Mayor’s Business office Push Release
City of Houston, Increased Houston Partnership Direct Mission to France to Develop Enterprise and Cultural Ties
June 27, 2022 — The Town 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 target on selling Houston as a chief in innovation, strength transition, and schooling although enhancing essential government and enterprise associations amongst the Houston region and Paris.
Specific business enterprise sectors consist of electrical power and innovation with ties in Houston and France. The delegation has many scheduled meetings with significant-degree federal government officers and representatives.
The Houston-Galveston Customs District is the fourth busiest gateway for U.S.-French trade, and France is Houston’s sixth-major European buying and selling companion. From 2012 to 2021, trade amongst Houston and France averaged $4.2 billion each year and was valued at $5.5 billion in ’21.
“Our priority is to make a extra sturdy trade connection concerning Houston and France, and this journey is an necessary mission to enrich Houston’s ties with France and examine new enterprise possibilities that will enhance our local financial system with positions and investments,” Mayor Sylvester Turner mentioned. “As a city of innovation, we value France – based businesses with proven operations in our city and welcome other folks to discover the alternatives for financial commitment, business advancement and tourism accessible in Houston. Our delegation will extend on Houston’s global metropolis position that can make Houston robust and unique.”
Vice Mayor Pro-Tem Martha Castex Tatum, who chairs the Town Council Financial Growth Committee, will cope with organization meetings and cultural situations scheduled during the weeklong mission.
“I am thrilled about the option to depict Houston in Paris officially. The mission will put Houston in the global highlight, capturing our city’s position as a leader in innovation, aerospace, power changeover, and instruction. When we placement ourselves to construct international company ties, the whole city can potentially profit by means of work and growth in our economic climate,” said Vice Mayor Pro-Tem Castex Tatum.
On Monday, the delegation joined Valerie Baraban, the Consul Standard of France in Houston, on a tour of the Musée d’Orsay. The museum’s leadership visited Houston in 2019 to build neighborhood associations. The delegation also attended a Bilateral Small business Trade and Expense Discussion board with the Paris Chamber of Commerce. They spoke about Houston leading in startup ecosystems throughout the power and healthcare sectors. The to start with day of the trade mission will close with a meeting with the Deputy Chief of Mission at the U.S. Embassy to discuss electricity, technologies and trade involving Houston and Paris.
Houston’s Small business Ties
- 20-five Houston firms run 46 subsidiary places in France, including Baker Hughes, Hines, Huntsman, NOV, and Schlumberger.
- Sixty-a few French companies operate 112 subsidiaries in the Houston location, such as Air Liquide, Arkema, EDF Investing North The us, Engie North The us, and Whole Petrochemicals & Refining.
- Trade and cultural associations with France are facilitated in Houston as a result of the Consulate Normal of France, the French American Chamber of Commerce, the French Trade Commission (UBIFRANCE), the French Alliance, and the Texan French Alliance for the Arts.
- Three of Houston’s 16 international-owned financial institutions are from France: Credit score Agricole Corporate and Investment decision Bank, Natixis, and Société Générale.
- Pleasant, France, was selected as one particular of Houston’s 19 global sister metropolitan areas in 1973,
- Additional than 3,100 folks living in metro Houston have been born in France.
“As Houston will work to direct the worldwide transition to an strength-ample, low-carbon upcoming, the trade of strategies and info with impressive towns close to the earth is crucial,” reported Susan Davenport, Main Economic Progress Officer at the Better Houston Partnership. “We are fired up to guide a company delegation alongside Mayor Turner that will get the option to see initial-hand what is happening in vitality and innovation with corporations in Paris. As the foremost export industry in the U.S. and a key hub for international direct expenditure, worldwide organization is a substantial and increasing portion of our overall economy, and we appear ahead to effective conferences that we hope will spur further more financial commitment and trade exercise for our location.”
The delegation also has scheduled a tour of Interstellar Labs, a take a look at to Station F, the world’s most significant startup campus, a meeting with Complete Energies, and will attend the opening of Rice University’s first global campus, the Rice College Paris Centre, with Rice President David Leebron and Provost Reginald DesRoches, who will become Rice’s president in July.
The delegation involves Metropolis Council Member Karla Cisneros, Pierre Bang, President and CEO, Total Energies, Jean-Loup Chrétien, retired astronaut and Tietronix Vice President of Study and Progress, Alex Condon, CEO, Galen Details and Scott Gale of Halliburton, among other people.