To celebrate the New Orleans tricentennial anniversary and the Chinese New Year, we were honored to have the Hubei Peking Opera perform here in New Orleans at Harrah's Theatre last month. Sponsored by the Houston Chinese Consulate and the New Orleans Tricentennial Committee (and co-sponsored by the Asian Chamber of Louisiana, Harrah's Casino and Hotel and event chair Lucy Chun), it was a very successful event. The event was for the cultural exchange between China and the city of New Orleans, as well as to promote tourism and friendship between the two locales.
Over the years, the city started the Pilot Immigration Investigator Program and today we have the EBS Investment Program for investors with the goal of obtaining green cards; 85% of these investors are from China.
The most recent Chinese investment in our great state is Yuhuang Chemical, which is building a $1.8 billion chemical plant in St. James Parish (you can read more about this in our last blog post) - this has resulted in the creation of many direct and indirect jobs. Wanhua Chemical is also looking for a site to build a $1.12 billion chemical plant.
These are just a few examples of Chinese investments in Louisiana to help further create commerce and economic development. Over the next 50 years, I predict more and more Chinese investors coming to New Orleans to settle down with their families. I love the city of New Orleans and cannot wait to see what the rest of its tricentennial year brings us.
Lucy can be reached at lucychun88@gmail.com or at (504) 606-7788.
