Skip to main content

Partnership Highlights Investment and Trade Potential During D.C. Trip

Published Feb 17, 2023 by Gabby Aslaksen

IIT DC Trip 4

Partnership representatives meet with Ellington Arnold, Scott Eisner, Neil Herrington, Evan Jenkins and John Murphy from the U.S. Chamber of Commerce

IIT DC Trip 3

With World Bank's Lisa Castro, Bank Group's Danica Starks, and DOC Multilateral Development Bank Group's Adraina Kugler

IIT DC Trip 5

IIT team at the US Department of Commerce

IIT DC Trip 2

Meeting at the U.S. Trade and Development Agency headquarters

IIT DC Trip 1

President and Chair of the Export-Import Bank of the United States Reta Jo Lewis shows off desk of Houstonian entrepreneur and statesman Jesse Jones

The Greater Houston Partnership’s International Investment and Trade team traveled to Washington, D.C. this week to meet with various government and government-related agencies as part of continued efforts to align our activities in Houston with those at the national level. The Partnership team also provided the Houston business community’s perspective on key trade issues.

The visit began with a meeting with President and Chair of the Export-Import Bank of the United States Reta Jo Lewis and her team for a dialogue on the funding opportunities for Houston companies that are interested in exporting abroad. Texas is the largest export state in the country and Houston is well known as a center for global commerce; both are major markets for Ex-Im Bank. 

Through its new Make More in America Initiative, the Bank is also providing competitive tools to companies seeking to invest in and create jobs in the U.S market. The Partnership has been a proud and well-established supporter of Ex-Im Bank and looks forward to building on our work and welcoming Chair Lewis to Houston in the future. 

The delegation met with members of the U.S. Chamber of Commerce for an in-depth briefing on recent international trade developments and regional activities in Africa, Latin America, and Asia. The Chamber and the Partnership are long-standing partners committed to continuing our collaboration on key international topics, especially as they relate to trade and foreign investment. 

Later this month, the Partnership and the U.S. Chamber will co-host the Advance with Africa initiative, which will bring together small and medium-sized businesses and the African business community in Houston for a robust discussion on the economic opportunities available in this dynamic region. 

As the World Bank Private Sector Liaison Office, the delegation also had an opportunity to meet with Lisa Castro, World Bank PSLO Coordinator, and Danica Starks, Advisor to the U.S. Executive Director and Head of the DOC Multilateral Development Bank Group, to discuss engagement opportunities for Houston companies and World Bank tender and procurement projects abroad. The World Bank, along with other federal agencies, offers public funding opportunities, advocacy, counseling, and other critical services to companies interested in taking advantage of those projects. The group also had a chance to meet Adriana Kugler, Executive Director for the United States at the World Bank Group, and former University of Houston professor. 

The delegation ended the day with a visit to the U.S Trade and Development Agency’s headquarters to re-engage with the agency on work focused on the energy transition, infrastructure development, healthcare, and other critical technologies. The USTDA offers project support through feasibility study funding and other important services that are essential to companies looking for investment opportunities around the world. The Partnership has been a Making Global Local partner since 2012 and was the first EDO to join the initiative. Over the years, the Partnership has worked with USTDA on reverse trade missions, export workshops, and promoting trade opportunities for Houston companies. We look forward to continuing this work in 2023 and beyond.

The delegation met with International Trade Administration’s Advocacy Center representatives on Wednesday, where we discussed how the Center primarily promotes exports to maintain and generate U.S. jobs. The Center helps to provide Houston companies with the resources necessary to enter new foreign markets. The organization develops support by coordinating U.S. government agencies’ strategic efforts to ensure U.S. companies win bids on foreign tenders against competing international firms. 

The Partnership team also had the opportunity to meet with Arun Venkataraman, Assistant Secretary of Commerce for Global Markets, and Jasjit Singh, Executive Director of the U.S. Department of Commerce’s SelectUSA program, who lead the government's twofold mission to help small- and mid-size enterprises by attracting foreign business to the United States and demystifying exporting abroad. 

The delegation will attend this year's SelectUSA Investment Summit to join the government's efforts to boost the economy, generate employment opportunities, and increase American competitiveness. Notably, the Partnership team will make the case to international corporations that Houston remains the best place to conduct business. 

These meetings pave the way for future progress in attracting foreign direct investment in Houston, as well as enabling local businesses to prosper through efforts abroad. The Partnership looks forward to more opportunities to build Houston’s status as a global trade hub.

Learn more about international business in Houston

Josefina Echeverria also contributed to this report. 

Related News

Economic Development

Greater Houston Partnership Receives 2024 Excellence in Economic Development Award

8/28/24
The Greater Houston Partnership received a 2024 Excellence in Economic Development Bronze Award from the International Economic Development Council (IEDC). The award was bestowed specifically for the Partnership’s work in the regional or cross-border partnership for regions with 500,000 or more residents.  The strategy formed in partnership with regional allies, as elaborated in the regional playbook, aims to enhance regional economic development in greater Houston by fostering collaboration and coordination among stakeholders. This involved creating a framework for the Houston Regional Economic Development Alliance (HREDA) to maximize engagement and support.  Formed in 2006, HREDA is comprised of economic development organizations and municipalities interested in creating jobs and investment to maintain a positive business environment. HREDA meets monthly at Partnership Tower, and often at other locations around the region. Hosted monthly at Partnership Tower and other regional sites, HREDA meetings include members from 98 economic development organizations, representing over 160 full-time economic development professionals.  The project's uniqueness and innovation reside in member involvement at every stage, ensuring ownership of the final playbook. It addressed previous collaboration deficits noted in studies, aiming to leverage regional resources for economic growth. The scale of marketing the region is no small feat. Covering 8,838 square miles, the 12-county Greater Houston region, with its centerpiece, the 10-county Houston-Pasadena-The Woodlands MSA, surpasses an area the size of New Jersey,  Despite this vast expanse, the region's stakeholders have rallied together as allies, streamlining processes to attract prospective companies. This collective effort reflects a shared commitment to securing victories for the region's economic growth. “I am proud to be a part of an organization, such as HREDA, that exemplifies how regionalism and collaboration can drive economic success and set high standards for regional development,” HREDA Chair and Chief Economic Development Officer at Partnership Lake Houston Stephanie Wiggins said. “By uniting various stakeholders under a common goal, HREDA leverages the strengths of the Houston region to create a prosperous and sustainable economic environment." Every year IEDC looks specifically for economic development organizations, government entities, initiatives, and programs that have demonstrated consistent, exemplary performance in the economic development profession, leading the execution of projects that have a significant impact on revitalizing communities, and playing a major role in shaping and improving the practice of economic development. “This group understands what it means to succeed together," Greater Houston Partnership President and CEO Steve Kean said. “When we work together as one to combine the expertise, assets and capabilities of our regional partners, the Houston region is unmatched in potential. Through this mindset of regionalism, we can create a more prosperous and inclusive future for all of our citizens.” Learn more about the 12-county region the Partnership represents.  
Read More
Economic Development

Chevron Relocates Headquarters to Houston

8/2/24
Chevron Corporation has announced plans to relocate its corporate headquarters to Houston from San Ramon, California.  The announcement follows the energy giant's recent efforts to consolidate its operations in Houston, which began in 2022, with the sale of its 92-acre headquarters in San Ramon.  This strategic move aims to enhance collaboration among senior leaders, executives and business partners, according to Chevron’s press release. Chevron currently employs 7,000 people in the Houston area and 2,000 in San Ramon. While the relocation will initially have minimal impact on San Ramon employees, all corporate functions are expected to migrate to Houston over the next five years. Positions supporting Chevron’s operations in California will remain in San Ramon. According to the company, this move aligns with its ongoing efforts to streamline its operations and improve performance. By consolidating its headquarters in Houston, Chevron can leverage the city's robust energy infrastructure and diverse talent pool to advance energy affordability, reliability and security globally. “This is just the final step that many industry observers were waiting to happen,” Ken Medlock, Senior Director of the Baker Institute’s Center for Energy Studies, explained in a recent release. “To start, Houston provides a world-class location for internationally focused energy companies, which is why there is such a massive international presence here. Texas is also the nation’s largest energy producer across multiple energy sources and is poised to lead in emerging opportunities such as hydrogen and carbon capture, so Houston is a great place for domestically focused activities as well. To top it off, Texas rates very favorably for business in general.” Chevron will become the 24th Fortune 500 company to establish its headquarters in Houston, joining the city's growing hub of major corporations. Among these is ExxonMobil, which announced its corporate headquarters relocation to Spring in 2022. “Chevron’s decision to relocate its headquarters underscores the compelling advantages that position Houston as the prime destination for leading energy companies today and for the future," said Partnership President and CEO Steve Kean. "With deep roots in our region, Chevron is a key player in establishing Houston as a global energy leader. This move will further enhance those efforts." Learn more about corporate headquarters in the Houston region.   
Read More

Related Events

Economic Development

State of the Port

The Port of Houston is renowned as a strategic gateway to the world and plays a vital role in facilitating international trade and driving economic growth. As the nation’s largest port in foreign tonnage, Port…

Learn More
Learn More
Executive Partners