WTC will invest close to 100 million dollars in Nuevo Laredoade-center

World Trade Center Nuevo Laredo began formally initiating the operations of its representative office on the border, which will boost local economic growth through global business connections.

The construction of the new business center, planned on a plot of more than 15 hectares, will require an investment of close to 100 million dollars and, according to the plan, will begin in the middle of the second half of this year.

Scott Ferguson, executive director of the WTCA, and Carlos Ronderos, regional director for Latin America of WTCA, delivered the license to operate in Nuevo Laredo facilities of the recognized world brand, as well as the flag that will represent it in the city.

The largest business network in the world

The representative office of the World Trade Center in Nuevo Laredo is number 71 of the WTC that open in North America and the number 13 that starts its operations in Mexico to be part of the largest and most influential business network in the world that currently has 328 licenses to operate its facilities in 91 countries and regions.

WTCA has more than 300 partners throughout the world, and it is a great satisfaction to see how cities are activated in economic terms when a WTC arrives, and a clear example of this is Nuevo Laredo.

"Our members are business activators, they invest, they hire and they create value. I believe that in the next 10 years there will be a space for that network that is more valuable than ever."

Although there is a belief that this brand is only installed in large cities, the truth is that this is an idea far from reality.

"It's something I often hear, it's not the size of the city, it's like they say: 'It's not about the size of the dog in the fight, it's the size of the dog's fight', I think the key to the city is that It is incredibly active and what I have seen in the last few hours is that it is strongly represented by the State, part of the sector, the investors and the community, clearly the city is collaborating with the community to work to promote it."

Een Nuevo Laredo was a work of months and has the profile of an emerging economy, which is ideal for the brand.

"The World Trade Center is a unique association of 330 members around the world in 91 different countries, cities are clearly emerging as economic and motor generators of each country."

In this way, WTC is located in cities, where there is a possibility of development, so it is not exclusively anchored to the metropolis. Carlos Ronderos stressed that the WTC Nuevo Laredo is number 56 in Latin America and represents great development opportunities for this border, which will undoubtedly support it.

"Count on all of us to be a successful center and to benefit the development of the region, the city and good business for entrepreneurs in the region."

A vision made a reality

In August 2017, Carlos Ronderos and Martin Salloum, North America Regional Director of WTCA, visited Nuevo Laredo as a first approach to explore the possibility of installing offices in this city and met with a delegation from the Municipal and State Government.

After arduous efforts of the Government of Nuevo Laredo, and due to the great potential of economic growth, its infrastructure in international trade, and the importance of industrial development of this city, the request of Nuevo Laredo was approved to open WTC facilities, and subsequently, It acquired the license for its installation, a process that Nuevo Laredo managed to complete in 18 months when most cities take up to 3 years to complete.

The Secretary of Economic Development of Nuevo Laredo, Francisco Javier Solis Morales said that the WTC will be a new engine of economic development in the city with an important trigger for this border and the Laredo region in terms of connectivity, as it is already part of the network largest business in the world.

"We are definitely looking for a 24/7 service. A project that will feature service areas, business connections, and entertainment: an attractive concept for Nuevo Laredo that makes it the most competitive city from the point of view of the country's border."

WTCA is the largest non-profit association in the world in terms of networking and business promotion between countries, hence the impact that is expected for the attraction of investment in Nuevo Laredo.

Worldwide business connection, for local growth

The Nuevo Laredo World Trade Center will provide the regional business sector with opportunities for interaction, investment, and commercial exchange with the 328 WTC offices located in 91 regions and countries through the following services:

Access to the WTCA's global business network

A multimedia platform for information and citizen interaction

Commercial missions to innovation and commerce poles nationally and internationally

The attraction of the main industrial cluster congresses icons of the region

A generator of contents in commerce and local and international economic development

Development of activities to increase the competitiveness of affiliated companies

Linking with universities in the country and the world

Updating and continuing education programs

Cultural and artistic events