Long Beach Economic Partnership Announces Inaugural Participation at SelectUSA Investment Summit
17 Julio 2024 - 8:24AM
Business Wire
Led by the U.S. Department of Commerce,
SelectUSA Investment Summit is the highest profile event in the
United States dedicated to promoting foreign direct investment.
Since its inception, SelectUSA has facilitated more than $200
billion in investment, creating and/or retaining over 200,000 U.S.
jobs.
Long Beach Economic Partnership (LBEP) made its landmark debut
at the SelectUSA Investment Summit, held in Washington, D.C., June
23-26, 2024. This year marked the largest Investment Summit in
SelectUSA history, with over 5,000 attendees spanning 96
international markets, and, for the first time, all 56 U.S. states
and territories represented.
Key participants at SelectUSA were Secretary of State Antony
Blinken; Secretary of Transportation Pete Buttigieg; Acting
Secretary of Labor Julie Su; Deputy Secretary of Defense Kathleen
Hicks; Deputy Secretary of Energy David Turk; White House Senior
Official Deputy National Security Advisor for International
Economics Daleep Singh; and Export-Import Bank Chair Reta Jo Lewis.
For more information, visit the Summit Newsroom.
The Long Beach delegation included Leah Goold-Haws, LBEP
President/CEO; Bo Martinez, City of Long Beach Economic Development
Department Executive Director; and Felipe Cusnir, World Trade
Center Long Beach Executive Director.
Long Beach participated as a member of the California delegation
led by the Governor’s Office. Significant meetings and connections
were established, both domestically and internationally, including
U.S Department of Commerce Deputy Under Secretary Dianne Farrell;
U.S. Ambassador to India Eric Garcetti; SelectUSA Executive
Director Jasjit Singh; and other foreign ambassadors, dignitaries,
and high-level government officials.
"Bringing Long Beach to the world stage for the first time at
SelectUSA Investment Summit is a clear indication that LBEP's
relaunch of the World Trade Center Long Beach is making meaningful
progress, and effectively putting the global spotlight on the
city,” Cusnir notes. “Our involvement helps promote our economy and
attractiveness to foreign companies and investors, and indicates
our firm commitment to serve the trade and investment community,
both locally and internationally. The World Trade Center Long Beach
is proud to serve as the dedicated agency to actively promote our
economy and position the city as a prime investment destination,”
Cusnir says.
The Summit enhanced efforts to facilitate the export of Long
Beach goods and services to countries in Asia, Latin America,
Africa, and the European Union, and showcased the city’s favorable
investment climate and competitive standing on the world stage.
Some key connections include an Asian aluminum manufacturer looking
for a site to establish their US headquarters; a European
sanitation and waste-to-energy company looking to enter the US;
transportation and logistics companies looking to be located and to
operate in SoCal; an Asian e-commerce platform seeking to feature
Long Beach companies/exporters on their platforms; and a Latin
American ag-tech company looking to enter the US market.
U.S. Secretary of Commerce Raimondo noted that the success of
the 2024 SelectUSA Investment Summit demonstrated why the United
States remains the top destination for foreign direct investment
for twelve consecutive years.
About SelectUSA
Housed within the International Trade Administration, SelectUSA
promotes and facilitates business investment in the United States
by coordinating related federal government agencies to serve as a
single point of contact for investors, and raises awareness of the
critical role that economic development plays in the U.S. economy.
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 foreign companies 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.
About Long Beach Economic Partnership (LBEP)
LBEP is a non-profit, action-oriented organization that works to
grow the economy of Long Beach and expand citywide economic
opportunities with a global vision. This is achieved through
locally focused partnerships, newsworthy events, and other actions
that will deliver on their vision for dependable growth. LBEP works
directly with companies to understand their needs and assist them
in their success, providing business services ranging from site
selection to incentive programs, industry-focused initiatives, and
talent pipeline development.
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