News

President Obama highlights Investment Summit

Aug 20, 2013
On August 6 the President Obama announced the first-ever SelectUSA Investment Summit to increase foreign investment and spur middle class job growth.

The Summit will take place on October 31-November 1, 2013, in Washington, D.C. Summit participants will include international and domestic investors, U.S. state, local, and regional economic development organizations (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 EDO exhibits.

Foreign direct investment (FDI) plays a critical role in the U.S. economy. In 2012, nearly 1 billion in FDI flowed into the United States. In 2011, U.S. affiliates of foreign firms employed 5.6 million U.S. workers.

President Obama launched SelectUSA two years ago, the first-ever U.S. government-wide initiative to promote and facilitate investment in the United States.

To read a White House press release, click here. To read more about the Summit, visit website.

< Back to News

Categories

BluOr Bank

Feedback

Being part of AmCham community brings valuable networking opportunities in different business areas as well as informal connections within Business After Hours.

Janis Zigurs, Business Manager Baltics & Iceland at Kenvue

AmCham is a 'must-join' organization for any company of scope or international ambition.

Karlis Cerbulis, Senior Vice President of NCH Advisors, Inc.