Tamaulipas adds 180 investment projects and strengthens its automotive industry

The creation of new industrial hubs, the strengthening of logistics infrastructure and the promotion of strategic sectors marked Tamaulipas’ participation in the fourth edition of the Automotive Industry Supply Summit in Querétaro, where the state presented its strategy to attract investment and strengthen its position within North American supply chains.

During the event, Anabell Flores, Undersecretary of Investment at the Tamaulipas Ministry of Economy, highlighted that the state is currently promoting three strategic industrial development projects, including the Tamaulipas Inland Port in Ciudad Victoria, a site of more than 1,300 hectares focused on attracting manufacturing and logistics investment.

The official explained that another key pillar is the strengthening of the Port of Altamira, which is positioned as the third most important port in the country in terms of cargo movement. She noted that this infrastructure has recorded growth of more than 300% over the last 10 years, increasing interest from companies linked to manufacturing, foreign trade and logistics.

Tamaulipas adds 180 investment projects since 2022

Anabell Flores stated that, since October 2022, Tamaulipas has confirmed 180 private investment projects. She specified that half correspond to new investments and the rest to expansions by companies already established in the state, an indicator that, she said, reflects the private sector’s confidence in continuing to grow within Tamaulipas.

In the context of the upcoming USMCA review, the undersecretary said that Tamaulipas created two new specialized organizations last December: the Tamaulipas Automotive Cluster and the Tamaulipas Electric-Electronic Cluster. She explained that both seek to strengthen dialogue between industry and authorities in order to generate proposals aimed at addressing North America’s regulatory and trade challenges.

Tamaulipas strengthens its industrial strategy

She detailed that the automotive cluster operates from Matamoros, while the electric-electronic cluster is based in Reynosa. The intention, she said, is to consolidate collaboration spaces that allow industry needs to be translated into strategic projects linked to investment, innovation and supplier development.

During the Automotive Industry Supply Summit in Querétaro, Tamaulipas also promoted its portfolio of incentives for companies interested in expanding or establishing new operations in Mexico. The state seeks to leverage the industrial relocation process and the growth of sectors such as automotive, electronics and logistics to attract national and international capital.