The World Trade Hub

SelectUSA Day 2 – Secretary of Commerce Highlights FDIs in the US

Day 2 of the SelectUSA Investment Summit began with an address by the Hon’ble Gina M. Raimondo, U.S. Secretary of Commerce🇺🇸.

The Secretary of Commerce began her address by welcoming all the attendees to the Select USA Summit. The address then highlighted the importance of foreign investment in creating jobs in the American market, and how the #US is the leading country for foreign direct investment for 11 years in a row. She went on to highlight the US Government’s initiatives to create more investment opportunities, including the CHIPS and Science Act aimed at creating a highly skilled workforce, strengthening supply chains, and preserving US’ global economic competitiveness. The address also mentioned the Inflation Reduction Act and the Techs Hub Program, a new initiative to drive innovation and good jobs throughout America.

The Hon’ble Secretary ended her address by highlighting the investment summit’s record of success and encouraged attendees to take advantage of the opportunity to meet with representatives and learn about global and domestic market trends.