Dates
July 7-15, 2023
(Includes travel days)
Location
Singapore and Vietnam (Ho Chi Minh City); with half-day side trips to Indonesia (Batam) and Malaysia (Johor)
“Investing in Vietnam right now is like landing a great piece of real estate before a huge boom.” — Tyson Smith, Reading Horizons
Offering an alternative solution to many current supply chain woes, Southeast Asia has become an increasingly attractive destination for cost-effective sourcing and manufacturing due to its strategic location, low labor and production costs, and shipping efficiency.
Exploring unique business opportunities and forging international partnerships, a group of Utah companies and state leaders traveled across the Pacific to Singapore, Indonesia, and Vietnam for a week-long business trip. Organized by WTC Utah, the trip helped amplify global outreach for Digital Respons-Ability, Harris Bricken Sliwoski LLP, the Utah Innovation Lab, the Utah Inland Port Authority, Reading Horizons, Bucked Up, and the state as a whole.
Southeast Asia has become an increasingly attractive destination for cost-effective sourcing and manufacturing due to its strategic location, low labor and production costs, and shipping efficiency.
Special thanks to Utah Valley University President Astrid S. Tuminez for arranging meetings with two of Singapore's founding fathers, Ambassador Tommy Koh and Liu Thai Ker at the NUS Lee Kuan Yew School of Public Policy. Other key meetings included tech ecosystem builder Block71 and port services & cargo solutions company PSA Singapore.