FOR IMMEDIATE RELEASE
Tuesday, March 17, 2015
News Media Contact:
Office of Public Affairs, 202-482-4883
President Barack Obama will deliver the keynote address at the 2015 SelectUSA Investment Summit, the White House announced today. His remarks will take place on Monday, March 23.
The SelectUSA Investment Summit is hosted by the U.S. Department of Commerce.
“At this year’s SelectUSA 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. 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. These 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.
The investment summit will be held at the Gaylord National Resort and Convention Center, just outside Washington, D.C., on March 23 and 24. The two-day agenda lists all the Summit activities and breakout sessions.
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.
About SelectUSA: 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. For more information, visit www.selectusa.gov.