Given the upward trend in demand for industrial spaces for 2023 and 2024, the city of Tijuana expects to attract 635 million dollars of total investment, reported Tijuana Economic and Industrial Development (Deitac) and real estate developers.

According to Cristina Hermosillo, president of Deitac, thanks to the investment potential of the 17 industrial developers -which represent 90% of the total in the city-, between 15,000 and 20,000 new jobs are estimated for the current year. .

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“In Tijuana we are ready to receive companies that require spaces. We are the home of developers in the city”, he stated. Elizabeth Zamora, representative of the industrial developer Finsa, exposed the absorption history from 2018, of 3.01 million square feet, to 2022, of 4.43 million.

According to the developers, during the years 2023 and 2024, Tijuana will have the availability of 26.35 million square feet of total land area and 5.40 million of total rentable area; however, investment intentions could continue to grow exponentially.

The sectors with the greatest presence in the city are automotive, logistics, electronics, medical devices and aerospace, mainly concentrating Asian and American companies. 

According to Jonathan Pomerantz, commercial and investment director of Meor, the IP contemplates, in the aforementioned period, an investment of 47 million dollars in electrical infrastructure that will supply the new capitals of the city.

He commented that it seeks to reinforce the infrastructure of the Federal Electricity Commission (CFE) by wiring to the parks where private substations will be installed to supply electricity where it is required.

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The executive explained that one of the main challenges in the country is inflation, since, for example, the construction industry has been one of the most affected with increases in materials of over 40% in the last two years, affecting to the supply chain.

While the second challenge is the infrastructure in energy, water, paving. The growth of Tijuana is going towards the municipalities of Tecate and Rosarito, where Meor and Finsa participate in the detonation of a new zone called "southeast".

Meor's main bet is Tijuana, since from 2020 to the present, investments in the city amount to 60 million dollars.

In Solili you can consult industrial warehouses available in Monterrey and Saltillo

Original note