June 2009
Welcome to the latest update from Invest in America, the U.S. Department of Commerce’s program to promote foreign direct investment to the United States.
Outreach
Invest in America will participate in:
- APPA Economic Development & Broadband Conference San Francisco, California on July 27, 2009
- Michigan Economic Developers Association Annual Meeting in Kalamazoo, Michigan on August 20, 2009
- Invest in America Seminar – 13th China International Fair for Investment and Trade in Xiamen, China, September 8-11, 2009
- National Association of Foreign Trade Zones Conference in Dallas, Texas on September 23, 2009
- 2009 IEDC Annual Conference in Reno, Nevada on October 5, 2009
- WAIPA World Investment Conference in Milan, Italy, October 12-14, 2009
Reports of Note
Invest in America’s NEW Guide to Federal Incentives and Programs Available to Investor’s can be found on the Invest in America website. This document contains federal incentives and programs available to investors in the United States based on research conducted by Invest in America staff. Information is provided regarding programs, contacts, federal agencies, and other relevant data.
The Bureau of Economic Analysis (BEA) news release entitled “Foreign Direct Investors’ Outlays to Acquire or Establish U.S. Business Increased in 2008.” Outlays by foreign direct investors to acquire or establish U.S. businesses increased 3 percent in 2008, to $260.4 billion. Outlays in 2008 were the third-largest on record and the sixth consecutive increase since a falloff in outlays in 2001-2002.
The Vale Columbia Center on Sustainable International Investment article by Ken Davies analyzing China’s increasing outward foreign direct investment (OFDI). The report, entitled “While Global FDI Falls, China’s Outward FDI Doubles,” notes that in 2008 Chinese OFDI doubled even as global FDI flows decreased by 20 percent.
Data
- Inquiries to date in 2009: 129
- Ombudsman cases in 2009: 11
Invest in America’s ombudsman program has achieved a number of successes in working across the federal government to address investor concerns and issues involving federal agencies. If a foreign investor has a federal-level issue that is jeopardizing an investment in the United States, please contact Invest in America at 202-482-5199 or email Invest in America at info@investamerica.gov.
Please address all comments and suggestions to info@investamerica.gov. For more information about Invest in America, please visit our website at www.investamerica.gov.
