Hagåtña, Guam – Governor Lou Leon Guerero, at the invitation by Secretary of Commerce Gina Raimondo, recently participated in the 2023 SelectUSA Investment Summit, held in Maryland and sponsored by the U.S. Department of Commerce. The Summit plays a vital role in attracting and facilitating foreign business investments throughout the nation and territories. This year’s event recorded the highest attendance in history with over 4,800 participants.
“SelectUSA is one of the biggest national stages to attract foreign investors, and Guam’s participation ensures we’re top of mind for international trade. Already we’re seeing increased interest evidenced by the over 60 investors from around the globe who visited Guam’s booth to meet and speak with me directly about incentives, workforce pool, and other requirements to start a business here,” said Governor Leon Guerrero. “These investors will be invited to participate in a Select Guam USA Symposium, which will be held virtually on August 10 and 11, 2023. We look forward to opportunities to diversify our economy, grow and upskill our workforce, and create a stronger, more resilient economy post-pandemic.”
Governor Leon Guerrero participated in panels on Infrastructure Investments and Repairing the Global Supply Chain and Investing in the territories. Her panel included the Honorable Pedro Pierluisi, Governor of Puerto Rico, the Honorable John Carney, Governor of Delaware, and the Honorable Kevin Stitt, Governor of Oklahoma, and was moderated by former New Orleans Mayor Mitch Landrieu. Touting Guam as the “bridge between Asia and the United States” and the ongoing military buildup, she addressed its associated growth, including the need for affordable housing, aquaculture development, agriculture, transshipment, and agri-tech.
For more information on SelectUSA, visit https://www.trade.gov/selectusa-about.