State of Arizona Opens
Trade and Investment Office in Mexico
Arizona Expands its Presence and Investment with No. 1
Trading Partner
PHOENIX, ARIZONA, U.S.A. (October 7, 2014) – The State of Arizona today announced the strategic
expansion of its presence and investment in Mexico with the launch of the
Arizona State Trade and Investment Office.
The grand opening of the Arizona office located in
Mexico City was the culminating event of an Arizona-led trade mission conducted
this week to strengthen the state’s relationship with its number one trading
partner. During the mission, Arizona’s delegation met with Mexican government
officials at the federal and state levels as well as private sector business
leaders to discuss bi-lateral collaborations in key areas including: Economic
Development, Trade and Innovation; Infrastructure and Corridor Competitiveness;
and international Tourism.
The Arizona State Trade and Investment Office in
Mexico will be led by the Arizona Commerce Authority (ACA), in partnership with the City of
Phoenix, and additional funding
partners including Maricopa Association of Governments, the City of Tucson and Visit Phoenix. With the support of Governor Jan Brewer and the
state legislature, Arizona has made a commitment of $300,000 to the ACA to
establish and manage the office, which will create a platform for businesses in
both countries to expand their international trade and foreign direct
investment opportunities.
“Since becoming
governor, I have made it my mission to enhance Arizona’s global
competitiveness, support job growth and secure our economic vitality long into
the future,” said Governor
Brewer. “Our continued success in this mission will depend
greatly on our ability to seize business and investment opportunities on an
international scale. Expanding our presence in Mexico – by far our largest
trading partner – will strengthen crucial economic ties, promoting economic
development and contributing to high-paying jobs for Arizonans.”
Mexico is a growing world market, as well as Arizona’s
most important trading partner. In 2013, trade generated between Arizona and
Mexico exceeded $14 billion. Mexico is the world’s 14th-largest economy, and is
projected by Goldman Sachs to be the fifth-largest by 2050.
Arizona’s trade office in Mexico will assist Arizona
companies in successfully entering the Mexican market and attract new companies
and investments that will contribute to the state’s economy to create high-wage
jobs. The office will have a keen focus on targeted sectors that include
aerospace & defense, medical devices, biosciences and innovation.
“This represents a significant milestone in building
and strengthening a prosperous relationship between two trading partners that
share a great deal of synergy, resources and geographical proximity,” said Sandra Watson, President and CEO, Arizona Commerce Authority. “We
look forward to working with our partners in Arizona and Mexico to execute a
unified strategy to advance a sustainable trade ecosystem that drives
innovation, job creation and international commerce for both countries.”
“It's time that we fundamentally change our
relationship with Mexico to one of shared economic opportunities,” said City of
Phoenix Mayor Greg Stanton. “Our trade office is a tremendous step in the right
direction.”
“Tucson is fully committed to increasing trade
relations with Mexico and our having a presence in Mexico City can only further
that goal,” said Tucson Mayor Jonathan Rothschild.
“The Maricopa Association of
Governments (MAG) has been working on a number of initiatives to help foster
economic opportunities with Mexico,” said MAG Chair Michael LeVault, Mayor of
Youngtown. “Arizona’s trade and investment office gives us a physical reality
that extends beyond our 400-mile border. We believe this move will help us
attract a larger share of the growing Mexican middle class and help us take
advantage of new opportunities to enhance trade.”
Arizona’s new trade office builds upon the state’s
current engagement in Mexico by complementing Arizona’s existing office in
Hermosillo, Sonora, which is a collaboration between the ACA and the
Arizona-Mexico Commission.
The ACA has secured Marketing
One to assist the ACA with
its economic development activities in Mexico. The Mexico City-based consulting
firm has detailed knowledge of the Mexican market including more than 30 years
total of international trade development experience. Victor Aguilar, Managing
Director and President of Marketing One, and his team serve as Arizona’s
representatives in the Arizona State Trade and Investment Office. The office
will have a dedicated staff of international trade experts that will include an
office director, trade consultants and specialists responsible for enhancing
trade and foreign direct investment, as well as generating quality business
leads and creating strategic outreach to key stakeholders throughout Mexico.
The Arizona State Trade and Investment Office is
located in the Colonia Juárez neighborhood of Mexico City near the Paseo de la
Reforma. The address is Hamburgo 231, Col. Juárez, C.P. 06600, México, D.F., México.
Media
Contacts:
Arizona Commerce Authority (Mexico City): Victor Aguilar, (52 55) 8164
5730 or victor@azcommercemexico.com
About the
Arizona Commerce Authority
The Arizona Commerce
Authority (ACA) is the state’s leading economic development organization with a
streamlined mission to grow and strengthen Arizona’s economy. The ACA
uses a three-pronged approach to advance the overall economy: recruit, grow, create
– recruit out-of-state companies to expand their operations in Arizona;
work with existing companies to grow their business in Arizona and
beyond; and partner with entrepreneurs and companies large and small to
create new jobs and businesses in targeted industries. Visit azcommerce.com for more.
About Marketing One
Founded in 1998, Marketing One has become a market leader in Latin
America’s Strategic Intelligence scenario, where it has developed hundreds of Competitive
Intelligence and Market Research projects for CI firms, Fortune 500 companies,
governments and multinational corporations, contributing to the definition of
tactical, operational, marketing and strategic decision, in an increasingly
competitive environment.
Our experience covers a
wide range of industries and fields, our firm has capacity across Latin America
through our offices in Mexico City and Sao Paulo, where our multidisciplinary
and multicultural staff is dedicated to executing custom-designed projects for
our clients. We are recognized for our effectiveness, creativity,
professionalism, ethics and attention to detail.
Marketing One intelligence and research process and methodologies fully
comply with SCIP and MRA code of ethics. For more information visit
www.marketing-one.com
Press Contact
Franz Espejel
Tels. (5255) 8164-57-30, 40 & 40
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