SelectUSA News & Updates - April 3, 2024

International Trade Administration sent this bulletin at 04/03/2024 01:04 PM EDT

U.S. Remains World's Top Destination for Foreign Direct Investment for 12th Consecutive Year

The United States has been ranked as the top destination for foreign direct investment for the 12^th consecutive year according to Kearney’s Global Business Policy Council’s 2024 Foreign Direct Investment (FDI) Confidence Index.

The annual survey of global senior executives and investors found that the Unites States maintains its lead ranking for over a decade due to the growing strength of the U.S. economy and rebounding consumer sentiment.

“For the 12th year in a row, the United States was once again the number one destination for foreign direct investment in 2023, reflecting the Department of Commerce’s commitment to constantly increasing our economic competitiveness. Through our efforts to secure FDI across the United States, we are delivering on the Biden-Harris Administration’s promise to create good-paying jobs for working families and increase economic development in all communities across the country.”

- Secretary Gina Raimondo

The United States’ ranking in the FDI Confidence Index is supported by the work of the Commerce Department’s SelectUSA program that focuses on facilitating job-creating business investment into the United States and raises awareness of the critical role that economic development plays in the U.S. economy.

See the full ITA press release here.

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Apply to Attend the 2024 SelectUSA Investment Summit

The 2024 SelectUSA Investment Summit takes place from June 23 – 26, 2024 in National Harbor, Maryland and can help you establish new connections and opportunities for companies to grow their businesses through investing in the United States.

"SelectUSA is the World Cup of U.S. market entry. It is the only place where you can meet all the support resources and mechanisms under one roof. It is the best 3 days you can spend in your market entry journey.”

- 2023 EDO Investment Summit Participant

We hope to see you as we celebrate our milestone 10th Investment Summit and make this year’s event the best yet!

Apply Now to Attend

SelectUSA Investment Summit Spinoff Events

SelectUSA Investment Summit Spinoff Events connect your company to some of the most promising business opportunities in the United States. SelectUSA Spinoffs are events that take place before or after the SelectUSA Investment Summit in different locations across the United States. Explore the full list of 2024 SelectUSA Spinoff Events on our website.

The SC NEXUS Energy Experience

Date: June 27, 2024

Registration deadline: April 19, 2024

Join us for a two-day visit to the SC NEXUS regional tech hub, which is home to Westinghouse, Schneider Electric, Rolls Royce Power Systems, GE Vernova, and Savannah River Nuclear Solutions. The schedule of events will include networking opportunities with local industry and business leaders, full-day program on doing business in the U.S. and why SC NEXUS is a prime destination for advanced energy enterprises.

To register your interest, please fill out this form and email it to scnexus@sccommerce.com.

Learn more about this spinoff event here.

Gateway to Global Success: Investing in Greater Miami

Date: June 19-21, 2024

Registration deadline: May 15, 2024

The Miami-Dade Beacon Council, Greater Miami's official economic development partnership, invites international investors and business leaders to visit our community prior to the SelectUSA Investment Summit.

One of the top FDI markets in the country and the #1 U.S. Metro based on foreign-born population, Greater Miami is a very collaborative, business-positive community that welcomes foreign investors, businesses, and talent.

To learn more about this spinoff event and register, click here.

Select Global Women in Tech image encouraging potential mentors to apply

SelectUSA Hosted Events

We have many more exciting events for companies, EDOs, service providers, and more in 2024! Be sure to check out our full calendar of events on our website.

Calendar of Events

Investment Advisory Council (IAC) Application – Deadline Extended!

The IAC advises the Secretary of Commerce on the development and implementation of strategies and programs to attract and retain foreign direct investment (FDI) in the United States. Are you interested in serving on the IAC? We've extended the application deadline to May 15, 2024!

Apply Now

This Week Online

A picture from the Building Bridges Event

On X: This week, U.S. Commercial Service Belgium hosted Belgian businesses interested in expanding to the U.S.! SelectUSA Executive Director Jasjit Singh spoke virtually at the SelectUSA Building Bridges event.

On Instagram: Learn more about attending the 2024 SelectUSA Investment Summit.

Commerce Secretary Gina Raimondo in her International Women's History Month Message

On LinkedIn: U.S. Department of Commerce Secretary Gina Raimondo wished everyone a Happy Women’s History Month!

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