LONG BEACH, Calif., May 09, 2024–(BUSINESS WIRE)–Long Beach Economic Partnership (LBEP) has officially relaunched the World Trade Center Long Beach (WTCLB). The announcement was made by Long Beach Mayor Rex Richardson during his remarks at the World Trade Week Breakfast on May 1 at the Westin Long Beach.
Mayor Richardson expressed his confidence, stating, “The World Trade Center Long Beach is poised to be one of the strongest and most articulate Trade and Investment promotion agencies and serve as a beacon for economic prosperity in the region, driving growth and opportunity for our community.”
The announcement marks the fruition of LBEP’s historic MOU (Memorandum of Understanding) with the Port of Long Beach to relaunch WTCLB, marking a significant milestone for the City of Long Beach and setting a course for enhanced economic prosperity and global engagement. The relaunch plays a pivotal role in driving regional trade and investment by expanding international market access for Long Beach companies, attracting foreign investment into high-growth industries, and establishing crucial connections to global markets.
“At the Port of Long Beach, we welcome this relaunch as we collaborate with the City and the Long Beach Economic Partnership to bring more economic opportunities to Long Beach,” said Port of Long Beach CEO Mario Cordero. “The World Trade Center Long Beach will play a major role in the effort to boost Long Beach’s ability to attract international trade and investment.”
The WTCLB represents a collaborative effort between Long Beach Economic Partnership, the City of Long Beach, the Port of Long Beach, Long Beach Airport, and other local and global strategic partners. Together, these organizations are dedicated to convening the private sector, government representatives, academia, and philanthropy to facilitate connections, communication, and support for local and foreign partners.
“The Long Beach Economic Partnership is dedicated to growing the local economy and local jobs,” notes LBEP President / CEO Leah Goold-Haws. “The Port of Long Beach is a major contributor to both, not just locally, but regionally and nationally. Now is the right time to launch this effort and capitalize on the importance of our port complex, the innovation of our city, and the business growth that comes from expanding imports and exports. LBEP is dedicated to utilizing the recognition that comes from a World Trade Center to increase opportunities for the city, including building international relationships, growing foreign direct investment, and building a resilient economy. The World Trade Center Long Beach is actively recruiting its membership and advisory council and is currently partnered with the Long Beach Port and the Long Beach Airport.”
Renowned for its vibrant culture, strategic location, and diverse economic landscape, Long Beach is poised to capitalize on its strengths in trade, goods movement, and innovation. Long Beach was recently named LA County’s most business-friendly city by the Los Angeles County Economic Development Corporation (LAEDC) and ranked California’s #1 city for foreign businesses by the Financial Times – Nikkei ranking, making it the fastest-rising city in the United States.
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Photo credit: City of Long Beach Communications
About Long Beach Economic Partnership (LBEP)
LBEP is a non-profit, action-oriented organization that works to grow the economy of Long Beach and expand citywide economic opportunities with a global vision. This is achieved through locally focused partnerships, newsworthy events, and other actions that will deliver on their vision for dependable growth. LBEP works directly with companies to understand their needs and assist them in their success, providing business services ranging from site selection to incentive programs, industry-focused initiatives, and talent pipeline development.
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