Virginia Economic Review

Foreign direct investment (FDI) is a sometimes overlooked, but vital, cornerstone of the U.S. economy. Investments from overseas create high-quality, skilled jobs that pay higher-than-average wages. In 2022, foreign direct investment to acquire, establish, or expand U.S.

When Dutch secondary packaging solutions provider BluePrint Automation decided to open a U.S. location in 1987, the company chose a site in Chesterfield County near Richmond, due in part to the regional talent market and multiple nearby ports that could facilitate importing.

When Ryan Buzzy was a child, his passion was to take radios apart to see how they worked. At 25, he’s not a kid anymore, but his passion for seeing how things work never changed.

Dennis Meseroll is co-founder and executive director of Tractus Asia Limited, a global foreign direct investment advisory firm based in Thailand that specializes in advising and assisting companies with investment and location decisions in Asia.

Foreign companies looking to invest in Virginia go through the same considerations as their domestic counterparts — site evaluation and selection, workforce availability, and logistical issues, to name a few.

How much does Dutch aviation and aerospace giant Airbus value Washington Dulles International Airport? Enough to pick nearby Loudoun County as a center of its U.S.-based spare parts distribution operations not once, but twice.

Jasjit Singh is the executive director of SelectUSA, a U.S. government program housed within the Department of Commerce’s International Trade Administration that works to attract foreign direct investment to the United States.

The LEGO Group’s new manufacturing facility in Chesterfield County is designed to support the company’s sustainability ambitions. From building practices to construction materials to operating functions to landscaping, the LEGO Group’s only U.S.

The word is out that Pulaski County is a “center for international business,” says Jonathan Sweet, administrator for the western Virginia county. Among the 33,000 people who call Pulaski County home is a large community of expatriates hailing from countries around the world.

In 2020, roughly 12 years after Volkswagen relocated its North American headquarters from the Detroit area to Fairfax County, the company faced a choice. With the end of the lease on its Herndon office space looming, would it move to Atlanta, where its Porsche subsidiary is located, or another city?

Ambassador Alexander Yui took over as the Taiwanese representative to the United States at the Taipei Economic and Cultural Representative Office in the United States (TECRO) in December 2023.

A Conversation With Ambassador Mark Brzezinski Ambassador Mark Brzezinski has served as the U.S. ambassador to Poland since 2021. He previously served as the U.S. Ambassador to Sweden from 2011–2015.

To propel its growth in Virginia, Harris Healthcare is forging partnerships internationally. “A big part of our strategy is to grow in our current international markets, but also expand into new markets,” said Jeremy Trabucco, executive vice president at Harris Healthcare, based in Herndon.

Steven Brint is a distinguished professor of sociology and public policy at the University of California, Riverside, and the author of “Two Cheers for Higher Education.”

Northern Virginia has long been known as the data center capital of the world, owing to its status as one of the original four Network Access Points (NAP).

Tad Deriso is president and CEO of Mid-Atlantic Broadband Communities Corporation (MBC), a South Boston-based 501(c)(4) nonprofit organization that has built an advanced open-access fiber optic network in Southern Virginia.

Microsoft's Investments in Boydton and South Boston and its Regional Partnerships are Positioning the Region as a Tech Destination A century ago, South Boston was a tobacco-producing stalwart. In 1927 alone, the town accounted for more than 20 million pounds in tobacco sales.

Several Virginia higher education institutions now offer courses to help students and working professionals learn how to use data to inform decision-making and solve problems — and some are helping to shape research that could ultimately impact medical, financial, and numerous other fields.