1、 https:/crsreports.congress.gov Updated January 28, 2022SelectUSA: U.S. Inbound Investment PromotionU.S. efforts to attract foreign direct investment (FDI) primarily take place at U.S. state and local levels, such as through economic development organizations (EDOs), which work to attract business i
2、nvestment locally and regionally. At the same time, federal efforts to coordinate investment promotion also exist. Such efforts currently are focused through SelectUSA, a Department of Commerce program established in 2011 (Executive Order 13577). SelectUSA aims to coordinate federal efforts to attra
3、ct and retain “job-creating” business investment in the United States. The program focuses both on drawing foreign investors to the United States and working to “re-shore” U.S. firms. Given the potential economic and competitiveness implications of U.S. efforts to attract inbound FDI, and the specif
4、ic impacts that such activity may have on U.S. districts and states, Members of Congress may be interested in better understanding SelectUSA. Inbound Investment Background The United States is a major destination for FDI. Businesses invest in the United States by establishing new operations (“greenf
