23 Feb 2019

World Free Trade Plaza plans move forward

The owner of the former Mercy Hospital, Chendo Carranco, and Chinese investor Long Gao are now officially in business, as the two signed a binding development contract in a brief ceremony at the Laredo Country Club Saturday, February 23.

The idea for the former hospital property is to create a World Free Trade Plaza, where items from all over the world are sold wholesale.  Among the Chinese delegation present at the ceremony was Liu Hongmei, Viceconsul General at the Consulate General of the People’s Republic of China in Houston, Mayor Pete Saenz, Council Member Mercurio Martinez, III and Laredo EDC President & CEO, Olivia Varela.