Valcas Group to invest US$1.1 billion in industrial and technology park in Baja California

ENSENADA, BC - With an investment of US$1.1 billion, Grupo Valcas is leading an ambitious project in the northern area of Ensenada that contemplates the development of a 500-hectare park. This space will include a 350-hectare industrial park and a 150-hectare technology park.

The main objective is to promote regional economic development, generate jobs and link academic institutions such as Cicese, UABC, ITE and Cetys, which will contribute specialized services.

Álvaro Muñoz Estrada, representative of Grupo Valcas, informed that they already have the land use guidelines issued by the Secretariat of Infrastructure, Urban Development and Territorial Reorganization (Sidurt). He also explained that the park seeks to attract mainly technology companies and establish a specialized tax precinct.

'We need around 90 liters per second and we are managing that with Seproa. The feasibility studies determine what the needs are and what possibilities there are to cover them. We are exploring the option of desalinating water or bringing it directly from the Rosarito desalination plant', he added.

The park, located near Bajamar, foresees a development of 5 to 10 years and the creation of approximately 10,000 jobs, although this will depend on the companies that establish themselves.

Muñoz Estrada stressed that the project does not seek to compete with Tijuana's industrial parks, but rather to complement them.

'Tijuana no longer has areas to continue developing. This complements the regional development not only of Tijuana, but also of Rosarito and Ensenada. There is a great opportunity if we get our act together' he stressed.

Grupo Valcas, known for real estate developments such as Bajamar and Rancho Tecate, is betting on a project that could transform Baja California's economic dynamics and strengthen collaboration between industry and academia.