06.03.2024

AP News: Long Beach Economic Partnership Announces Select LA Investment Summit 2024 to Be Held in Long Beach

LONG BEACH, Calif.–(BUSINESS WIRE)–Jun 3, 2024–

Long Beach Economic Partnership is pleased to announce that the 2024 Select LA Investment Summit will be held in Long Beach on June 20, 8:00 AM – 4:00 PM, at the Hyatt Regency Long Beach, 200 S Pine Ave. Long Beach, CA 90802. Traditionally held in Los Angeles, Select LA’s decision to hold the summit in Long Beach marks a major milestone for the city’s growing prominence in the Southern California region.

The World Trade Center Los Angeles and the Los Angeles County Economic Development Corporation (LAEDC) will jointly host the Select LA Investment Summit, presenting an array of opportunities to match international investors with local partners, with one-on-one interactions, plenary panels, and breakout sessions led by local and international executives.

“The significance of having Select LA in Long Beach on the heels of the relaunch of the World Trade Center Long Beach is just tremendous,” says Felipe Cusnir, Executive Director, World Trade Center Long Beach. “The most prominent local investment summit brings together a combination of shared interests, community partnerships, international cooperation, and the ultimate goal of facilitating information exchange and connectivity to foster trade, investment and collaboration. We’re extremely proud and excited to not only welcome the world to Long Beach to showcase our vibrant, dynamic and diverse local economy, but also to create meaningful and fruitful business relationships and friendships,”

LAEDC cites that the needs of international companies are unique, and a holistic strategy must be carefully developed to navigate business channels and discover the right opportunity in Los Angeles. Select LA provides international and local companies with a comprehensive understanding of the region’s investment ecosystem with actionable insights that can guide key business decisions.

Through matchmaking technology and over four hours of networking, Select LA offers the perfect environment to create and foster new relationships with individuals who are responsible for turning a conversation into an investment opportunity. Just as important as a connection is understanding the local processes and protocol to ensure successful transactions, which is why the summit gathers state and local government officials, in addition to private businesses.

Los Angeles is home to the United States’ largest county economy, with an annual GDP of over $707 billion. With 88 cities and over 100 unincorporated areas within Los Angeles County, investment opportunities are unrivaled throughout the nation. In fact, FDI Cities Magazine ranked Los Angeles 5th in the world for return on foreign investment. More than 18 million consumers live in the five counties that make up the Greater Los Angeles Region, establishing the area as one of the United States’ largest and most attractive marketplaces for every business type. Over 10,300 foreign- owned enterprises have already selected Southern California as their U.S. landing pad, with more selecting Los Angeles each week.

About Long Beach Economic Partnership (LBEP)

LBEP is a non-profit, action-oriented organization that works to grow the economy of Long Beach and expand citywide economic opportunities with a global vision. This is achieved through locally focused partnerships, newsworthy events, and other actions that will deliver on their vision for dependable growth. LBEP works directly with companies to understand their needs and assist them in their success, providing business services ranging from site selection to incentive programs, industry-focused initiatives, and talent pipeline development.

View source version on businesswire.com:https://www.businesswire.com/news/home/20240603580674/en/

View at AP News.com: https://apnews.com/press-release/business-wire/long-beach-los-angeles-california-5eca17a8f2b74da6b974d19579ed7182

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