In June, Utah Gov. Gary R. Herbert led a Utah delegation to the SelectUSA Investment Summit in Washington, D.C. The summit is the highest-profile event dedicated to promoting foreign direct investment (FDI) in the United States.
As a consequence of its prominence, SelectUSA is a signature event that provides an unparalleled opportunity to bring together companies from all over the world, economic development organizations from every corner of the nation, and other parties working to facilitate business investment in the United States. This year’s event was attended by approximately 3,000 leaders.
Featuring senior government officials, C-Suite business executives, and other thought leaders, each summit focuses on a timely theme related to the U.S. investment environment, industry trends and new opportunities.
The Utah booth featured representatives from the World Trade Center Utah (WTC Utah), Economic Development Corporation of Utah (EDCUtah), the Governor’s Office of Economic Development (GOED) and Salt Lake City.
Together, the organizations have been exhibiting at the SelectUSA summit since 2014. The Team Utah agenda included a series of meetings with Gov. Herbert and delegations from other countries looking to invest in Utah or relocate to the Beehive State. Those delegations represented Australia, Qatar, several Eastern European countries, Korea, Taiwan, Vietnam and Israel. And since the Utah Jazz is the most international team in the NBA, Gov. Herbert was pleased to present Utah Jazz jerseys to the players’ respective country representatives.
Promoting FDI in Utah is a high priority for Gov. Herbert, WTC Utah and our partner organizations because 42,200 Utah jobs are directly supported by majority foreign-owned affiliates. Some of the leading foreign countries with businesses investing in Utah include the United Kingdom, Sweden, Germany, Canada and Italy.