Defining an industrial park
Industrial infrastructure growth in Mexico is critical to boosting the diversity of the country’s manufacturing, attracting foreign direct investment and creating jobs. Here, we analyze what an industrial park is and why it is convenient for companies to set up in these spaces.
What is an industrial park?
An industrial park is a complex usually located on the outskirts of large cities which provides companies with access to logistical, administrative and supply solutions, and services suitable for their operations.
To see how important these areas are to the Mexican economy, take AMPIP (Asociación Mexicana de Parques Industriales Privados): in August 2020, this industrial park alone held more than 3,500 companies1 — mostly global companies which generated approximately 3 million jobs.
This is because international companies tend to look for spaces with a geographic location that allows access to various markets and a talented workforce to address the needs of their industry.
Undoubtedly, Mexico is a location that satisfies both requirements with multiple advantages for settling in a space designed for industry. Currently, there are more than 350 private industrial parks2 across 24 states.
Features of an industrial park
These spaces fulfill various important functions and provide numerous advantages, including:
1. A space for multiple uses
“What an industrial park is good for?” will always have more than one answer. These spaces can be adapted for uses ranging from manufacturing production to logistics and transport management to product and merchandise storage.
2. Safeguarded business assets
In addition to worker safety, by acquiring or leasing an industrial space, organizations are guaranteed that the machinery, vehicles, supplies and merchandise involved in their operation remain safe 24 hours a day in closed and monitored spaces.
3. Installed infrastructure
An industrial park has the necessary infrastructure for companies to conduct operations properly and efficiently. In addition, they are usually well-connected with access roads to major airports and border crossings, if any.
4. Security measures in place
Industrial parks are built in accordance with current regulations, making them very secure spaces with features like perimeter fences and restricted access.
5. Resource optimization
Industrial park infrastructure is designed to efficiently use electrical energy and support services such as communication networks, storm drains, treatment plants and other resources.
6. Stability over time
Because they have been specifically designed for industrial activity, these properties do not risk abrupt changes in zoning, regulations or previously established conditions.
At Advanced Real Estate, we develop industrial parks in various areas of the country so companies from different industries can find the best solution for sustained long-term growth in a space adapted to their operations.
Information Sources:
- www.forbes.com.mx/parques-industriales-impulso-para-la-diversidad-manufacturera
- irp.cdn-website.com/55677075/…/AMPIP%20Mexico%20en%20Breve%202021%20AV25062021.pdf
- umbral.co/que-es-un-parque-industrial-caracteristicas-y-beneficios
- www.cronista.com/pyme/…/Cuales-son-las-ventajas-de-instalarse-en-un-parque-industrial-20200205-0003.html
- www.automotores-rev.com/son-nuevos-parques-industriales-inteligentes-y-sustentables
- mabasa.com.mx/ventajas-parques-industriales
