The EB-5 Regional Center Program is on its way to being temporarily extended until October 31st 2009. At 11:33 am today the house voted on a Conference Report which included legislation to enact a one month continuing resolution for the EB5 Regional Center program. Many forecast that congress will uses this extension as a bridge during the development of a permanent program.
Bob Kraft FirstPathway Chairman and CEO joins Wisconsin Governor Jim Doyle on a trade mission to Shanghai and Beijing this week. Jon Huntsman, United States Ambassador to China will host the delegation at his residence tomorrow to discuss investment and trade between China and Wisconsin.
This Friday at the Grand Hyatt Beijing, Bob Kraft will present on the topic of EB5 during a business strategy & opportunities seminar hosted by the mission entitled “Introducing Wisconsin”. Guests are by mission invitation only.
Doyle and delegation are also to meet with the Ministry of Commerce, China Council for the Promotion of International Trade (CCPIT), the Ministry of Science and Technology, Party Secretary Sun Chao, and Officials of the Minhang District of Shanghai.
During his trip to the Pacific Rim Kraft plans to visit FirstPathway offices, partners and agents though out China and South Korea.
Last week FirstPathway Partners was honored to host the president of Coryo, one of the largest and most respected Korean immigration firms. Her associates included Mr. Kim and Ms. Oh.
During their trip our guests were able to tour the Aloft Hotel, the Pabst Redevelopment, Miller Park, the Metropolitan Milwaukee Association of Commerce (MMAC) and City Hall. While visiting City Hall, our guests had the pleasure of meeting with Head of City Development, Patrick G. Walsh and City Commissioner, Rocky Marcoux to discuss Milwaukee’s vibrant investment environment. City representatives also voiced their willingness to help facilitate Korean and other foreign investment throughout the area.
We were honored to have such agreeable and accomplished guests. We look forward to a long and prosperous relationship with Mrs. Kim and Coryo.
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