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 Economic Development News 
Friday, July 24 2015
Las Cruces and State reach out to Taiwan for new business

The New Mexico/Las Cruces trade delegates (from right to left) Gary Camarano, David Dollahon, Mark Van Dyke and Lt. Governor John Sanchez meet with Peter  Huang, President and CEO of the Taiwan External Trade Development Council (center); with Ireas Cook and Jackie Hong of the American Institute in Taiwan; Kristy Cheng. Ministry of Foreign Affairs and Leonor Lin of the Taiwan External Trade Development Council.

A combined City of Las Cruces and State of New Mexico trade mission recently returned from a location promotion tour in Taiwan, and they have identified some promising prospects for New Mexico and the Las Cruces.  The four person trade delegation was led by Lieutenant Governor John Sanchez and City of Las Cruces Economic Development Coordinator Gary Camarano. The delegates traveled to Taiwan on June 20, 2015, and spent a week meeting with Taiwanese businesses, trade organizations and government officials to discuss opportunities for investment in New Mexico and the Las Cruces region, to build awareness of New Mexico and Las Cruces, and to explore export and import opportunities for the business community.

The New Mexico/Las Cruces “Trade Mission Taiwan 2015” was organized by Gary Camarano, the City Economic Development Coordinator. Camarano explained, “A lot of what makes Las Cruces an ideal spot for doing business starts at the State level, and the Martinez administration has been very active in improving the overall business environment of the State. Through tax and regulatory reforms, the State has been recognized in 2014 as the ‘#1 State for Manufacturing in the West’. This is something that businesses find attractive and we need to showcase. The Taiwanese were very responsive to information like this.”

Lt. Governor Sanchez echoed those sentiments and stated, “Building awareness about New Mexico and getting the word out about all the advantages we have, from our natural resources, to a highly educated workforce, state of the art transportation and logistics, our International Ports of Entry, and our transformed business environment need additional focus, and we intend to get the word out about New Mexico’s advantages to the marketplace.” The Lt. Governor indicated that there were several solid prospects uncovered during the trip.

When asked “Why Taiwan for a Trade Mission focused on attracting Foreign Direct Investment?” the Lt. Governor answered, “Taiwan is known to the world as an ‘Economic Miracle’. A tiny nation of 23 million about the size of Maryland with no natural resources, and in a fairly short period of time has become the 20th largest economy in the world. This was achieved by the entrepreneurial, innovative and industrious people of Taiwan, and those are the kind of people I think we should be working with.”

The City and State’s next course of action is to stay in touch with its Taiwanese prospects and continue the fact finding dialogues. Lt. Governor Sanchez indicated that the State would work closely with the City to bring business there, stating, “We’ll continue to work and see if we can entice  our Taiwanese prospects to make a visit to the New Mexico and Las Cruces for further due diligence. These are relationships that need cultivation and we will work to bring these projects to fruition. I’m very proud of the initiative the City of Las Cruces took in organizing this trade mission and we will be there to support them in their economic development and job creation activities. This has been a positive for both the City and State.”  

Businesses interested in learning more about the City of Las Cruces, its advantages and   economic development programs to assist businesses should contact econdev@las-cruces.org.

Posted by: Nicole@ExpansionSolutionsMagazine.com AT 02:11 pm   |  Permalink   |  Email

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