World Trade Center Utah (WTC Utah)

Miss this week's Crossroads of the World: South Korea event? We've got you covered.👇 In his remarks, Consul General Lim Jung-taek highlighted, "Korea and Utah share many similar interests in their dynamic development, and I believe there is significant potential for discovering more common interests and strengthening cooperation.” Keunhyung Park, director general of KOTRA Los Angeles, provided insights about South Korea’s economy, business climate, and leading industries. Some key takeaways: 📈 Foreign investment: South Korea has become an increasingly attractive destination for foreign investors, reaching a record high of $32.7 billion in foreign direct investment in 2023. 💪 Industry strengths: South Korea excels in several key industries, including nanochips and SSDs, and ranks second globally in chip manufacturing and petrochemicals. ICYMI: A delegation of Utah companies will visit South Korea this fall as part of Gov. Spencer Cox's trade mission. Learn more: https://shorturl.at/PVpKc. Thank you to our partners, Utah Governor's Office of Economic Opportunity and Salt Lake Chamber, for your support! #CrossroadsoftheWorld

Did you know you can monitor the external heat footprint of any building around the world to improve urban planning and heat management? My new friend Jay Sadiq at FortyGuard shared that with me during a fantastic week at the Select USA Investment Summit. I loved learning about so many interesting businesses looking to expand and invest in the US, and we at World Trade Center Utah (WTC Utah) were excited to be joined by colleagues from Economic Development Corporation of Utah (EDCUtah), Utah Department of Transportation, Colliers, The Point, Utah Inland Port Authority, Utah Governor's Office of Economic Opportunity, and 47G.

ATTN: Utah's Mining Ecosystem ⛏️🚚💎 As a mineral-rich country with prime nearshoring advantage, Peru offers compelling opportunities for Utah companies looking to tap into the South American market. This September, World Trade Center Utah invites the state’s mining and mining-adjacent companies on a high-impact business trip to Lima, Peru. Participants will attend market briefings, networking receptions, B2B matchmaking sessions, and Expomina Perú, one of the largest mining trade shows in the world. Join us to strike gold in global relations! → https://shorturl.at/eZaMV 📅 Sept. 8–13, 2024 📍 Lima, Peru ✍️ Apply by Aug. 1

Calling all financial services/fintech companies! World Trade Center Utah (WTC Utah) upcoming governor-led trade mission to South Korea and Japan just opened a new track tailored to your needs.   This is a huge opportunity for Utah's financial industries. Our state ranks in the TOP 10 for VC funding per capita. Utah is also one of just seven states with an ILC (industrial loan company) charter, which allows non-bank-owned companies to provide deposit/lending services to customers without being subject to federal bank holding company regulations.   If your financial services or fintech company is looking to drive innovation and investment through regulatory sandboxes, embedded finance, foreign investment, financial inclusion, and startup ecosystems, reach out to me or apply below to be a part of our upcoming trade mission! https://lnkd.in/gXzdtZMS

🚨Calling all manufacturing, aerospace, life sciences, and innovation companies!🚨 In just three short months, the Utah Governor's Office of Economic Opportunity and WTC Utah will bring select businesses on Governor Spencer Cox’s trade mission to South Korea and Japan — and we want you to join us! The trade delegation offers an unparalleled opportunity for Utah companies to expand their global footprint and unlock new growth opportunities in South Korea and Japan. By participating, you'll gain insights into these thriving economies, forge strategic partnerships, and explore avenues for increased sales, distribution, and supply chain optimization. Apply by July 1st to be considered. 👉 https://shorturl.at/kXOLy.

Utah's presence at FIME Show - Florida International Medical Exhibition was truly 'med' to be! 🧪🧬 From dynamic diagnostics to top-notch medical products, our delegation showcased peak life sciences innovation. Until next time!

Shoutout to #WTCUtahMember Black Desert Resort for being named the No. 1 ☝️ golf course in Utah by Golfweek! As host of the upcoming Black Desert Championship — the first PGA TOUR event in Utah since 1963 — Black Desert Resort represents our state's world-class excellence in hospitality and recreation. ⛳

With its vast natural resources, diverse industries, and a growing consumer market, Brazil is a prime spot for Utah companies looking to expand. Click through learn a few key aspects of the Brazilian market. 👇 If your business is interested in breaking into Latin America, join us for a FREE webinar on June 28 with Dustin M. Haggett, MBA of Ipanema Advisors, Brian Winter of Americas Quarterly/Americas Society/Council of the Americas, and Derek Hall of BFF. Register here: https://shorturl.at/timAo 📅 Friday, June 28 ⏰ 10–11 a.m. 📍 Virtual (Zoom) 💸 Free (Registration required)

Thrilled to see Utah get a passport office! Deep appreciation to Sen. Mitt Romney and our entire Utah congressional delegation for working together with the US Dept of State to make it happen. A big boost to Utah’s international business community!

From The Watercooler 💬 Paul Burdiss, CEO & President, Zions Bank