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Over 60 nations to attend U.S. investment summit in October

commerce department

 

by Joseph Earnest  September 12, 2013

 

Newscast Media WASHINGTON—U.S. Commerce Secretary Penny Pritzker announced September 12 that businesses, investors and government entities from more than 60 countries will participate in the SelectUSA 2013 Investment Summit October 31–November 1 in Washington.

Every region of the world will be represented at this first-of-its-kind event, the Commerce Department said in a news release.

The two-day event will connect investors with local, state and regional economic development organizations.

"We are delighted that more than 60 countries will be represented at the SelectUSA Summit in Washington, D.C., where they will have the opportunity to learn why the United States is the premier investment location," Pritzker said.

"This broad interest in the summit is a testament to the interest of companies, investors and government entities in doing businesses here in America. We're planning a very productive agenda for summit participants to discuss investment opportunities, network and learn about the U.S. investment climate and available resources."

The Department of Commerce recently announced that four members of President Obama's Cabinet will be participating: Secretary of Commerce Pritzker, Secretary of State John Kerry, Secretary of the Treasury Jack Lew and U.S. Trade Representative Michael Froman. Also in the speaker lineup are the chief executive officers of BlackRock, Bloomberg L.P., Caterpillar Inc., Dow Chemical Company, Siemens Corporation and Wal-Mart U.S.

To date, economic development organizations in 42 states plus the District of Columbia and Puerto Rico will be participating in the summit. As an integral part of the summit, they will be prepared to discuss their investment attraction strategies with potential investors.

"Foreign investment in the United States is a win for American jobs and a win for those who invest here," said Secretary Kerry. "We offer the world's best infrastructure and the world's leading workforce to investors who want access to the world’s most attractive and stable market for high-quality goods and services."

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