the apec leaders in hawaii. so really, a broad agenda. i hope i have been able to convey a sense -- private sector participation is extremely welcome. a broad, long agenda. there are opportunities for all of you to get involved and participate. so thank you for this opportunity. thank you to the museum for hosting us in this location. i look for to discussion with you all later. thank you. [applause] >> thank you. i also want to thank the mayor and city of san francisco, as well as the state of california, for being the host of this briefing, as well as for the women in the economy summit, which we also call the wes. i am really a california girl, despite my new york accent and federal title. i spent 25 years in the bay area. i worked with echelon. this is a great opportunity for me to be involved with all of my old friends and to make this event a world-class success. i am also pleased to be due -- joining our ambassador for women's issues. most notably, secretary clinton, who will be here to lead the women in the economy summit, which happened on september 13 through 16. as many of you know, secretary clinton, her legacy issue is women economic empowerment. we are really delighted to have her here, putting the power of her focus on this event. it is a unique opportunity. as the ambassador mentioned, in keeping with the increased focus on private-public partnerships, wes will be the premier event to bring hundreds of private and public sector leaders focused on a dialogue that forces begin -- women's economic empowerment among the apec economies. wes will be developing a set of policy recommendations that will be delivered to the apec economy leaders meeting scheduled in honolulu. the wes forum will integrate women more fully into the planning of apec and policy development. the event is designed for private sector leaders representing multinational corporations, sme's, academics, civil society, as well as senior government officials responsible for setting the international economic, trade, and sme policies together to put these recommendations together. secretary clinton will be the head of the high-level policy dialogue and she will also be delivering a keynote address to the entire community. she is, as we speak, reaching out to her counterparts in the economies around the asia- pacific community, as well as counterparts within the u.s. cabinet to attend the event. as an outstanding example of our public-private sector partnership, the private sector has been intricately involved in putting together the summit. so we really want to thank cal apec, the host committee put together, and especially the bay area council, under the leadership of jim, who will speak in a minute. they have been and it indelible partner in the planning -- they have been an invaluable part in the planning of this event. as the u.s. private sector brings together commitments to the economic empowerment of women throughout the apec region. a steering committee, specifically for women and the economy summit, has been formed, two of the founding companies are here. devry and mervell technologies. women play a powerful role in the global economy and within the apec region. women's participation in the labor force can increase the long-term gdp, and in relevant cases, reduce poverty. in many economies, increasing women's employment rate is beneficial to that process. for example, by increasing the u.s. female employment as equal, it would increase gdp in the u.s. by 9%. in the year rose done by 13%. in japan, 16%, according to a study from goldman sachs. so we are talking about women's economic empowerment, not just in being the right thing to do. it is actually the economic effective thing to do. in that mind, our policy discussion focuses on access to capital, capacity and skills building, access to markets, and women's leadership. so we are really try to put an agenda together to improve the economic growth of the entire region through women's economic empowerment. some of our programmatic things that will leave it -- we will be talking about at the conference, a public-private partnerships, women in green jobs, financial inclusion, creating and empowering in garment, on general should, technology, innovation, and developing the next generation of leaders. as secretary clinton has said, if we decide, as society, governments and businesses, to invest in women and girls, we will strengthen our efforts to fight poverty, drive development, and spread stability. when women thrive, families, communities, and countries thrive, and the world becomes a more peaceful and prosperous place. >> i am really looking forward i am really looking for to making this a world-class event, to involve you in all this. it is a community effort. thank you so much for being here today and for your continuing support. now i would like to invite our chief partner in making this event happened in the private sector. that is the ceo of the bay area council. [applause] >> thank you for the kind comments. mayor, thank you. you have been phenomenal. it has been great to listen to you to hear why this will be special for your city. we do things big in san francisco. [applause] most of us, when you think about the bay area council, is great to see so many friends here. thank you, by the way, akiko. i think this is the right place to be holding this event. we think about the work that the council does on renewable transportation, energy, water, and stuff like that, but some of you probably do not know in 1945, the council was founded by the leaders at the time, gov. earl warren, stephen bechtel. the first act was to think about what would happen in the postwar economy to make san francisco and the bay area thrive. san jose had a population of 45,000 people. it has changed a little bit. the vision of some of these people have led to the bay area that we know today. hopefully for the better. the first act was to bring you and delegates here to sign a charter. here we are 66 years later. it is in our blood for the bay area council to have formed cal apec. they were the group to convince world leaders to come here to discuss the most important issues of the day. we are honored that you have chosen san francisco for the spirit we plan to do you proud, mr. ambassador, members of our team at the state department. this is exciting stuff for the bay area council and we will be behind it all the way. improving our global competitiveness as a region is what the bay area council is all about. everything we do is all about that. for that reason, having aipac here in san francisco, it is kind of like nirvana and to members of the bay area council, who is a global company. we are pleased that you made the announcement earlier that we would be selected to do this. now we just have to make it happen. just a couple of data points. california businesses combined $300 billion with their counterparts and apec economies. of course, more than any other state. we have two-way shipping. we are a gateway for merchandise shipping. california has the most foreign-direct investment from apec economies than any other state. so we are in the middle of this. these meetings are absolutely vital to the future of the city and future of the region. we could not be more excited to have you here. for recently, we learned about something that was even more exciting. we learned there would be an absolutely phenomenal women's economic summit that would become the leader of the meeting that will be happening in san francisco. none other than our secretary of state -- hillary clinton -- is leading the effort and making it her mission to empower women as not only part of the u.s. economy, but world economy. that is something that is very special, here in california, and san francisco. our representatives in the u.s. senate, barbara boxer and dianne feinstein, women, minority leader, former speaker of the house of representatives, nancy pelosi. go up and down the peninsula, sacramento -- women, women. we do not just enable women to lead in the bay area, we cherish their leadership. it is very special and important to us. having this in san francisco is going to be a big deal. we are not just going to welcome it, we are going to make it happen in a big way. we are going to count our on our friends here in city hall to do et like none other. when it comes to being on the world stage, i think that we are going to leave that to charlotte to figure it out. we will just help them make it happen, the way we think we can do. our belief is the success of women in world economies is going to be the success of the world economy. that is how important this is. lorraine provided some of the statistical background to indicate what happens to gdp when women play a role. as the leaders of a ceo organization like the bay area council, i think we can do more to make women ceo's and to support them, support them as often hours. it is not going to be enough to talk about the policies. it needs to be put in place, to make women succeed in the economy. that is going to highlight the successes in this country and in the apec economies. i will not go through the list of things under consideration. you will be very excited to think about who is going to be coming to san francisco and what is going to be the topic of conversation. so get excited about what is to come. of course, to make this happen, do it in the right way, we are not going to be able to do it without your support. many of the leaders from the bay area are here today. you will be hearing from one of them in a few moments. i want to thank the sat and chevron, both of whom are represented today. many other companies, we are and will be reaching out to you to help sponsor and make this successful. folks will be here, le nations t to cisco. we have to do this right. we will be reaching out to you on that basis. when you think about the women's economic summit, there is an individual in the bay area that personifies what this is all about. she was born in shanghai, went to university here in the bay area, and came to be the co- founder of one of the top companies in the area, marvell technologies. i have got to know her and have watched her and her husband about the business. not only do they do good business, they are absolutely powerful stalwarts for the greater civic community of the region. it is just phenomenal the work you are doing. you said a wonderful example. we are ready to lead on this thing. so without any further ado, let me introduce the co-founder of marvell. i think you will see, she is much more than that. when she is finished, i will come back and moderate a few questions from the media, if you have them. thank you all. [applause] >> thank you, jim, for your kind words. it is all about teamwork. good morning. so happy to be here today. i am the co-founder of marvell technologies. are among the top three semiconductor companies in the world. it is my honor to be part of this year's apec meeting. especially the women in the economy summit. first of all, i want to thank secretary clinton, ambassador tom, the state department staff, for their leadership for promoting greater operations between the u.s. and asia- pacific. developing better trade channels in asia is very critical for the future of the u.s., calif., and many technology companies in the silicon valley. i was born in shanghai and came to this beautiful city of san francisco over 30 years ago with very little english language skills. and then i met my husband, who was born in jakarta, indonesia, over 30 years ago, and we got a great indication from uc berkeley, and built from the ground up, hard work and dedication, passion, and that is how, 16 years later, why we are proud to have such a high-tech company. we created over 3000 jobs in the u.s.. the rest total about 6000 people globally. we are very proud for the u.s. leadership in the high-tech industries and we believe the u.s. is the best innovating country, center of the world. let's continue to support and make sure we maintain that leadership. we greatly value of our existing policy within the apec economies, and hope to continue to foster these relationships through meetings and minutes summit. i hope that i can also share my experiences to encourage women around the world on this effort. at this summit, we will be focusing on the high-tech industry. on my side, perhaps i can share some experience regarding high tech, and we can collaborate with educators, government, to advance women in technology. together, we grow the global economy together. i encourage my fellow women executives from around the bay area to join us for this very and important world changing movement. thank you very much. [applause] >> perhaps i could ask the speakers to come back up and we can take some questions, if you have them. are there questions from the media? >> [inaudible] >> the objective on that agenda item is consistent with our work within the g 20. to help the economy is identified the range of policies which the current a follow, producer subsidies, consumer subsidies writ large. to determine for themselves which of those subsidies do not make sense economically and figure out ways to target more nearly so that they have the social impact that is desired. often, the economies of the region are seeking to make basic energy costs less expensive for low-income people. but they utilize policies which are more expensive and ends up contributing to wasteful consumption of the excesses -- excessive amounts of energy. the idea is to help economies figure out how to design better policies through benchmarking, sharing best practices >> [inaudible] . >> [inaudible] >> i am not sure. >> other questions? thank you very much. we appreciate you being here. thank you very much, everybody. enjoy your day. [applause] >> in this fabulously beautiful persidio national park and near golden gate and running like a scar is this ugly highway. that was built in 1936 at the same time as the bridge and at that time the presidio was an army and they didn't want civilians on their turf. and the road was built high. >> we need access and you have a 70 year-old facility that's inadequate for today's transportation needs. and in addition to that, you have the problem that it wasn't for site extenders. >> the rating for the high viaduct is a higher rating than that collapsed. and it was sapped quite a while before used and it was rusty before installed. >> a state highway through a federal national park connecting an independently managed bridge to city streets. this is a prescription for complication. >> it became clear unless there was one catalyst organization that took it on as a challenge, it wouldn't happen and we did that and for people to advocate. and the project has a structural rating of 2 out of 100. >> you can see the rusting reinforcing in the concrete when you look at the edges now. the deck has steel reinforcing that's corroded and lost 2/3's of its strength. >> this was accelerated in 1989 when the earthquake hit and cal came in and strengthened but can't bring to standards. to fix this road will cost more than to replace. and for the last 18 years, we have been working on a design to replace the road way, but to do in a way that makes it appropriate to be in a national park and not army post. >> i would say it's one of the most ugly structure, and it's a barrier between the mar sh and presidio. and this is a place and i brought my dogs and grandchildren and had a picnic lunch and it was memorable to use them when we come here. what would it look like when the design and development is completed. and we are not sure we want an eight lane highway going through this town. and it's a beautiful area in a national seaport area on the planet. >> the road is going to be so different. it's really a park way, and it's a parkway through the national park. and they make the road disapeer to the national park. >> and the road is about 20 feet lower, normally midday, you go through it in two minutes. looking back from the golden gate bridge to presidio, you are more aware of the park land and less of the roads. and the viaduct will parallel the existing one and to the south and can be built while the existing one remains in operation. and the two bridges there with open space between them and your views constantly change and not aware of the traffic in the opposite direction and notice the views more. and the lanes of course are a foot wider than they are today. and they will be shoulders and if your car is disabled, you can pull off to the edge. and the next area, the tunnel portal will have a view centered on the palace of fine arts and as you come out, you can see alkatrez island and bay. and the next area is about 1,000 feet long. and when you come into one, you can see through the other end. it's almost like driving through a building than through a tunnel. and noise from the roadway will be sheltered. and the traffic will be out of view. >> when you come out of the last sort tunnel and as you look forward, you see the golden dome of the palace of fine arts and what more perfect way to come to san francisco through that gateway. >> it will be an amazing transformation. now you read it as one section, the road is a major barrier and then a wonderful strip along the water. all of those things are going to mesh together. >> right now the road really cuts off this area from public access. and with the new road, we will be able to open up the opportunity in a new way. >> this bunker that we see now is out of access for the general public. we are excited to completely rework this side and to open up the magnificent views. and what we want to do is add to this wonderful amenity and restore this coastal bluff area and respect its military history and the doyle drive project is allowing us to do that recorrection. and this area is not splintered off. >> and we can see how dramatic a change it will be when doyle drive is suppressd and you have a cover that connects the cemetery to this project. it's historic on the statewide and national basis, but you could rush the project or put thought and time to create something of lasting public benefit. >> we really want this, for everyone to feel like it's a win situation. whether you are a neighbor that lives nearby or a commuter or user of the park. that everyone will experience a much better situation than they currently have. >> the hum