024 /PRNewswire/ -- Seeking to establish the
Northern Triangle of Central
America as a nexus for tech investments, the HUGE
Business & Investment Council brought together industry
executives at the "Technology and Infrastructure Summit" in
El Salvador on July 17. This event served as an optimal venue to
highlight investment opportunities for the private sector within
the high-tech realm, covering areas like American and European 5G
telecommunications, renewable energy, and the development of
specialized labor and infrastructure for 'nearshoring'.
ThinkHUGE leads the development of a
technological ecosystem to attract investment to the Northern
Triangle
The event was co-sponsored by the Inter-American Development
Bank (IDB), and drew attendance from development banks and
institutions, regional government officials, and corporations from
the United States, European Union
and Central America's Northern
Triangle. Among the companies that participated were Nokia,
DataTrust, Oracle, Millicom, COHERSA and Invenergy LLC.
"The region missed the opportunity with the industrial
revolution, but the technological revolution offers us another
chance.", remarked Dr. Juan José Daboub, President of the HUGE
Business & Investment Council.
Edwin Escobar, CEO of Aristos
Inmobiliaria, shared the company's commitment to ensuring the
success of DataTrust, which is the first certified Tier 3 data
center in El Salvador.
"DataTrust represents our commitment to El Salvador's technological advancement. We've
garnered significant interest from both domestic and international
companies, alongside financial institutions eager to make this
project a reality."
The conference showcased presentations from notable entities and
individuals, including Kroll, Applaudo Studios, IDB Lab, USAID,
CABEI, as well as Founders of HUGE Progreso, Grupo Financiero
Ficohsa, Banco Industrial, Banco Cuscatlán, Avianca, Grupo IDC,
Argos, Crowley, Elcatex and Grupo
Larach.
Tomás Bermúdez, General Manager for the Central America´s IDB
Group, stated: "the technological transformation and the demand
for skills in the labor market mark the future of work in
El Salvador and Central America, for this reason we support
the region to capitalize on these opportunities."
Elizabeth Bravo, Nokia's LATAM
Fixed Networks Leader, emphasized the crucial role that
technological development plays stating, "Technological
advancement is key to creating new jobs and entrepreneurial
opportunities in the Northern Triangle. A vital element of this
progression is the provision of secure and dependable
connectivity."
Technological progress is a driver of growth that cultivates the
emergence of new industries and develops economies that are more
diverse and resilient. HUGE is committed to fostering efforts by
the private sector towards economic progress that supports the
realization of the "American Dream at home".
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SOURCE HUGE Business and Investment Council