The Hong Kong Electronic Industries Association (HKEIA) as one of the Hong Kong representatives to attend the SelectUSA Investment Summit which is dedicated to promoting foreign direct investment (FDI) in the United States in Washington D.C. on 10-12 June 2019. Mr Basil Wai, CEO of the HKEIA attended the highest-profile event with aims to collect first-hand business opportunities information. The Summit connects qualified foreign firms directly with U.S. economic development organizations (EDOs) to facilitate business investment and job creation.
Every year the Summit focuses on presenting the U.S. investment environment, industry trends, and new opportunities. Additionally, the Summit features senior government officials, C-level business executives, and other leaders.
The Summit aims in attracting and facilitating international investment into the United States by raising awareness of the wide range of opportunities and positive business climate and facilitating vital direct connections between investors and EDOs.
The 2019 SelectUSA Investment Summit has drawn more than 3,100 participants including 1,200 business representatives to the Washington, D.C. area. Past participants have announced more than $103.6 billion in investment projects within five years of attending the Summit, supporting more than 167,000 U.S. jobs.
More than 65 international companies joined Secretary Ross and Ivanka Trump at a ceremonial signing of the Pledge to America’s Workers.
HKEIA attended the 2019 CGCC SelectUSA Reception & CGCC Annual Business Survey Report Launch organised by the China General Chamber of Commerce-USA (CGCC) on 10 June 2019.
Besides, the Hong Kong Economic &Trade Office in Washington D.C., organised a cocktail reception to receive government officials and trade representatives from different industries on 11 June 2019. Mr Edward Yau, the Secretary for Commerce and Economic Development of HKSAR gave an opening remarks to share his view on Hong Kong’s economic development and challenges.