Chambers named to U.S. investment advisory council

Indiana Secretary of Commerce Brad Chambers has been appointed to the U.S. Investment Advisory Council by U.S. Secretary of Commerce Gina Raimondo. The IAC serves as the principal advisory body to the commerce secretary on the promotion and retention of foreign direct investment (FDI) to the U.S.

Chambers will join a group of 34 international business and economic leaders who will advise Raimondo on how government policies and programs affect the United States’ ability to attract and facilitate foreign business investment.

“Collaboration is critical to continuing U.S. global leadership in direct foreign investment,” said Chambers. “I look forward to working with national partners and thought leaders to continue the current momentum and solidify the U.S. and Indiana as premier investment destinations.”

Chambers has been on a trade mission to Taiwan and South Korea this week, along with Governor Eric Holcomb, to seek opportunities for collaboration across industry, academia and government.

“Indiana and Taiwan share a bold vision for innovation and building the future economy,” said Chambers. “I’m encouraged by our progress in Taipei the last two days and am confident these new partnerships will create future-focused, action-oriented plans for collaboration that will benefit the industries and people of both Indiana and Taiwan.”

According to data from the Indiana Economic Development Corp., the state set a record with $4.4 billion in new FDI year to date 2022.