Upload
truongcong
View
214
Download
0
Embed Size (px)
Citation preview
SelectUSA.gov
Business Investment in the United States
© International Trade Administration 2012
Presenter’s Name Andrea RosaPresenter’s Title Commercial Specialist
Referente per SelectUSA in ItaliaEvent Name Roadshow/ItalyDate October 22-26, 2012
2
The U.S. Business Climate
World Economic Forum’s 2012-2013 Global Competitiveness rankingsUK: #8 France: #21 Germany: #6
AT Kearney’s 2012 FDI Confidence IndexUK: #8 France: # 17 Germany: #5#4
#7
#4
IESE Business School’s 2012 Venture Capital and Private Equity IndexUK: #3 France: #15 Germany: #9
World Bank’s Ease of Doing Business 2012 rankingUK: #7 France: #29 Germany: #19
#1
© International Trade Administration 2012
Ease of Doing BusinessRank Country
1 Singapore
2 Hong Kong
3 New Zealand
4 United States
5 Denmark
6 Norway
7 United Kingdom
8 South Korea
9 Iceland
10 IrelandSource: World Bank, Ease of Doing
Business Report 2012
SelectUSA.gov
3
The U.S. Business Climate
© International Trade Administration 2012
1. Office of the U.S. Trade Representative; Central Intelligence Agency – The World Factbook; and Credit Suisse survey; 2 National Science Foundation Science and Engineering Indicators 2010; Kauffman Index of Entrepreneurial Activity 1996-2009; 3. U.S. Patent and Trademark Office; 4. The Times Higher Education Report 2010-2011 (U.K.); 5. OECD Labor Productivity Statistics; 6. U.S. Census Bureau, *Hangzhou city proper
Source: National Science Foundation Science and Engineering Indicators 2010
Strategic Market & FTAsPopulation of U.S. and FTAs is 695 million; U.S. 42% of Global Consumer Goods Market 1
Center for Global Innovation and EntrepreneurshipU.S. Responsible for 36% of Total World R&D Expenditures (EU-27 accounted for 24%); Average 558,000 new businesses created per month in 2009 2
Strong Intellectual Property Right Protections50.1% of the Patents Granted in 2009 by the U.S. Patent Office Originated from a Foreign Country 3
A Leader in Higher Education15 of the top 20 universities in the World (Europe has 4 of the top 20)4
Productive WorkforceU.S. labor productivity grew 2.3% in 2009 (France: -1%, Germany: -2.3%, UK: -2.5%) 5
Open to People, Cultures, and IdeasU.S. has more Irish than Ireland, Filipinos than Manila, Chinese than Hangzhou* and Poles than Warsaw 6
0%
5%
10%
15%
20%
25%
30%
35%
US Asia Europe Other
Distribution of Worldwide R&D Expenditures, 2010
SelectUSA.gov
Entrepreneurship and Opportunities The U.S. ranks 5th in entrepreneurship and opportunities. A strong entrepreneurial climate in which citizens can pursue new ideas and opportunities for improving their lives can lead to higher levels of income and well-being.
Source: The 2011 Legatum Prosperity Index
© International Trade Administration 20124
SelectUSA.gov
10% | $244.6b
2%| $58.6b
1% | $29.1b
2% | $38.6b
21% | $527.8b
10% | $265.4b
8% | $201.9b
12% | $293.8b
U.S. FDI TrendsTop 15 FDI Stock Positions, 2011
Source: Department of Commerce, Bureau of Economic Analysis – FDI by Ultimate Beneficiary Owner
© International Trade Administration 2012
Rank 2011 FDI Position in the United States
Billion USD
1 United Kingdom 527.82 Japan 293.83 Germany 265.44 Canada 244.65 France 201.96 Netherlands 132.57 Switzerland 126.18 Ireland 98.29 Australia 58.6
10 Belgium 53.111 Spain 4812 Sweden 38.6
13 Italy 31.814 Norway 29.115 Mexico 27.9
5% | $132.5b
4% | $98.2b
2% | $53.1
5% | $126.1b
1% | $31.8b2% | $48b
1% | $27.9b
5SelectUSA.gov
Industry breakdown of total U.S. FDI stock ($2.5 trillion)
Source: Department of Commerce, Bureau of Economic Analysis
U.S. FDI Trends
© International Trade Administration 2012
Total Manu-facturing
32.9%
Retail Trade 2%
Information 5.8%
Depository Institutions
6%
Finance & Insurance
14.8%Real Estate 1.9%
Professional Scientific,
and Technical Services
3.5%
Other Industries
21%
Food 5.1%
Chemicals 24.1%
Primary & Fabricated
Metals, 5.3%Machinery
8.9%
Computers & Electronic
Products, 7.8%
Electrical Equipment, Appliances,
and Components,
0.9%
Transportation Equipment
11%
Other Manufacturing
35%
6SelectUSA.gov
Source: Department of Commerce, Bureau of Economic Analysis© International Trade Administration 2012
FDI and the U.S. EconomyTop 10 FDI Growth Sectors in the United States
(Compound annual growth rate in FDI position between 2006 and 2011 on a historical cost basis)
* “Other Manufacturing” does not include food, chemicals, primary and fabricated metals, machinery, computers and electronic products, electrical equipment, appliances and components, and transportation equipment.
0% 2% 4% 6% 8% 10% 12% 14%
finance & insurance
computers & electronic products
transportation equipment
total manufacturing
chemicals
other industries
retail trade
*other manufacturing
machinery
professional, scientific, and technical services
7SelectUSA.gov
Strategic Market & FTAs
Free Trade AgreementBilateral Investment TreatyBoth
The United States has Implemented or Entered into Force 19 Free Trade Agreements – With a Combined Population of Over 695 Million Consumers and a Combined GDP of $7 Trillion Dollars
Source: USTR; CIA Factbook
© International Trade Administration 20128
SelectUSA.gov
FDI from Italy to the U.S.
13th
$31.8 billion
82,300
$425 million
$1 billion
$3.3 billion
$3.2 billion
Italy is the thirteenth largest source of FDI in the U.S.
The total stock of FDI from Italy to the U.S. in 2011
Employment by U.S. affiliates of Italian firms in 2010
R&D expenditures by U.S. affiliates of Italian firms in 2010
Reinvested Earnings by U.S. affiliates of Italian firms in 2011
Size of FDI Flows from Italy into the U.S. in 2011
Value of exports by U.S. subsidiaries of Italian firms in 2010
Source: United States Department of Commerce, Bureau of Economic Analysis
© International Trade Administration 2012
Rank 2011 FDI Position in the United States
Billion USD
1 United Kingdom 527.8
2 Japan 293.8
3 Germany 265.4
4 Canada 244.6
5 France 201.9
6 Netherlands 132.5
7 Switzerland 126.1
8 Ireland 98.2
9 Australia 58.6
10 Belgium 53.1
11 Spain 48
12 Sweden 38.6
13 Italy 31.8
14 Norway 29.1
15 Mexico 27.9
9SelectUSA.gov
Source: Bureau of Economic Analysis
© International Trade Administration 2012
FDI from Italy to the U.S.
Italian FDI into the United States (By Industry Source; In Millions of U.S. Dollars)
$16,228 Total Manufacturing
$3,458 Primary & Fabricated Metals
$3,090 Machinery
$4,523 Other Manufacturing
$2,578 Wholesale Trade
$1,430 Finance and Insurance
$8,095 Other
Withheld Depository Institutions
2%
5%
21%
19%16%
37%
Distribution of Italian FDI into the U.S. –Manufacturing Sector (2011)
Food
Chemicals
Metals
Machinery
Wholesale Trade
Other
10SelectUSA.gov
11
Recent Announcements:
Source: fDi Markets
June 2012 – Oli, a subsidiary of Wamgroup, has opened a new assembly operation at its facility in Duluth, Georgia. The $1.2 million investment is expected to create 15 new jobs by 2015, and allows the facility’s focus to shift towards both assembly and distribution in the North American market.
January 2012 – Genport, a developer of high-energy electric generators and batteries, has announced plans to establish its North American headquarters at the Purdue Research Park in West Lafayette, Indiana. The $2 million investment is expected to create up to 20 high wage jobs by 2015.
April 2012 – Allevard Springs, an automotive components supplier and subsidiary of Compagnie Industriali Riunite, has announced plans to expand its manufacturing facility in Prichard, West Virginia. The $5.5 million investment is expected to create 45 jobs.
FDI from Italy to the U.S.
© International Trade Administration 2012SelectUSA.gov
About SelectUSA
SelectUSA.gov12
© International Trade Administration 2012
SelectUSA’s mission is to facilitate business investment in the United States in order to support job creation, spur economic growth, and promote American competitiveness.
SelectUSA FY13 Focus Markets
© International Trade Administration 2012
Nearly 90 percent of FDI in the United States (2011 FDI Stock)
Australia $58.6 billion Germany * $265.4 billion Mexico* $27.9 billion Spain * $48.0 billion
Belgium $53.1 billion India * $9.8 billion Netherlands $132.5 billion Sweden $38.6 billion
Brazil* $14.7 billion Ireland $98.1 billion Russia * $7.8 billion Switzerland $126.1 billion
Canada * $244.6 billion Israel $26.7 billion Saudi Arabia $11.6 billion Taiwan $7.8 billionChina and $9.5 billionHong Kong* $10.9 billion Italy $31.8 billion Singapore $22.4 billion UAE $17.4 billion
Finland $9.6 billion Japan $293.8 billion South Korea * $18.3 billion UK $527.8 billion
France* $202.0 billion(*) denotes FY12 pilot marketSource: U.S. Bureau of Economic Analysis
13SelectUSA.gov
SelectUSA Can Help
SelectUSA.gov
• Our mission is to encourage, facilitate, and accelerate business investment to create jobs, spur economic growth, and promote American competitiveness
• Geographically neutral in the United States
• Engage in international and domestic business investment
• What we do:1. Facilitate Business Inquiries2. Act as Ombudsman and Advocate3. Connect Investors with State/Local EDOs and Provide Guidance to EDOs4. Conduct Investor Outreach and Educate Investors5. Lead and Coordinate an Interagency Working Group
14© International Trade Administration 2012
SelectUSA Services:
Information Services
SelectUSA provides actionable information to international firms to help them…
• Incorporate a business in the U.S.• Understand basic U.S. tax and legal concepts• Learn about incentives available to businesses in the U.S.• Connect with U.S. state, city, or regional economic development offices to learn
about investment opportunities• Apply for a business-related visa
International investors can communicate with SelectUSA by phone or email in Washington, DC, or meet with members of the U.S. Commercial Service at American Embassies and Consulates.
© International Trade Administration 201215
SelectUSA.gov
SelectUSA.gov16
Sample Resources for Federal Assistance:
SelectUSA.gov - SelectUSA Database of Federal Programs and Incentives for Business
GSA.gov – The U.S. General Services Administration (GSA) procures services on behalf of the U.S. Government
Grants.gov – a Government-wide database of grant programs
© International Trade Administration 2012
SelectUSA Services:
Information Services
SelectUSA.gov17
Sample Resources for State and Local Assistance- SelectUSA.gov - SelectUSA Interactive Map to
Economic Development Organizations and Contacts for all U.S. States and Territories
- Business.gov/States - Guide to starting and registering a business, public finance, and other information
- State and Local Economic Development Organizations
© International Trade Administration 2012
SelectUSA Services:
Information Services
SelectUSA.gov18
Sample Non-Government Resources for Information
– Free Publications– KPMG Study: 2012 Competitive Alternatives (competitivealternatives.com)– Location Directory on Business Facilities Magazine (businessfacilities.com) – Site Selection Magazine 2010 Guide to State Incentives (siteselection.com) – Area Development Magazine (areadevelopmentonline.com)
– Subscriptions– Consulting Services– Other Resources
© International Trade Administration 2012
SelectUSA Services:
Information Services
Client
Federal Agency
SelectUSA Services:
Ombudsman Assistance
SelectUSA works across the federal government on a case-by-case basis to:
• Address international investor concerns and issues• Connect with a federal agency/ office to seek insight
into a specific case• Offer direct communication between the relevant
federal agency and the client• Identify federal regulations or processes to U.S.
policy makers, that may negatively impact the U.S. business climate
The SelectUSA Ombudsman function is considered business sensitive and administered strictly by the SelectUSA HQ
© International Trade Administration 201219
SelectUSA.gov
© International Trade Administration 201220
SelectUSA Services:
Ombudsman Assistance
SelectUSA.gov
Our Mission:
To promote the export of goods & services from the United States, particularly by small and medium-sized businesses
To represent U.S. business interests internationally
To help U.S. businesses find qualified international partners
To assist foreign direct investors via SelectUSA services.
The U.S. Commercial Service (CS) is the trade promotion arm of the U.S. Department of Commerce’s International Trade Administration. CS trade professionals both domestically and overseas help U.S. companies get started in exporting or increase sales to new global markets.
The U.S. Commercial Service in Italy
21© International Trade Administration 2012
Italian-language Contenthttp://www.buyusa.gov/italy
22© International Trade Administration 2012
Thank You
© International Trade Administration 2012
Dott. Andrea [email protected]
Tel. 02 6268 8523
U.S. Commercial ServiceConsolato Generale Americano
Via Principe Amedeo, 2 - 20121 [email protected]
www.buyusa.gov/italy/selectusa/
SelectUSA.gov