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Published on : Friday, November 1, 2013
Whether foreign or domestic, direct investment is key to a strong economy. Since the 1980s the U.S. has lost 67 percent of its share of global foreign direct investment (FDI) to international markets, slowing economic growth and job creation.
To reverse this trend, President Obama launched the SelectUSA initiative in 2011 to promote and facilitate investment in the U.S. Sponsored in part by Deloitte and hosted by the U.S. Department of Commerce’s International Trade Administration, the first-annual SelectUSA 2013 Investment Summit brings together organizations from around the world with governors, mayors and local stakeholders, federal agencies, and state and local economic development organizations to discuss the benefits of investing and expanding in the U.S.
Joe Echevarria, chief executive officer, Deloitte LLP, will participate with other industry leaders in the Oct. 31 panel discussion from 11 am to noon, “Why the Economics Favor Investing in the United States.”
Other Deloitte specialists also will be on hand to discuss summit sessions and provide insights into areas such as taxation, site and location strategy, business incentives, talent and human resources strategy and the regulatory environment.
Deloitte personnel on site will include: