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For Immediate Release: June 12, 2013
Contact: Mara Lee (202) 482-3809
First-Ever Summit to Attract Investment in the United States, Helping to Create Economic Growth and Jobs
SELECTUSA 2013 INVESTMENT SUMMIT PRE-REGISTRATION NOW OPEN
WASHINGTON – The U.S. Department of Commerce’s International Trade Administration today announced that pre-registration for the first-ever SelectUSA 2013 Investment Summit is now open. SelectUSA is a government-wide Presidential Initiative to attract foreign investment in the United States.
Those interested in attending the Summit can go to www.selectusasummit.com to pre-register. The Summit will be held at the Marriott Wardman Park Hotel in Washington, D.C., October 31-November 1, 2013. The two-day event will connect investors – both foreign and domestic – with local, state, and regional economic development organizations (EDOs) in an effort to promote investment and support American jobs here in the United States.
“The SelectUSA initiative is an integral part of the Obama administration’s efforts to increase direct investment in the United States, which leads to economic growth and job creation,” said Under Secretary of Commerce for International Trade Francisco Sánchez. “The SelectUSA 2013 Investment Summit is the first of its kind, helping to match potential investors with economic development organizations to help revitalize our communities and create new job opportunities. We welcome economic development organizations from across the country – and investors from around the world – to participate.”
Participants and attendees will include international and domestic investors, EDOs, senior administration officials, representatives from state and local governments, business leaders, industry and technical specialists, service providers, and subject-matter experts. Attendees will have access to networking opportunities and one-on-one meetings; presentations on the latest investment trends; moderated panels; break-out sessions about investment opportunities, and programs; information about investment-related resources in the United States; and exhibits from U.S. state, regional and local EDOs.
Foreign direct investment (FDI) plays a critical role in the U.S. economy, which is why President Obama launched SelectUSA, the first-ever U.S. government-wide initiative to promote and facilitate investment in the United States. In 2012, nearly $168 billion in FDI flowed into the United States. In 2011, employment by U.S. affiliates of foreign firms rose to 5.6 million U.S. workers, up from more than 5.3 million the previous year.
SelectUSA’s mission is to promote more of this investment in the United States using the full power and resources of the Federal government. The initiative serves as an ombudsman for investors; provides information assistance to both investors and EDOs; advocates on behalf of U.S. cities, states, and regions competing for global investment; counsels EDOs on investment promotion strategies; and provides a global platform for EDOs.
To learn more about SelectUSA, please visit www.selectusa.gov.###
International Trade Administration
The International Trade Administration (ITA) is the premier resource for American companies competing in the global marketplace. ITA has 2,400 employees assisting U.S. exporters in more than 100 U.S. cities and 70 countries worldwide. For more information on ITA visit www.trade.gov.
The International Trade Administration, U.S. Department of Commerce, manages this global trade site to provide access to ITA information on promoting trade and investment, strengthening the competitiveness of U.S. industry, and ensuring fair trade and compliance with trade laws and agreements. External links to other Internet sites should not be construed as an endorsement of the views or privacy policies contained therein. This site contains PDF documents. A PDF reader is available from Adobe Systems Incorporated.