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Building a Port on A Foundation of Service. By Alec G. Dreyer Chief Executive Officer Port of Houston Authority. Port of Houston Overview. Opened in 1914 Aligned along 52-mile Houston Ship Channel 150+ public and private facilities Home to second-largest petrochemical
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Building a Port onA Foundation of Service By Alec G. Dreyer Chief Executive Officer Port of Houston Authority
Port of Houston Overview • Opened in 1914 • Aligned along 52-mile Houston Ship Channel • 150+ public and private facilities • Home to second-largest petrochemical • complex in world
Port of Houston Overview • 1st in U.S. for waterborne foreign tonnage • Second in U.S. total tonnage • Average 7,700 ship calls per year • 150,000+ barge transits per year • 225 million tons of cargo
Economic Impact • Statewide • 785,000 jobs • $118 billion economic activity • $3.7 billion state and local taxes • National • 1.5 million jobs • $285 billion economic impact • $16 billion in federal taxes
Turning Basin Renovation • Targeting Docks No.s 24 & 25 • Demolition of two 48-year-old transit sheds • Will free up 220,000 sq. ft. • Fully lit yard exceeding OSHA standards • Two portable buildings for dockside offices • $1.16 million construction project • Set for December 31 completion date
Pressing needs forrenovation, expansion • Houston’s population to double within 20 years • Existing infrastructure 32-60 years old • Panama Canal expansion
Responsible Growth • Big growth requires big investments • No funding requests to be made without thorough analysis