30 Jun 2022

2022 Select USA Investment Summit in Washington, D.C

The Laredo Economic Development Corporation (LEDC), in collaboration with the Laredo Chamber of Commerce, recently attended the 2022 SelectUSA Investment Summit in Washington, D.C. to promote foreign investment in our Laredo / Webb County Community.

The SelectUSA Investment Summit is the highest-profile event in the United States dedicated to promoting foreign direct investment (FDI). From the LEDC, the event was attended by Gene Lindgren, President & CEO, and Yvette Sanchez, Vice President of International Recruitment, and from the Laredo Chamber of Commerce, Gabriela Morales, President & CEO. Gene Lindgren stated, “Our exhibit space was part of the most important FDI event in the world, attended by representatives from over 80 international markets and every U.S. State and Territory”. This event draws over 3,000 attendees and has directly impacted more than $57.9 billion in new U.S. investment projects, supporting over 47,000 jobs across the United States and its territories. Historically, the Investment Summit attracts more than 1,200 business investors from approximately 80 international markets who join economic developers from almost all U.S. states and territories.

“We hosted several business-to-business meetings at our space from company representatives from every continent, and we will be following up with them to continue to promote our community for business ventures that will provide significant investment and more jobs. In addition to being blessed to be in Texas, we continue to promote our global trade expertise, competitive and efficient supply chain industry, young and talented workforce, and thousands of acres of land under development,” added Lindgren. 

Evening receptions hosted by country delegations, state representatives, and private sector sponsors allowed for additional networking opportunities. There are a number of events over the next several months where the LEDC will continue to collaborate with the Laredo Chamber of Commerce, the City of Laredo Economic Development Department, and our counterparts in our sister city of Nuevo Laredo, including Mexico’s Auto Industry Summit in Leon, Guanajuato, Foro de Competitividad Municipio de Nuevo Laredo, 2022 Ports-to-Plains Alliance Conference in Big Spring, TX, NASCO 2022 Continental Reunion in Kansas City, MO, and YTexas Summit 2022 in Dallas, TX.