In recent years, Tamaulipas has upgraded 70% of its highways. Its logistics platform attracts and mobilizes the third part of Mexico’s trade flow. In January, 2010, 120 companies have settled in Tamaulipas, a number on the rise during the last five years. In fact, the amount of investment is more than 3,785 million dollars and […]
In recent years, Tamaulipas has upgraded 70% of its highways. Its logistics platform attracts and mobilizes the third part of Mexico’s trade flow. In January, 2010, 120 companies have settled in Tamaulipas, a number on the rise during the last five years. In fact, the amount of investment is more than 3,785 million dollars and has generated 4,454 jobs in the same period. However, between July 2009 and January 2010, seven thousand jobs have been generated.
State land area is 30,822 sq. miles. The border between Tamaulipas and the United States is 230 miles long, and boasts a 260 mile coastline on the Gulf of Mexico.
Tamaulipas neighbors are Texas in the United States and the Mexican states of Veracruz, San Luis Potosi and Nuevo Leon.
Its strategic location makes it part of the NAFTA Route. In fact, foreign trade in this area grew 134.5% between 1996 and 2006.
The logistics platform in Tamaulipas is modern and efficient, with 11,373 miles of roads, 582 miles of railways, and five international airports. It is worth mentioning that the relocation of the Tampico International Airport has been approved by the Secretaría de Comunicaciones y Transportes (Communications and Transport Ministry). In addition, Tamaulipas has two deep-water seaports, Altamira and Tampico, and a port to be built in Matamoros. These ports positioned the State as an important logistics center.
The dry port in Reynosa, the Recintos Fiscalizados Estratégicos (Controlled Strategic Precincts) and the Puente del Comercio Mundial (World Trade Bridge), Lucio Blanco and Altamira, are significant assets in the region. Intermodal terminals in Nuevo Laredo and Ciudad Victoria and the so-called Logistics Activity Zone: Tampico – Ciudad Madero – Altamira, make this region an important site for attracting investment, with readiness for business and freight transportation. Along the 230 miles border, it has 16 international crossings, being Nuevo Laredo, Reynosa and Matamoros the most prominent. Between 1999 and 2008, 761 companies have settled in Tamaulipas, with an added investment of 3,785 million dollars. These companies are from Japan, South Korea, Taiwan, India, New Zealand, Canada, United States, Germany, Spain, Italy, United Kingdom, France, Belgium, Finland and Israel.
Tamaulipas has 45 industrial parks adding up 24 sq. mile.
Industrial clusters as the Electric-Electronic generated 53,031 jobs, the Agro-Industry, 4,800; Auto parts, 65,326; and Chemistry-Petrochemicals, 8,400 jobs.
The education system includes 903,982 students, 201,102 in Higher Education and Technical Training.
There are 5,714 elementary schools, 57 universities and technological institutes and 264 high schools.
Summing up, there are several factors that make Tamaulipas a major investment destination:
1 A border with the largest number of International crossings in Mexico.
2 A strategic geographic location and logistics platform.