The Tijuana Economic and Industrial Development Association (Deitac) reported that real estate developers will invest US$635 million in the purchase of land and construction of industrial buildings to house companies captured by nearshoring to the industrial capital of Baja California.

"Tijuana remains open to receiving more companies, since it has specialized talent for the construction and service of industries dedicated to electronic manufacturing, medical devices, aerospace, automotive, and logistics," said María Cristina Hermosillo Ramos, president of Deitac.

Consult here: Tijuana focuses industrial growth efforts in attracting advanced manufacturing

Most of the companies attracted by nearshoring with an interest in settling in Tijuana are from the United States, Asia and European countries such as Finland and Germany.

The popularity of nearshoring has taken a hit in the past year and it is well known that this trend emerged as a result of the US-China trade war, disruptions in global supply chains due to the Covid-19 pandemic and also due to the war that began at the beginning of the year between Russia and Ukraine.

Companies in North America, Asia and Europe see nearshoring as a facilitator, since it allows them to transfer production processes located in distant destinations to reduce machining costs in their place of origin or in a nearby place.

Of interest: Industrial demand forces industrial developers in Tijuana to almost triple construction

The industrial warehouses, which will be built by 17 real estate developers, will have 500,000 square meters of total leasable area for industrial spaces by the end of 2023, while the construction of industrial spaces in the border area places Tijuana as a key and privileged place . nearshoring center, said the businesswoman.

An investment figure of US$635 million is estimated only in land and construction. This would generate between 15 and 20 thousand direct and indirect jobs, according to Deitac.

In Solili you can consult industrial warehouses available in Tecate and Mexicali

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