Posted at 9:46 AM
Today, U.S. Secretary of Commerce Wilbur Ross announced that he will host the 2017 SelectUSA Investment Summit (Summit), June 18-20, at the Gaylord National Resort and Convention Center in National Harbor, Md. The Summit is the highest profile event to connect global companies and U.S. economic development organizations (EDOs) to facilitate business investment in the United States.
“We are entering a new period of economic revival in the United States,” said Secretary Ross. “This is an exciting time for global companies to explore the U.S. market and find partners that can help them create a footprint, expand operations, and achieve growth. There is no better place to make those connections than this Summit.”
The previous three Summits have yielded more than $20.6 billion in greenfield investment projects in the United States, attracted thousands of international investors, and featured executive speakers from firms such as BMW, Google, Michelin, Sony, Unilever, and Walmart.
The Department of Commerce anticipates another capacity audience of global companies and U.S. EDOs, along with a strong lineup of executive presenters. Registration for the 2017 Summit already includes representatives from more than 45 states and territories, and more than 37 international markets.
The 2016 Investment Summit attracted more than 2,600 total attendees, including more than 1,000 global investors, EDOs from 52 states and territories, and 22 U.S. Chiefs of Mission.
The United States is currently home to more foreign direct investment (FDI) than any other country in the world, with a total of $3.1 trillion at the end of 2015. FDI supports more than 12 million direct and indirect U.S. jobs, and is responsible for more than one-quarter of all U.S. goods exports ($425 billion).
Housed within the U.S. Department of Commerce’s International Trade Administration, SelectUSA promotes and facilitates business investment into the United States by coordinating related federal government agencies to serve as a single point of contact for investors. SelectUSA assists U.S. economic development organizations to compete globally for investment by providing information, a platform for international marketing, and high-level advocacy. SelectUSA also helps investors find the information they need to make decisions; connect to the right people at the local level; navigate the federal regulatory system; and find solutions to issues related to the federal government. For more information, visit www.SelectUSA.gov.