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UTSA Minority Business Development Agency Business Center to host Ivory Coast Delegation

UTSA Minority Business Development Agency Business Center to host Ivory Coast Delegation

(July 17, 2013) The San Antonio Minority Business Development Agency (MBDA) Business Center will host a delegation from the Ivory Coast to meet with local and state officials and discuss economic development opportunities on Thursday, July 25 at St. Phillip’s College.

The daylong event for the San Antonio Business community allows Ivory Coast delegates to showcase potential business opportunities between San Antonio and the Ivory Coast. Additionally, the delegates will address challenges the ministry of labor, social affairs and professional trainings are facing, and meet with companies and investors involved in the mining, agriculture, oil and gas, construction and non-profit industries.

“The Ivory Coast has undergone a period of national reconciliation and is aiming to return to its previous role of West African economic and trade prominence. This delegation visit is particularly promising as that nation is making a strong push to strengthen political and economical ties with the United States, therefore opening potential doors of opportunities for our San Antonio companies in many different sectors” says David Leister, project manager at the UTSA MBDA Global Business Center.

The Ivory Coast currently bolsters one of the strongest economic activity growth rates in Africa, with estimated growth for 2013 at 8.9%. Future endeavors for the Ivory Coast include a National Development Plan which focuses on four key pillars; energy and industry development, infrastructure and transport, agriculture, and health and education reform.

In 2012, the Ivory Coast was the 97th largest goods trading partner in the United States with $1.3 billion in total (two way) goods trade. U.S. exports to the Ivory Coast were $189 million, up 44.7% from 2011, and imports totaled $1.1 billion.

For more information about the MBDA or the event, please contact David Leister at (210) 458-2021 or dleister@sanantoniombdacenter.com, or Jacqueline Jackson at (210) 458-2483 or jjackson@sanantoniombdacenter.com. (Tentative Itinerary available upon request)

Connect online with the San Antonio Minority Business Development Agency Business Center at https://www.facebook.com/MBDABusinessCenterSAT

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