By THE PULSE NEWS MEXICO STAFF
U.S. Embassy ad interim Chargé d’Affaires in Mexico John S. Creamer announced Thursday, March 11, that the embassy is recruiting companies to join the Mexico business delegation to participate in the 2021 SelectUSA Investment Summit in June.
The Investment Summit promotes the United States as the world’s premier investment destination and connects qualified foreign firms with U.S. economic development organizations to facilitate business investment and job creation.
“The United States is the largest consumer market in the world and the obvious choice for any Mexican company looking to grow globally,” said Creamer.
“In three days at the SelectUSA Investment Summit, companies can make the connections and gather the information needed to start the process of growing in the United States.”
The United States is currently home to more foreign direct investment than any other country in the world, with a total stock of more than $4.46 trillion at the end of 2019.
Since 2017, the SelectUSA Investment Summits have attracted thousands of international investors and economic development representatives, bringing more than $44.2 billion in new investment projects to the United States.
Mexico’s total stock of foreign direct investment in the United States by 2019 was $42.9 billion, supporting more than $1.1 billion in value of U.S. goods exports by majority Mexican-owned firms operating in the United States in 2018.
The Investment Summit has historically provided returns for Mexican business investors. Past Investment Summit participants from Mexico have announced more than $190 million in new investment projects in the United States.