Global Trade Magazine Ranks Corpus Christi Among "Top Cities for Global Trade"

CORPUS CHRISTI, Texas., Oct. 14, 2016 /PRNewswire-iReach/ -- Global Trade magazine has ranked Corpus Christi as a top city for best infrastructure in the magazine's 5th annual America's Top Cities for Global Trade feature in their October/November issue. The magazine's annual ranking pulls together the 105 best U.S. cities for global trade based on numerous categories including Best Infrastructure, Most Innovative, Site Selection Assistance, Best Workforce, and Export Assistance.

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"The Corpus Christi Regional Economic Development Corporation is pleased that the city is being recognized by Global Trade as a top contender in the U.S. for attracting international investments," said Iain Vasey, President and CEO of CCREDC. "This recognition acknowledges the efforts of the CCREDC, the Port, and various economic development stakeholders in promoting the region as a premier location for domestic and global companies to locate and expand their operations."

Global Trade also recognized Port Corpus Christi in their "Why We Love These 50 Ports" feature. As the eighth busiest port in terms of cargo volume and the first to export crude oil from the United States in 40 years, Port Corpus Christi has emerged as a key factor for the city's infrastructure.

"The Port of Corpus Christi has invested heavily in new infrastructure to improve its competitiveness and build its global market share,' said John LaRue, Executive Director of the Port of Corpus Christi. "We continue to see interest and investment from multi-national companies seeking deep water access, proximity to the Texas oil and gas markets, as well as easy access to the Gulf of Mexico."

New updates planned for the Port will only give companies greater access, such as a nearly $1 billion project to replace the Corpus Christi Harbor Bridge with one that has a clearance of 205 feet. In addition, the U.S. Army Corps of Engineers will be widening the port's channel to 530 feet and deepening it to 52 feet, giving post-Panamax class tankers access to the Port's docks.

"With a very competitive business climate and extensive infrastructure network, Corpus Christi provides companies an unmatched logistics infrastructure with direct access to both the U.S. and Latin American market," said Vasey. "In addition, the Corpus Christi MSA is seeing new industrial investments that are expected to secure several billion over the coming years and create more than 1,000 new jobs as new facilities come online."

About the CCREDC

The Corpus Christi Regional Economic Development Corporation is a non-profit organization responsible for creating, managing and supervising programs and activities that promote, assist, and enhance economic development within the city of Corpus Christi. The CCREDC's partners include the City of Corpus Christi, Port of Corpus Christi Authority, San Patricio and Nueces Counties, the City of Portland, and over 180 private-sector members. The CCREDC is governed by a 25-member Board of Directors whose members are appointed by the city, port, other government agencies and private investors. For more information, visit www.ccredc.com.

Media Contact: Lacey Beattie, Conway PR & Marketing, 3049422453, lacey@conway.com

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SOURCE CCREDC



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