Mayor’s Office Push Launch
Town of Houston, Bigger Houston Partnership Lead Mission to France to Mature Business enterprise and Cultural Ties
June 27, 2022 — The City of Houston and the Better Houston Partnership will guide a trade and financial commitment mission to Paris, France, from June 27 to July 1, 2022.
The mission will concentrate on selling Houston as a leader in innovation, energy transition, and training although improving key federal government and small business relationships in between the Houston location and Paris.
Targeted organization sectors incorporate strength and innovation with ties in Houston and France. The delegation has various scheduled conferences with large-level federal government officials and reps.
The Houston-Galveston Customs District is the fourth busiest gateway for U.S.-French trade, and France is Houston’s sixth-greatest European investing companion. From 2012 to 2021, trade between Houston and France averaged $4.2 billion yearly and was valued at $5.5 billion in ’21.
“Our precedence is to construct a extra robust trade relationship among Houston and France, and this journey is an essential mission to enrich Houston’s ties with France and explore new enterprise opportunities that will greatly enhance our neighborhood economy with careers and investments,” Mayor Sylvester Turner explained. “As a metropolis of innovation, we price France – based companies with recognized functions in our town and welcome other folks to examine the alternatives for investment decision, small business growth and tourism obtainable in Houston. Our delegation will expand on Houston’s worldwide town status that helps make Houston solid and one of a kind.”
Vice Mayor Pro-Tem Martha Castex Tatum, who chairs the City Council Financial Progress Committee, will cope with business meetings and cultural occasions scheduled during the weeklong mission.
“I am enthusiastic about the option to stand for Houston in Paris formally. The mission will put Houston in the global highlight, capturing our city’s position as a chief in innovation, aerospace, electricity changeover, and education and learning. When we place ourselves to create international business ties, the entire city can probably profit by means of work and growth in our economic system,” stated Vice Mayor Professional-Tem Castex Tatum.
On Monday, the delegation joined Valerie Baraban, the Consul Normal of France in Houston, on a tour of the Musée d’Orsay. The museum’s leadership visited Houston in 2019 to make local relationships. The delegation also attended a Bilateral Company Trade and Expenditure Forum with the Paris Chamber of Commerce. They spoke about Houston main in startup ecosystems through the power and health care sectors. The 1st working day of the trade mission will stop with a meeting with the Deputy Main of Mission at the U.S. Embassy to explore electricity, engineering and trade involving Houston and Paris.
Houston’s Business Ties
- 20-5 Houston companies run 46 subsidiary destinations in France, including Baker Hughes, Hines, Huntsman, NOV, and Schlumberger.
- Sixty-three French firms run 112 subsidiaries in the Houston place, including Air Liquide, Arkema, EDF Trading North The us, Engie North America, and Complete Petrochemicals & Refining.
- Trade and cultural relationships with France are facilitated in Houston through the Consulate Common of France, the French American Chamber of Commerce, the French Trade Fee (UBIFRANCE), the French Alliance, and the Texan French Alliance for the Arts.
- 3 of Houston’s 16 foreign-owned banking companies are from France: Credit Agricole Company and Investment decision Financial institution, Natixis, and Société Générale.
- Great, France, was selected as one particular of Houston’s 19 intercontinental sister metropolitan areas in 1973,
- A lot more than 3,100 folks living in metro Houston have been born in France.
“As Houston will work to guide the world-wide transition to an energy-plentiful, lower-carbon foreseeable future, the trade of concepts and details with impressive metropolitan areas all over the world is essential,” said Susan Davenport, Chief Financial Growth Officer at the Better Houston Partnership. “We are fired up to lead a business delegation alongside Mayor Turner that will get the option to see initial-hand what is occurring in power and innovation with organizations in Paris. As the leading export industry in the U.S. and a major hub for foreign direct expense, worldwide company is a substantial and expanding portion of our economy, and we appear forward to effective conferences that we hope will spur additional financial investment and trade exercise for our location.”
The delegation also has scheduled a tour of Interstellar Labs, a visit to Station F, the world’s premier startup campus, a meeting with Overall Energies, and will go to the opening of Rice University’s initial intercontinental campus, the Rice University Paris Center, with Rice President David Leebron and Provost Reginald DesRoches, who will develop into Rice’s president in July.
The delegation contains Metropolis Council Member Karla Cisneros, Pierre Bang, President and CEO, Overall Energies, Jean-Loup Chrétien, retired astronaut and Tietronix Vice President of Investigation and Development, Alex Condon, CEO, Galen Information and Scott Gale of Halliburton, amid other people.