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Commerce: SelectUSA Has Drawn Over $280 Billion in Investment, Topping All Prior Program Years Combined

Sunday, October 18, 2026 · Federal · GSM News

WASHINGTON — The Commerce Department's International Trade Administration announced on October 16 that SelectUSA, the federal foreign-investment promotion program, has facilitated more than $280 billion in foreign direct investment under the Trump administration — more than the roughly $255 billion facilitated in all previous program years combined since the program began in 2011.

The department said the investments span more than 345 projects expected to support about 55,000 jobs. The 2026 SelectUSA Investment Summit alone generated more than $56 billion in new investment commitments, drawing more than 5,500 participants from 100 markets. The next summit is scheduled for May 2-5, 2027, in National Harbor, Maryland.

"America is the greatest place in the world to invest, build, hire, and expand," Commerce Secretary Howard Lutnick said. SelectUSA is the U.S. government's program to promote and facilitate business investment, led by the International Trade Administration and working with state and local economic development organizations.

Published by GSM · USA (original Chinese edition)

Photo: 图:商务部长 Howard Lutnick 官方肖像(2025年,公共领域,经 Wikimedia Commons)。 Photo: Official portrait of Commerce Secretary Howard Lutnick (2025), public domain, via Wikimedia Commons.

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