A new air cargo park set to open in Tijuana could not only boost trade relations between Mexico and Asia, but provide San Diego with another major commercial connection to its southern neighbor.
Along with other major infrastructure projects and border crossings, the cargo facility is yet another fortification increasing San Diego’s economic relationship with Mexico. It’s a welcome development to trade advocates at a time when the future of cross-border commerce is uncertain.
In March, the air cargo and logistics facility will begin operation adjacent to the Tijuana International Airport. The roughly 64-acre air cargo park was built by a subsidiary of Grupo Bustamante, the real estate and development company of former Tijuana Mayor Carlos Bustamante.
Bustamante said the air cargo park will make it easier to move goods between Asia and Latin America, serving companies such as FedEx, UPS, DHL, Estafeta, Aeromexico, and Volaris Cargo. It will include on-site Mexican customs authorities, a bonded warehouse, office space for freight forwarders, customs agents, banking services, food concessions and the Mexican Postal Service.
“There’s been an increased amount of Chinese investment in South America and Mexico,” said Jock O’Connoll, an International Trade Advisor at Beacon Economics. “There’s a lot of competition for playing the same kind of role Panamanians do in becoming a key transit point for shipments by ship and airplane between the Far East and South and Central America.”
Such a facility would permit Latin America to more easily trade directly with Asia.
more recommended stories
Amidst pandemic, Chichén Itzá is the second most visited archaeological site in Mexico
In the last four months of.
Maya Train construction causes partial closure of the Merida-Cancun highway
For tens of kilometers, vehicles must.
Party with over 50 people shut down by police in Kanasín, Yuc.
The party was held on the.
Archaeological sites in Yucatan operating during Covid-19 pandemic
After the first coronavirus outbreaks, the.
Yucatan man dies after being involved in two traffic accidents on the same day
First, he crashed in the morning,.
Mahahual businessmen want to acquire COVID-19 vaccines
Local businessmen assure that this would.
3 bars in Mérida are closed for failing to comply with sanitary measures
The State Government closed a restaurant.
State government provides incentives to encourage henequen production
In support of Yucatecan farmers dedicated.
Clandestine cockfight suspended in Abalá, Yucatan
A cockfight, allegedly authorized by the.
More than 65 million shots of the Covid vaccine have been administered throughout the world
The biggest vaccination campaign in history.