For Immediate Release: August 26, 2013
Contact: Mary Trupo (202) 482-3809
Economic Development Organizations in 42 States Plus the District of Columbia and Puerto Rico Line Up to Attend the SelectUSA 2013 Investment Summit
Organizations to Showcase Their Job-creating Projects to Potential Investors
WASHINGTON – The U.S. Department of Commerce’s International Trade Administration announced today that economic development organizations (EDOs) in 42 states plus the District of Columbia and Puerto Rico have signed up to participate in the SelectUSA 2013 Investment Summit (Summit), October 31-November 1, in Washington, D.C.
To date, EDOs in the following states will be represented: Alabama, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Iowa, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Mississippi, Missouri, Montana, Nebraska, Nevada, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Virginia, Washington, West Virginia, Wisconsin, and Wyoming.
“We are very pleased with the initial response from EDOs who understand the vast opportunities the Summit presents to increase foreign direct investment in their communities,” said Under Secretary of Commerce for International Trade Francisco Sánchez. “The Summit is about connecting EDOs from across the United States with potential domestic and international investors driving economic growth and creating jobs here in America.”
Today’s announcement builds upon the momentum created by recent news about the Summit, including announcing that four of President Obama’s cabinet members will be participating: Secretary of Commerce Penny Pritzker, Secretary of State John Kerry, Secretary of the Treasury Jack Lew, and U.S. Trade Representative Michael Froman. Secretary Pritzker also recently announced that six corporate chief executive officers will be speaking at the Summit, including: Laurence Fink of BlackRock, Daniel Doctoroff of Bloomberg L.P., Douglas Oberhelman of Caterpillar, Inc., Andrew Liveris of Dow Chemical Company, Eric Spiegel of Siemens Corporation, and William (Bill) Simon of Walmart U.S.
The Summit offers attendees access to networking opportunities and one-on-one meetings between EDOs and potential investors; 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 state, local, and regional EDO exhibits.
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. The SelectUSA Summit is being organized with support from agencies across the Federal government, including the Economic Development Administration.
“EDOs perform a vital economic development function in their communities and it’s great that they are joining us at this important Summit,” said Deputy Assistant Secretary of Commerce for Economic Development Matt Erskine. “We look forward to having even more states and territories represented at the Summit as it will be an excellent opportunity to showcase local investment projects.”For more information about the Summit or to pre-register, please visit http://www.selectusasummit.com/.
International Trade Administration
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