Ensenada looks to attract big tech with US $300M in public works investment 

The metropolis of Ensenada successful Baja California plans to put conscionable implicit US $300 cardinal (5.74 cardinal pesos) successful nationalist works to boost nearshoring activities, the president of the Ensenada Business Coordinating Council, Julio Alberto Salinas López, said.

Ensenada, located astir an hr southbound of the borderline with the United States, is preparing for astatine slightest 10 caller high-technology multinationals to participate the section marketplace wrong the adjacent 3 years, according to Salinas.

Projects see the enlargement of the El Sauzal seaport and the operation of an planetary cargo airport. Infrastructure works volition see dredging and the enlargement of breakwaters to accommodate deeper-draft vessels, aimed astatine enhancing the region’s commercialized routes. 

Earlier this year, the concern radical Mexican Construction Companies successful Ensenada (Comice) announced the 1,000-hectare “Ciudad Jatay” project, which volition diagnostic an concern park, a exertion park, lodging and services to beryllium developed successful 5 to 10 years.

“The extremity is to crook Ensenada into a hub for economical development, arsenic we person privileged conditions — 2 ports, a caller airport, binational connectivity, concern zones and cleanable energy,” Salinas said during an interrogation with the paper Milenio published connected Monday. “All of this is aligned with a strategy we designed implicit 3 years ago.”

The metropolis is focusing connected attracting superior successful 3 precedence sectors — electronics, biotechnology and greenish energy. Salinas expects Baja California’s beardown infrastructure, cleanable energy, qualified endowment and proximity to the United States to pull investors.

The authorities authorities is presently moving with the Economy Ministry to summation nationwide designation arsenic a hub of innovation, according to Salinas. 

Obstacles to overcome

According to Salinas, reducing bureaucracy could assistance boost concern successful the region.  

“Five years ago, it took up to 18 months to acceptable up a business; however, today, with enactment from the section authorities and moving groups, we’ve managed to trim that to fractional a year,” said Salinas. “But there’s inactive enactment to beryllium done… we had 130 authorities procedures, and we’ve already reduced that to 70, [now] we request to incorporated artificial intelligence, one-stop shops and online systems.”

 He besides cited Ensenada’s occupation of endowment drain.

“Around 15% of graduates spell to different parts of the state oregon abroad, arsenic astir are recruited by the authorities of California,” said Salinas. “That’s wherefore we request companies that connection amended salaries and prime of life.” 

The economical payment of the works is expected to transcend 12 cardinal pesos (US $636 million) implicit the adjacent decade, according to Salinas. 

With reports from Milenio and La Jornada