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2013 Where Business Is The Point World’s 25th largest economy (if Houston were an independent nation) Houston has 2nd fastest growing economy in U.S. The Houston Economy $449.4 billion GDP 63 of world’s largest non-U.S. companies have Houston presence Headquarters of 23 Fortune 500 companies International Resources Houston Region 94 foreign consulates 790 foreign-owned firms 30 active foreign chambers of commerce 18 foreign government trade representatives 22 foreign banks from 12 nations 400 Houston-area companies with offices in 129 countries 3,300 area organizations involved in foreign business Central U.S. Location Strategically Positioned for Market Access Access to 5 major freeways Connect with 60 million people in U.S. and Mexico within 11-hour drive time Airport Bush Intercontinental Airport – 10 km east Serving 31 countries 180 non-stop destinations, including 6 Asian cities Most non-stops to Mexico All Latin America capitals in 3 to 8 hours Largest Federal Inspection Service facility in U.S. Greenspoint’s Economic Anchor Air Cargo Connections 12 scheduled cargo airlines 13 charter air cargo airlines Used by over 900 freight forwarders 413,222,615 kg of freight in 2011 One-stop shop for federal inspection services Parking for 20 wide-body freighter aircraft 2012 Air Cargo Excellence Award winner Seaport Port of Houston 35 km – All Freeway 207 million tonnes of cargo #1 US port by foreign tonnage #13 largest in world by tonnage Foreign Trade Zone Improvements (2014 completion) Deepening to 14m Widening to 122m New Construction Mazak opens 2,787 m2 regional headquarters and technology center Moran Shipping opens new Houston offices Cost of Occupancy Rank Market Occ. Cost/m2 US$ Greenspoint occupancy cost: 1 Central Hong Kong 2,651 $306/m2 2 London Central (West End) 2,366 3 Tokyo (Marunouchi Otemachi) 2,124 4 Beijing (CBD) 1,991 5 New Delhi (Connaught Place CBD) 1,973 Lowest in US among comparable districts 16 New York (Midtown Manhattan) 1,230 22 Washington DC (Downtown) 1,017 26 San Francisco (Downtown) 969 28 Boston (Downtown) 942 67 Houston (Downtown) 558 Near international airport Class A office space Skilled Workforce Workforce training programs customdesigned by local community colleges 15 universities focused on training engineers In 2012: 43,000 undergraduate engineering students 2,300 graduate engineering students 10,000 graduate and post-graduate degrees awarded in engineering Universities within 800 km of Houston offering degreed programs in engineering Lone Star College Largest higher education institution in Houston region 2 campuses Corporate Collegeprovides customized education and training Students have the option to continue on to a 4-year degree International Resources Greenspoint District Helps Streamline Business Entry Site Location Assistance Government Assistance Site visits Incentive opportunities Economic Impact Study EB-5 Visa process guidance Find A Property web page Available sites Demographics Labor force data Wages Housing Surrounding businesses Planning & construction documents Permitting issues Security issues Transportation & mobility issues Legislative advocacy International Resources Greenspoint International Business Advisory Council Assist foreign businesses with U.S. expansions Council members are: Immigration attorneys Bankers Investors Foreign nationals with successful U.S. businesses Share expertise Facilitate introductions Commitment to Aberdeen We continue to build relationships with business and government leaders on both sides of the pond For Accurate Information (In 8 Languages) Register today at www.greenspoint.org to receive the latest Greenspoint news! Where Business Is The Point! www.greenspoint.org