New Construction coming: Hawaii’s Foreign Trade Zone

      Mr. David Sikkink outlines the history and purpose of the foreign trade zones in the United States, describes the customs duty and tax advantages for a business and then talks about the setup option of remote, and even individual, Foreign Trade Zone sites to accommodate the needs of a particular business. Mr. Sikkink then describes the coming August 2013 construction of new offices and a new executive education facility on the Mauka end of the Foreign Trade Zone near Ala Moana boulevard right across from Restaurant Row. Mr. Sikkink explains that this new construction as an integral part of the new, “one-stop shop” concept for international business which the Foreign Trade Zone now has underway with exporting companies, customs brokers, shippers, and all kinds of educational training for both goods and services exporting firms–all under that one, big roof across from Restaurant Row.

 

 

 

 

 

      The conversation turns to a linkage of this new educational facility with the downtown business community using the pedestrian bridge that HPU will be constructing to allow foot traffic to cross over top of Nimitz, linking Fort Street Mall, the Bishop Street business community and the new HPU facilities at Aloha Tower–with the new education facility at the Foreign Trade Zone, a short distance away. The discussion turns to the revitalization of the entire Pier 2 area with cruise ship traffic being shifted from Aloha Tower over to Pier 2 and the coming development of commercial venders to service the incoming cruise ship tourists in the Pier 2 area (on the makai end of Channel street).

 

David Sikkink Acting Adminstrator Hawaii's Foreign Trade Zone No. 9

David Sikkink
Acting Adminstrator
Hawaii’s Foreign Trade Zone No. 9

 

     Finally, the show conversation shifts to FTZ’s giant roof and the phase 2 construction plan to develop a substantial photo-voltaic system on the FTZ roof to lower its operating budget as well as serve as a giant marquee for the State’s renewable energy expertise and programs.

     This television show, hosted by David Day, features M. David Sikkink as its special guest. Mr. Sikkink is the Acting Administrator for Hawaii’s Foreign Trade Zone No. 9.

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