http://www.engineeringnews.co.za
  SEARCH
Login
R/€ = 13.93Change: 0.00
R/$ = 12.67Change: -0.01
Au 1095.49 $/ozChange: 0.31
Pt 984.00 $/ozChange: 2.00
 
 
Note: Search is limited to the most recent 250 articles. Set date range to access earlier articles.
Where? With... When?








Start
 
End
 
 
And must exclude these words...
Close Main Search
Close Main Login
My Profile News Alerts Newsletters Logout Close Main Profile
 
Agriculture   Automotive   Chemicals   Competition Policy   Construction   Defence   Economy   Electricity   Energy   Environment   ICT   Metals   Mining   Science and Technology   Services   Trade   Transport & Logistics   Water  
What's On Press Office Tenders Suppliers Directory Research Jobs Announcements Letters Contact Us
 
 
 
RSS Feed
Article   Comments   Other News   Research   Magazine  
 
 
Feb 03, 2014

City of Houston looks to woo potential SA energy, trade partners

Back
City of Houston mayor Annise Parker
Photo: Bloomberg
City of Houston mayor Annise Parker
 
 
 
Houston|Johannesburg|AECOM|Africa|Aviation|Baker Hughes|Camac International|CenterPoint Energy|Chevron|Gas|Halliburton|Petrochemicals|Sasol|System|Training|Weatherford International|Africa|South Africa|United States|USD|Energy|Energy Capital|Energy Giants|Energy Sector|Namely Energy|Natural Gas Multinational|Oil|Oil And Gas|Petrochemicals|Petrochemicals Giant|Services|Annise Parker|Genaro Pe|Mario Diaz|Rodney Ellis|Texas
|Africa|Aviation|Gas|Petrochemicals|System|Training||Africa|||Energy|Oil And Gas|Petrochemicals|Services||
houston|johannesburg|aecom|africa-company|aviation|baker-hughes|camac-international|centerpoint-energy|chevron|gas|halliburton|petrochemicals-company|sasol|system|training|weatherford-international|africa|south-africa|united-states|usd|energy|energy-capital|energy-giants|energy-sector|namely-energy|natural-gas-multinational|oil|oil-and-gas|petrochemicals|petrochemicals-giant|services|annise-parker|genaro-pe|mario-diaz|rodney-ellis|texas
© Reuse this



In a bid to deepen the city’s trade relationship with South Africa, business, government and industry representatives from the self-titled “energy capital of the world”, the city of Houston, in the US, have embarked on a one-week trade mission to the country, led by Houston mayor Annise Parker.

Parker, who would lead a delegation on the sidelines of the fifth biennial C40 Mayors Summit, in Johannesburg, noted that there was “great” potential to strengthen the economic ties between the two parties, most specifically in the energy sector. 

Between February 1 and 8, the delegation, which included representatives from energy giants Aecom and CenterPoint Energy, and was sponsored by multinationals Chevron and Halliburton, would meet with high-level government officials and business decision-makers to further boost yearly trade between Houston and South Africa, which totalled $1.3-billion in 2012.

Representatives from Houston-area companies specialising in aviation, property and international trade and investments were also members of the delegation, which would this week host a “Doing Business with Houston” seminar for engagement with the South African private sector and investment community.

“With a strong emerging market like South Africa, it makes sense from both a business and cultural perspective to have strong ties to the area.  I look forward to working with South African leaders to ensure that our city and state are able to continue the solid partnership that has served both so well,” Texas state senator and mission delegate Rodney Ellis noted at a press briefing, in Johannesburg, on Monday.

Houston and South Africa had established cultural and economic ties, with over 370 Houston-based companies reporting business or trade ties with the country.

Of the 214 firms in the Houston region affiliated with subsidiaries in South Africa, 14 were headquartered in Houston, namely energy firm Camac International, oilfield services company Baker Hughes, oil and gas major National Oilwell Varco and oil and natural gas multinational Weatherford International. 

In addition, South African petrochemicals giant Sasol operated two subsidiary locations in Houston.

“Moreover, since 2000, total yearly trade between South Africa and Houston grew at a compound yearly growth rate of 8.9%,” added Ellis.

The Houston Customs District was ranked South Africa’s fifth-largest US gateway for international trade by value, while South Africa ranked as Houston’s thirty-ninth-largest international trade partner by value.

Houston’s exports to South Africa totalled $923.6-million in 2012, while Houston’s imports from South Africa rose 4.8% in the same year to $423.9-million.

In terms of seaborne trade, Houston ranked as South Africa’s fourth-largest US gateway for international seaborne trade, while total seaborne trade between Houston and South Africa totalled $1.2-billion in 2012.

Trade promotion organisation the Greater Houston Partnership International Investment & Trade VP Genaro Peña described Houston’s economy as “diverse and robust”, adding that it “matched up well” with the types of industries being pursued locally.

“We are excited about the growth prospects this trade mission presents us and South Africa. We believe that Houston presents a great opportunity for expanding South African firms looking to do business overseas,” he commented.

Houston Airport System director Mario Diaz added that, as Houston already boasted a strong record of training African aviation professionals from all three major airports in South Africa, the delegation would also pursue engagement with several aviation stakeholders.

"We are looking forward to starting a vigorous dialogue with officials from South African Airways and OR Tambo International Airport while we are in the Johannesburg area. We will also meet with members of the aerospace industry as we continue to pursue our spaceport licence at Ellington Airport, in Texas,” he pointed out.

According to the US Census Bureau, almost 2 200 Houston-area residents were born in South Africa, while almost 1 100 Houston residents had South African ancestry.

Edited by: Tracy Hancock
Creamer Media Deputy Editor Online
© Reuse this Comment Guidelines (150 word limit)
 
 
 
 
 
 
 
 
 
Latest News
Embattled South African steel producer ArcelorMittal South Africa (AMSA) has offered insight into the “fair pricing model” it has tabled before government in return for tariff protection and a government stipulation that locally manufactured steel be designated for...
Telecommunications group Telkom on Friday said it had posted a 1.7% uptick in net revenue for the three months to June 30, on the back of a strong performance by mobile on data revenue and higher fixed-line subscription revenue. Mobile net revenue for the first three...
Dangote Cement revised its 2015 spending plans to $1-billion from the $700-million estimated nine months ago after it commissioned two new African plants this June, Nigeria's biggest listed company said on Friday. The company, majority owned by billionaire Aliko...
More
 
 
Recent Research Reports
Real Economy Year Book 2015 (PDF Report)
There are very few beacons of hope on South Africa’s economic horizon. Economic growth is weak, unemployment is rising, electricity supply is insufficient to meet demand and/or spur growth, with poor prospects for many of the commodities mined and exported. However,...
Real Economy Insight: Automotive 2015 (PDF Report)
Creamer Media’s Real Economy Year Book comprises separate reports under the banner Real Economy Insight and investigates key developments in the automotive, construction, electricity, road and rail, steel, water, gold, iron-ore and platinum sectors.
Real Economy Insight: Water 2015 (PDF Report)
Creamer Media’s Real Economy Year Book has been divided into individual reports under the banner Real Economy Insight and investigates key developments in the automotive, construction, electricity, road and rail, steel, water, coal, gold, iron-ore and platinum sectors.
Real Economy Insight: Construction 2015 (PDF Report)
Creamer Media’s Real Economy Year Book has been divided into individual reports under the banner Real Economy Insight and investigates key developments in the automotive, construction, electricity, road and rail, steel, water, coal, gold, iron-ore and platinum sectors.
Real Economy Insight: Electricity 2015 (PDF Report)
Creamer Media’s Real Economy Year Book has been divided into individual reports under the banner Real Economy Insight and investigates key developments in the automotive, construction, electricity, road and rail, steel, water, coal, gold, iron-ore and platinum sectors.
Real Economy Insight: Road and Rail 2015 (PDF Report)
Creamer Media’s Real Economy Year Book has been divided into individual reports under the banner Real Economy Insight and investigates key developments in the automotive, construction, electricity, road and rail, steel, water, coal, gold, iron-ore and platinum sectors.
 
 
 
 
 
This Week's Magazine
Daimler truck test engineer Dirk Stranz pushes one button, and then retracts his hands from the steering wheel of the Mercedes-Benz Future Truck 2025. “And now the truck is driving itself.”
The statutory body responsible for skills development and support in the banking sector, BANKSETA, was investing R68-million in the capacity building project of the University of Venda (UniVen), announced Bankseta company secretary Caroline King at a media event in...
LIONEL MOYAL Cloud services providers must compete against other cloud services providers for business by providing up-to-date systems and services
Legacy information technology (IT) systems are becoming increasingly obsolete because of the maturity, efficiencies and cost effectiveness of cloud-based IT services, says information and communication technology major T-Systems subsidiary Intervate head Lionel...
ARMANDÉ KRUGER Balancing the collection and processing of data must be aligned to strategy
Many complementary services enable companies to derive broad value from data inside and outside them. The complexity of data management means that companies’ strategies determine the various data systems and functions they will use, says PBT Group regional sales...
The South African Civil Aviation Authority (SACAA) has announced that it had awarded the country’s first remotely piloted aircraft systems (RPAS) pilot’s licence. It was issued on Friday, July 10, to SACAA employee and qualified commercial pilot Nicole Swart,...
 
 
 
 
 
 
 
 
 
Alert Close
Embed Code Close
content
Research Reports Close
Research Reports are a product of the
Research Channel Africa. Reports can be bought individually or you can gain full access to all reports as part of a Research Channel Africa subscription.
Find Out More Buy Report
 
 
Close
Engineering News
Completely Re-Engineered
Experience it now. Click here
*website to launch in a few weeks
Subscribe Now for $96 Close
Subscribe Now for $96