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A Letter from Vinai Thummalapally, Executive Director, SelectUSA, U.S. Department of Commerce

The year 2013 was an exciting one for investment in the United States, which reclaimed the top spot in foreign direct investment (FDI) attractiveness in a survey among global business executives by AT Kearney.

Location USA 2014
The year 2013 was an exciting one for investment in the United States, which reclaimed the top spot in foreign direct investment(FDI) attractiveness in a survey among global business executives by AT Kearney. Driven in part by technological innovation and reduced operating costs in some sectors, international firms choose the United States more than any other market and benefit from its large, stable, and growing economy.

At the SelectUSA 2013 Investment Summit, President Barack Obama hosted a sold-out crowd of more than 1,300 people from 60 international markets, 48 states, four U.S. territories, and the District of Columbia. Joined by five Cabinet secretaries, he made it clear that the United States is open for business and warmly welcomes foreign investors. Secretary of Commerce Penny Pritzker committed to providing the tools and information international firms need at “the pace of business.”

The President also announced the expansion and enhancement of SelectUSA, which is the U.S. federal government program to promote and facilitate direct investment. Housed within the U.S. Department of Commerce, SelectUSA coordinates across the federal government to serve as a single point of contact for information and connections. We act as an ombudsman, assisting investors to navigate the federal government and address regulatory questions. To learn how we can help you, please visit www.SelectUSA.gov

We congratulate Area Development for another successful annual edition of LocationUSA. This publication has been a valuable resource for the economic development community, and we look forward to continuing our work together.

Sincerely,
Vinai Thummalapally
Executive Director,
SelectUSA
U.S. Department of Commerce

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