By Alltimepost.com
President Barack Obama of the United States will deliver the keynote address at the 2015 SelectUSA Investment Summit on Monday March 23, 2015, the White House announced on Tuesday.
The SelectUSA Investment Summit which is hosted by the U.S. Department of Commerce will take place at the Gaylord National Resort and Convention Center, just outside Washington, D.C., between March 23 and 24.
“At this year’s Summit, investors from around the world will have the chance to hear directly from President Obama about why there has never been a better time to invest in the United States,” said U.S. Secretary of Commerce Penny Pritzker.
“The President’s participation helps illustrate how the entire Administration is engaged in bringing new job-creating investment to the U.S., which will generate economic growth for years to come.”
In addition to President Obama and Secretary Pritzker, Secretary of State John Kerry, Secretary of the Treasury Jacob J. Lew, Secretary of Agriculture Tom Vilsack, Secretary of Labor Thomas Perez, and Secretary of Transportation Anthony Foxx will be delivering remarks at the event.
More than 30 U.S. ambassadors are personally leading delegations to the summit.
Also participating in this year’s Summit are some of the world’s top CEOs who will discuss the advantages of investing in America.
They include: Eric Schmidt, Executive Chairman of Google; Ludwig Willisch, President and CEO of BMW North America; Peter Selleck, Chairman and President of Michelin North America; Toshiyuki Shiga, Vice Chairman of Nissan Motor Company; and David Rubenstein, Co-Founder and Co-CEO of the Caryle Group, the world’s largest equity firm.
More than 1,200 representatives of international firms and business organizations from more than 70 markets around the world will attend the Summit.
Many states, territories, cities, and regions are also hosting booths in the Summit exhibition hall to connect directly with investors.
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.
Through 2014, SelectUSA helped generate more than $20 billion of investments, creating jobs and spurring economic growth. In 2014, 5.8 million people in the United States were employed by U.S. subsidiaries of foreign firms.
Housed within the U.S. Department of Commerce, SelectUSA promotes and facilitates business investment into the United States by coordinating related federal government agencies to serve as a single point of contact for investors.
SelectUSA assists U.S. economic development organizations to compete globally for investment by providing information, a platform for international marketing, and high-level advocacy.
SelectUSA also helps investors find the information they need to make decisions; connect to the right people at the local level; navigate the federal regulatory system; and find solutions to issues related to the federal government.
