Monday, March 20, 2023

At least six companies want to operate from a strategic location on the border with Mexico

As part of a call to action initiative promoted by the United States government to generate investment and jobs in the north of Central America, Japanese company Yazaki North America has decided to establish an automotive parts assembly plant in the Special Economic Development Zone (ZDEEP). decision made. In Puerta del Istmo, San Marcos.

On this ZDEEP President Fermin Colina commented that Yazaki would have two warehouses (area for production), for the first plant which is part of the pilot plan, with an area of ​​10 thousand square meters (m).2) which has already been created.

There will be a total area of ​​16 thousand square meters along with other phases.2 And the machinery is expected to arrive in two months, to start work in January 2023.

In addition to shipments to the United States, according to Colina, the Japanese company was interested in settling in the area so that it could send parts to automotive factories that it supplies in Mexico.

many other companies

For now, they are in talks with other companies, one of which wants to set up a light-duty vehicle assembly company operating in Mexico.

In other areas, there are three logistics companies that have already been confirmed and are in talks with an Asian food company, as well as talks with a Mexican producer of sweets and confectionery, which wants to supply itself with sugar produced in Guatemala. Is. The intent is also to attract the textile industry, commented Colina.

One of the aspects that the companies approached the most is that communities within a 60-kilometer radius have about 1.2 million residents and most are devoted to agriculture, so there is enough labor available.

Read also: Nearshoring: what regions in Guatemala are implementing it and how to implement it with the 3 “I” principle

Meanwhile, the Institute for Training and Productivity (INTECAP) has a list of people who have studied various courses that may be related to activities in the automotive sector and other industrial activities.

What is ZDEEP?

The ZDEEP is a figure designed to encourage investment in industrial parks with one or more users, dedicated to industrial or commercial production, with tax benefits. Three years after its legal creation, many are already working and others expect their first users to start working in the second half of this year.

They are authorized by the Santo Tomas de Castilla Free Zone of Industry and Commerce (Zolic) under Decree 22-73, and its improvement, as well as regulations issued by the entity for the authorization, qualification and operation of special public economic development zones. ,

Also read: Electronic Accounting: Does SAT Force Taxpayers To Keep Their Books And Records In Digital Format?

These figures should generate economic and social growth, as well as employment opportunities, decent incomes and technology transfer, so they are part of a policy that promotes growth in areas that are considered economically depressed areas. has been recognized.

ZDEEP Gate of the Isthmus

  • It is the first ZDEEP authorized and has a total area of ​​4 million 500 thousand square meters2.
  • The first stage is 100 thousand square meters2 With an initial investment of US$15 million, and which can be increased to US$12 million between 2022-2023 depending on the installation dates of other users.
  • ZDEEP is located about 500 meters from the Puerta del Istmo Tecún Uman II customs office, and Mexican transport can directly enter its facilities to drop off raw materials and go with the finished product to automotive plants, Colina assured.
  • In addition, a 3.5-km stretch of the railway will be rehabilitated.
At Least Six Companies Want To Operate From A Strategic Location On The Border With Mexico
Puerta del Istmo seeks to attract factories, assemblers and logistics, distribution and service companies. (Photo courtesy of Free Press: Puerta del Istmo).

Nation World News Desk
Nation World News Desk
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