The US Embassy in Qatar led a trade delegation of 32 Qatari officials, companies, and business organisations to the ‘2023 SelectUSA Investment Summit’ in National Harbor, Maryland.
The Qatari delegation had the unique opportunity to meet 16 governors, state and local representatives, and economic development organisation officials from 55 US states and territories, further strengthening the economic ties between Qatar and the US.
This was the largest investment summit to date with record levels of attendance and engagement from a wide range of American businesses, more than 4,900 attendees, 83 international markets, and 21 chiefs of mission.
US ambassador Timmy T Davis said, “The Qatari delegation to SelectUSA doubled in size to nearly 40 participants this year and was also the most diverse delegation from the Gulf region.
“Qatari companies and officials clearly see tremendous opportunity in the US, a hub of innovation and the world’s largest market for goods and services. The US Embassy Doha is here to assist any Qatari entity that wants to be part of our countries’ strong and growing two-way investment ties.”
The annual SelectUSA Investment Summit is the highest-profile event dedicated to promoting foreign direct investment in the US with more than 4,000 attendees, including more than 1,900 foreign investors, more than 80 markets represented, and 52 US states and territories participating. The summit provides a unique opportunity for businesses to connect with US economic development organisations and explore potential investment opportunities across the US.
US Deputy Chief of Mission in Qatar Natalie Baker, who led the Qatari delegation to SelectUSA, said: “Senior Department of Commerce officials and governors and representatives from across America were delighted to meet our delegation, which in turn benefited greatly from exploring the breadth and diversity of untapped investment opportunities across the US. Qatari companies and investors already do business in many American communities, from California to South Carolina, but are ready to grow into new markets.”
The delegation heard directly from Commerce Secretary Gina Raimondo, Secretary of State Blinken, Governor Eric Holcomb of Indiana, Governor of Oklahoma Kevin Stitt, Governor of Michigan Gretchen Whitmer, Governor of Arizona Katie Hobbs, and Governor Maura Healey of Massachusetts, among other US leaders and officials.
The participating private companies in the Qatar delegation include Al Talib Qatar Shipping and Land Transport, Danem Engineering Works, Deluxe Trading & Services, Design Creationz, LuLu Group International/Y International USA, and Traffic Management Solutions. Trade associations like the US-Qatar Business Council (USQBC) also participated.
The government entities, on the other hand, include Barzan Holdings, Embassy of the State of Qatar in the US, Investment Promotion Agency Qatar, Ministry of Commerce and Industry, Ministry of Communications and Information Technology, Qatar Free Zones Authority, and Qatari Diar Real Estate Investment Company.
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