Major Corpus Christi Industrial Projects
According to the Corpus Christi Regional Economic Development Corporation, those more
than 100 industrial projects are slated to bring a total of over $30 billion in capital investment
to the area. When completed, those manufacturing facilities will together create 1,500 to 1,700
permanent, highly paid jobs.
According to a recent study by Lee (2014), the large number of capital projects within the
Corpus Christi Port District will require a total of about 1,300 construction and craft workers per
year on average through the end of 2017. Between 2014 and 2018, those industrial projects alone
are expected to add a cumulative total of over 3,500 jobs to the Coastal Bend, or 1.4 percent of
the regional workforce.
As Lee (2015) pointed out, much of the job growth in the Coastal Bend during 2014 occurred
in the construction sector as the regional impact of the Eagle Ford Shale peaked out. Moreover,
the regional economic impact of ongoing construction activity is sufficient to offset most of the
adverse effects associated with currently low oil prices.
. . .much
of the job
growth in
the Coastal
Bend
during 2014
occurred
in the
construction
sector as
the regional
impact of
the Eagle
Ford Shale
peaked out.
Annual Review of South Texas Economy
PARADIGM SHIFT
Source: Port of Corpus Christi Authority.
37