This is an especially dramatic case. which happens to exist in my congressional district. but many other areas could testify to the benefits gained from foreignowned enterprises. The Department of Commerce has played an important role in assisting the States in cultivating foreign interest in these developmental efforts by helping to organize seminars and missions. However. no special incentives are offered foreigners. and the emphasis is in new plant and equipment investments that will contribute to local economic growth. In closing. I would also like to note that our open door policy toward foreign investments here is an important factor in preserving a favorable climate for our investments abroad. roughly six times larger than the investments here.
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open door policy