Newmark Industry Expert Shares His Perspective on SelectUSA and Future of Foreign Direct Investment
Newmark Senior Managing Director, Gregg Wassmansdorf
, authors his first of six annual editorials for fDi Intelligence, part of fDi Magazine, providing industry-leading insight into globalization and foreign direct investment (FDI). In the article, Mr. Wassmansdorf explains the mood of this summer’s SelectUSA Investment Summit and the future of FDI over the next 12-36 months.
“I began writing my first contribution to fDi Magazine while attending the SelectUSA 2017 Investment Summit in Washington, DC, and finished editing it just days before the start of renegotiations of the North American Free Trade Agreement. Fitting, because the two predominant investment themes in the US these days are bold aspirations and great uncertainty.
SelectUSA conference speakers were meant to inspire confidence and promote FDI. Common refrains included the rule of law, intellectual property protections, innovation through corporate, government and academic collaborations, market size, low energy costs, workforce diversity, and a cultural dedication to winning. While some of these attributes are shared with other countries, they remain important characteristics of the US value proposition.”
Read the full article, View from America: Ambition versus anxiety.