Asia-Pacific OZ Business Park Staking Ceremony

By Gloria Way

  Over a dozen Chinese investors gathered for the “staking” ceremony at the location of the proposed Asia-Pacific OZ Business Park. The developers of the business park staked off an area of land where the project will be built. The proposed site is approximately 500

acres located on FM 1410 and right off I-10. The site is about 55 miles from both Port of Houston and downtown Houston. This site is situated right off I-10 with direct access to Port of Los Angeles to the west and direct access to Mobile, Alabama and Jacksonville to the east as secondary ports, and connects California, Texas, and Florida. This makes the site the most ideal and centrally located spot in the US. This site is also a Qualified Opportunity Zone (QOZ), Rural EB-5 (Qualified for Investment Green Card Program), and Qualified Opportunity Zone Fund (QOF).

  This project is designed into multiple phases. Asia-Pacific Business Center Inc will be the development company responsible for the development and management of the project. It will be registered as a Texas S-Corp company and establish its headquarters in the business park. ASC OZ Fund LLC will be registered as an Opportunity zone private-equity company to raise equity capital from accredited investors and institutions to assist the tenant companies in the forms of equity investment, short-term financings, and going public onto OTC Markets, Nasdaq Capital Market and NYSE. American Innovation Group Inc will be a wholly owned subsidiary of APBC and registered as the very first QOZ Business Park.

  AIGI will play the role of project incubator of many qualified overseas projects and create Rural EB-5 opportunities. The very first project will be the production of modular and pod homes.

  Companies who have expressed interest in moving in the business park are solar panel manufacturers, houseboat manufacturers, RV manufacturers/ADU, and e-Commerce Logistic Operators. The developers are also planning a 200 to 500 single family home subdivision.

  The final plans have not yet been approved by Chambers County Commissioners Court. It will take a couple of months of review by drainage experts and engineers before it is presented to Court to vote for approval.