Edinburg to take advantage of nearshoring
By Editorial
June 30, 2023
Located
in the South Texas region, Edinburg
is learning from larger metropolises like Austin and San Antonio to boost its
economic development.
In a
recent interview with Mexico Industry, Raudel Garza, executive director of the Edinburg Economic Development Corporation,
shared the importance of regional cooperation and how this has allowed us to
show the capabilities of the area. The workforce extends beyond the city
limits, encompassing the entire region, with a population of 1.5 million people
in the Valley.
Garza noted that this talent base and ability
to market itself as a big city allow Edinburg to compete with more well-known
metropolises in attracting companies seeking a young and skilled workforce.
The
workforce has been a crucial factor in industrial development, and in this regard, Garza highlighted the core
skills and strengths of the people of Edinburg.
"With renowned educational institutions such as the University of Texas
Rio Grande Valley, South Texas College, and the Edinburg School District, the
city can educate and train people in various industries. From healthcare to
manufacturing, IT to international business management, Edinburg is empowering
people to gain knowledge in key areas that will enable them to meet future
challenges," Garza explained.
Nearshoring and the United
States-Mexico-Canada Agreement (USMCA) present significant opportunities
for Edinburg,
especially considering the city's location along the Mexican border and the
ever-developing infrastructure in the region. Garza stressed that as more land
is developed for industrial use, opportunities open up for investment in constructing
new buildings that house manufacturing and logistics companies.
The
reduction of the supply chain and the proximity of suppliers to manufacturers become strategic advantages. In
addition, investment is being made in transportation improvements and the
infrastructure needed to support the growth of new industries.
Looking
ahead, Garza shared the projects and initiatives that the Edinburg Economic Development Corporation
is undertaking to address the opportunities of Reshoring and USMCA. Currently,
"405 acres of land are available near the airport and the interstate,
and new businesses have been successfully attracted to the North Industrial
Park. The ongoing land extension transactions will represent more than 27,000
square meters of additional industrial space, attracting agricultural
companies, service providers, logistics companies, and metal manufacturers.
However, due to the pace of sales, it is necessary to develop new industrial
parks to meet the growing demand, "said the now responsible for the
economic development of the Texas city.
With
Raudel Garza's vision and leadership, Edinburg
is positioned to exploit nearshoring opportunities and strengthen
its economy through business attraction, industrial growth, and workforce
development.
Regional
cooperation, focus on critical skills, and investment in infrastructure are the
pillars that will propel Edinburg
toward a prosperous and competitive future in the current economic scenario.
