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November 21, 2024

Maryland to host major US investment summit

Maryland to host major US investment summit
Maryland to host major US investment summit

Today, the United States (US) Secretary of Commerce Gina Raimondo announced the lineup of global executives, business leaders and senior U.S. government representatives participating in the 2024 SelectUSA Investment Summit, scheduled for June 23-26, 2024.

The 10th SelectUSA Investment Summit will be held at the Gaylord National Resort and Convention Center in National Harbor, Maryland. Notable speakers and attendees at this year’s SelectUSA Investment Summit include U.S. governors, U.S. Chiefs of Mission, and C-suite executives from U.S. and global companies and more.



“The SelectUSA Investment Summit is the premier event when it comes to foreign direct investment in the United States, highlighting everything America has to offer,” said Secretary Raimondo. “The Department of Commerce’s SelectUSA program has proven to be a key component in the Biden-Harris Administration’s efforts to attract investments across the country, especially in critical sectors such as semiconductors and clean energy. I look forward to hosting this year’s SelectUSA Investment Summit and highlighting key investment announcements that will help create jobs and economic opportunity all over the country.”

Hosted by the U.S. Department of Commerce, the Investment Summit is a one-stop shop for companies considering expanding to the United States and provides EDOs with the opportunity to meet directly with international companies to facilitate investment deals.

Since inception, SelectUSA Investment Summits have attracted thousands of international companies and economic development representatives generating over $110 billion in new investment projects supporting over 85,000 jobs across the United States and its territories.

The previous SelectUSA Investment Summit saw record-breaking numbers with more than 4,900 participants, including EDO representatives from 55 U.S. states and territories and over 2,300 business investors from 83 international markets.



Earlier this year, SelectUSA achieved a new milestone of facilitating more than $200 billion in client-verified foreign direct investment (FDI) supporting more than 200,000 jobs throughout the United States and its territories since the program was established in 2011. Moreover, the United States has been ranked as the top destination for foreign direct investment for the 12th consecutive year, according to Kearney’s Global Business Policy Council’s 2024 Foreign Direct Investment (FDI) Confidence Index.

Several U.S. governors will participate, including:
– Guam Governor Lou Leon Guerrero
– Illinois Governor J.B. Pritzker
– Indiana Governor Eric Holcomb
– Massachusetts Governor Maura Healey
– Michigan Governor Gretchen Whitmer
– Nevada Governor Joe Lombardo
– New Jersey Governor Phil Murphy
– North Carolina Governor Roy Cooper
– Oklahoma Governor Kevin Stitt
– Virginia Governor Glenn Youngkin
– Mayor Muriel Bowser of the District of Columbia will also participate.

The Investment Summit will host speakers from global businesses, including:
– Mohamed Jameel Al Ramahi, CEO at Masdar
– Belén Garijo, Chair of Executive Board and CEO at Merck KGaA, Darmstadt, Germany
– Megan Lee, Chairwoman and CEO at Panasonic Corporation of North America
– Aamir Paul, President North America Operations at Schneider Electric
– Beatrix Praeceptor, CEO at Greiner Packaging International GmbH
– Dr. Michael Süss, Executive Chairman at OC Oerlikon.


The SelectUSA Investment Summit is a platform for new announcements by foreign investors detailing their expansion plans in the United States and economic development organizations (EDOs) highlighting new investments in their localities.

Last year’s SelectUSA Investment Summit brought together more than 4,900 participants, including EDOs representing over 50 U.S. states and territories, more than 2,300 business investors from over 80 international markets, and industry experts who providing insights and advice on how to successfully invest in the United States.

The SelectUSA Investment Summit has directly helped generate more than $110 billion in new U.S. investment projects, supporting over 85,000 jobs across the United States and its territories, according to the information obtained from the organizers of the Summit.

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