Nearshoring and Economic Growth in Mazatlán

Mazatlán is currently experiencing a phase where nearshoring (relocating manufacturing from the country of origin to a nearby one) is growing, bringing significant benefits to the southern part of the state, especially to this city, which is seeing substantial real estate development.

The arrival of companies at the port, such as the Tetakawi group, marks a decisive moment, demonstrating their confidence to invest here, along with others in the state, like Sumitomo and Aptiv, with their automotive networks.

We can also mention the high-tech Aerospace Industrial Park, which began construction three years ago at kilometer 9 of the Mazatlán-Culiacán Highway, with an investment of $330 million and will comprise 80 companies3. It will be the first industrial park in the country with its own runway and the only one worldwide with LEED certification granted by the U.S. Green Building Council (USGBC) in Washington. Another one is the Mazatlán Logistics Center (MLC), an industrial park designed specifically for companies wanting to open operations at a key point in the Northern Economic Corridor (CEN). Another company is Elyon Logistics, which provides vehicle storage services, among others, located on the road to the International Airport.

The “Pearl of the Pacific” shows great industrial potential due to its geographical location and continuous economic development, making it an ideal destination for nearshoring in the CEN.

Moreover, it is emerging as one of the most interesting commercial options for national and international companies involved in the USMCA (United States-Mexico-Canada Agreement).

Mazatlán is an excellent site for the development of this business-industrial model that can transform the economy by creating jobs, foreign investment, infrastructure, and development.

But why does it offer more benefits to become an operations center?

We can reiterate that it has a privileged geographical location due to its proximity to the United States and Canada, making it a vital site for logistical and commercial procedures, in addition to having lower operating costs with a port considered world-class and a sustained economic increase promoted mainly by investments in tourism, which supports a firm and promising context for business.

However, we must be careful in the transformation of infrastructure that the city is undergoing to avoid falling into the anarchy caused by disorganized growth, which brings a series of irregularities such as traffic chaos, lack of potable water, outdated drainage, and a series of anomalies that investors would certainly not look favorably upon.

This is where chamber organizations like CMIC, Canaco, Coparmex, or Canacintra, to name a few, in coordination with authorities and civil society in general, generate actions for better development and order in the city.

Of course, we are talking about the essential principle of unity to achieve results that meet the needs of the community and, based on this, give more confidence to investors to continue seeing Mazatlán as the ideal and necessary place to do business.

Source: Debate