The Commission for the Promotion of Economic and Industrial Development of Tijuana (DEITAC) held a meeting to present to the membership of the organization the progress in attracting investors, highlighting that prospects continue to arrive despite the current scenario in foreign trade.
Adriana Eguía, president of DEITAC, mentioned that foreign companies continue to show their interest in investing in Tijuana, prioritizing its strategic location and its specialized labor force even with the increase in tariffs imposed by the Donald Trump administration.
Likewise, she highlighted binational cooperation and coordination, recognizing the efforts made on both sides of the border through strategic allies, such as Kenia Zamarripa, executive director of International Trade Affairs of the San Diego Regional Chamber of Commerce, who was invited to the session to explain the regional impacts of the 25 percent increase in tariffs. Zamarripa warned that these tariff measures will have a direct impact on the economy of Americans, both in the housing sector and in the health sector. That is why they are working binationally to address the problem during a visit to Washington D.C. to present to congressmen how these measures impact the border.
For his part, Gabriel Cabañas, Vice President of Promotion for DEITAC, explained that as part of the Promotion Commission they remain focused on promoting the city regardless of the current situation. Although he acknowledged that some projects may be postponed until the tariff panorama is clarified, the interest of investors is still present and DEITAC keeps them informed so that they make the best decision. He also revealed that they have several interested prospects in Tijuana, attracted by the talent, cost savings and regulations.