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Colombia 2016 - Press Conference with the Co-Chairs

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•
June 16, 2016
by
World Economic Forum
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Colombia 2016 - Press Conference with the Co-Chairs

TL;DR

Executives discuss opportunities and challenges in Latin America amid globalization concerns.

Transcript

and this press conference is live streamed on our website so you can find it all so afterwards again and so I will introduce our panel I have to my left Elena and Gordon who is president and chief executive officer of ingredients the US and I have next m francesco starchy whose chief executive officer and general manager of NL in Italy then brian g... Read More

Key Insights

  • 😀 Latin America faces challenges amid global market volatility and foreign investment shifts.
  • ☠️ Stable government policies and attractive tax rates are crucial for attracting investment and creating jobs.
  • 🔬 Companies adapt to the fourth Industrial Revolution by investing in skills training and technological advancement.
  • 🎓 Inclusive growth strategies focus on fighting poverty, promoting education, and empowering communities.
  • 🤩 Regional partnerships and innovation are key drivers for sustainable development in Latin America.
  • 💁 The importance of access to information and digital technology for economic growth and value creation.
  • 👨‍💼 Opportunities exist in addressing unmet needs like electricity access and sustainable business growth in the region.

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Questions & Answers

Q: How are companies like Ingredion navigating the challenges of the fourth Industrial Revolution in Latin America?

Ingredion focuses on training employees with new skills required for modernization, while also investing in local entrepreneurs to enhance efficiency and sustainability in the region.

Q: What role does organizations like United Way play in promoting inclusive growth in Latin America?

United Way acts as a bridge between corporations, local NGOs, and government to ensure holistic development focused on health, education, and financial stability for all individuals in communities across Latin America.

Q: How is the fourth Industrial Revolution impacting energy infrastructure investments in Latin America?

Companies like Eletropaulo emphasize the need for harmonized regulatory frameworks and stable policies to attract substantial infrastructure investments that drive economic growth in the region.

Q: How is the issue of poverty being addressed by businesses like FEMSA in Latin America amidst globalization concerns?

FEMSA identifies opportunities in meeting unmet needs like electricity access and emphasizes a long-term commitment to investing in Latin American communities to drive prosperity and well-being.

Summary & Key Takeaways

  • Executives from various industries share insights on investment opportunities in Latin America.

  • Emphasis on stable policies, skill training, and inclusive growth for sustainable development.

  • Focus on addressing poverty, attracting investment, and fostering innovation in the region.


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