At first of the day, the Minister of the Economic system, Franz Fayot, delivered the opening speech on the convention organized by the Luxembourg Non-public Fairness Affiliation (LPEA) aimed, on the one hand, at selling Luxembourg as a middle main monetary establishment within the discipline of funding funds and, alternatively, to focus on the various potentialities for firms to boost funds in Luxembourg. The occasion introduced collectively round 70 contributors.
On the finish of the occasion organized by the LPEA, the delegation went to Luxembourg Home, the place the places of work of the Luxembourg Commerce and Funding Workplace in New York are positioned, the place Michel Franck, President of the Luxembourg American Chamber was ready for them. of Commerce (LACC), and Toni Dudsak, Government Director of the LACC. They had been awarded an honorary distinction by HRH the Hereditary Grand Duke and the Minister of the Economic system, respectively, for his or her longstanding dedication to selling the Grand Duchy in the USA and strengthening hyperlinks between the 2 nations.
In parallel, the Minister of Well being, Paulette Lenert, visited the world chief in take care of sufferers of all ages, analysis and academic applications, Memorial Sloan Kettering. The centre, based in 1884, is on the forefront of the struggle towards most cancers and acknowledged as being one of the crucial revered facilities on this planet.
A well being delegation was additionally hosted on the New York Genome Middle, an impartial, non-profit educational analysis establishment that serves as a multi-institutional middle for collaborative genomics analysis.
On the finish of the day, HRH the Hereditary Grand Duke, the Minister of Well being, Paulette Lenert, and the Minister of the Economic system, Franz Fayot, attended the tenth Luxembourg-American Enterprise Award ceremony throughout a gala night in New York, organized by the Luxembourg-American Chamber of Commerce and the Luxembourg Commerce & Funding Workplace in New York.
For this 2022 version, the Award was given to the DuPont group, which has been current in Luxembourg since 1962 and which not too long ago invested in its web site in Contern with a view to extending its manufacturing line for Tyvek, this materials with insulating properties utilized in specific in protecting clothes for healthcare staff developed by DuPont.
Organized by the Luxembourg American Chamber of Commerce (LACC), the Enterprise Award Each two years, it rewards American firms established within the Grand Duchy for his or her essential position and their lasting contribution to the Luxembourg financial system. Previous winners embrace Amazon, Goodyear Rubber & Tire Firm, Guardian Industries, Avery Dennison Company, Husky Injection Molding Programs, Delphi Corp, Airtech Superior Supplies Group and Ampacet Company. DuPont is awarded this award for a second time, after an interval of precisely 20 years.
In the course of the award ceremony, HRH the Hereditary Grand Duke mentioned: “DuPont is the right instance of long-lasting cooperation and friendship between Luxembourg and the USA, between Europe and the America. With this award, we’re honoring the arrogance that DuPont has proven in Luxembourg by contributing to the diversification and prosperity of our financial system and to the friendship between the USA and Luxembourg. 20 years After profitable this award for the primary time, DuPont maintains its long-standing dedication to the Grand Duchy, excellence and innovation. My honest gratitude and appreciation goes to the CEO and all the Dupont group.”
The Minister of the Economic system added: “DuPont is likely one of the jewels of Luxembourg trade of which we’re very proud in Luxembourg. DuPont’s technique is completely consistent with our imaginative and prescient for the way forward for the financial system and the Luxembourg society: it’s targeted on sustainable improvement and it consists of efforts when it comes to the round financial system and the discount of greenhouse gasoline emissions. As Minister of the Economic system, I want to thank the entire DuPont Group, its leaders and its employees, each in Luxembourg and in the USA, for his or her longstanding dedication to Luxembourg. Congratulations on this tenth Luxembourg-American Enterprise Award.”
Communicated by the Ministry of Economic system and the Ministry of Well being