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Office of Foreign Trade
Maintaining the county’s official diplomatic relationship with 180 nations
in an effort to increase trade, investment, and build lasting international
partnerships that help the private sector create jobs and investment in
the County of Riverside.
RIVERSIDE COUNTY COLLEGE OF
FOREIGN TRADE
eRiversideCountyOfficeof ForeignTrade, inpartnership
with the Small Business Administration and the California
Centers for International Trade Development, presented
a series of discussions on how to successfully export to
China, Brazil, Canada, and Mexico. Experienced
presenters gave an overview of the current state of each
market with emphasis on economic, political, and
cultural conditions, followed by personal testimony
fromcompany executives with a long history of exporting
to those markets. Over 160 manufacturers, service
providers, and economic development professionals
attended the two-day seminar.
IMMIGRANT INVESTOR EB-5 REGIONAL
CENTERS
anks to the investments made possible by the “EB-5”
Program, Riverside County now has 11 projects that
when completed will represent an excess of $238million
in foreign direct investment and will create a minimum
of 3,015 jobs county-wide. Among these various projects
are a shopping center in Jurupa, two assisted living facil-
ities in Murrieta and Moreno Valley, and several hotels
located in Riverside, Indio, and PalmSprings. In addition,
there as many as 16 projects that have been introduced
in Riverside County this past year.
PARTNERSHIP AGREEMENTS
e Office of Foreign Trade established a formal part-
nership with the U.S. Trade and Development Agency
that will help develop ties with emerging nations.
e Riverside County Office of Foreign Trade, as a part
of the Governor’s Office of Business and Economic
Development’s regional collaborative which includes
LA County, Ventura County, San Bernardino County,
and Orange County entered intoe California–China
MOU, a trade collaboration intending to strengthen ties
between the Chinese business community and the five
Southern California Counties. e Office of Foreign
Trade also partnered with Export-Import Bank of the
United States which offers business assistance in securing
financing for exports through the bank.
INTERNATIONAL/SOUTHERN CALIFORNIA
PROCUREMENT SUMMIT
is year, the Riverside County Office of Foreign Trade
successfully hosted the International/SouthernCalifornia
Procurement Summit. e event gave key buyers and
businesses from Southern California: an opportunity to
meet and match business products or services. e
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BY TH E N UM B E R S
>
$238 million
Foreign direct investment into
Riverside County
3,015
Jobs created from this investment
International SoCal Procurement Summit