Panama will become headquarters to high-tech Bavarian companies in Latin America

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A total of 20 technology companies, research laboratories and universities gathered at the City of Knowledge Convention Center on Wednesday, April 5, as part of a meeting with industry representatives from Bavaria, Germany's most productive region and one of the most important European regions.

The event, entitled Setting up ¨Technology Bridges¨: Connecting with Bavarian Clusters and Companies was inaugurated by the Executive President of the City of Knowledge Foundation, Professor Jorge Arosemena, and the German Ambassador to Panama, Karl-Otto König. The program included presentations by Mr. Hans-Joachim Heusler, Director of Bayern International, and of Daniel A. Gottschald, Director of TUM International, who outlined the success stories of advanced technologies developed in Bavaria and answered questions about the German R & D system. Mr. Rolando Armuelles, Vice President for Business Development of the City of Knowledge Foundation, presented the Panamanian view of the advantages of investing and doing research in the Isthmus, and making alliances with organizations affiliated with the City of Knowledge. Some participants took the opportunity to explain their strengths and offer opportunities for collaboration to the Bavarian consortium to develop the Latin American market.

Bayern International is a state-owned company that promotes business and exports of Bavarian technology. It is made up of ministries, chambers of industry and commerce, universities and banking entities. Its purpose in this mission is to expand its network of international technology partners, identify local talent and establish partnerships with companies, universities, research centers and vocational training centers. It represents hundreds of medium and small companies in a wide range of sectors: aerospace, automotive, logistics, new materials, nanotechnology, biotechnology, medical technology, energy, environment, forestry, nutrition, ICT, mechatronics, electronics, sensors, automation, etc.

TUM International is a subsidiary of the Technische Universität München (TUM), one of the best universities in Europe, known for its excellence in research and education. TUM signs more than 1,000 research agreements with industrial partners every year. TUM International is a leading provider in the design, construction and operation of clusters, technology colleges, industrial parks, technology parks, research centers, technology and innovation transfer centers worldwide, with successful projects in China, India, Kuwait and Ghana.