WHY THE SUMMIT
Promoting Economic Growth in West Texas.
This is the first grass-roots movement in America to coordinate economic policy for President Trump’s Opportunity Zones tax incentive program for economic growth. The West Texas region has long been known for its stable and consistent industries of livestock, oil, and cotton “food, fuel, and fiber,” making it attractive and ideally suited for long-term equity investments. By working together, the communities of West Texas will create the most investment- and business-friendly environment in the United States.
Opportunity Zones are the first national community development effort to promote private-sector driven approaches for economic growth in a generation.
Following President Trump’s signing of Executive Order 13853 to implement reforms to the federal government to facilitate long-term investment into qualified opportunity zones, the communities in the West Texas region are gathering together to ensure local governments also do their part through policy coordination.