en.Wedoany.com Reported - The South Texas Economic Progress Committee (COSTEP) and the San Luis Potosí Automotive Cluster (Clúster Automotriz de San Luis Potosí) signed a Memorandum of Understanding following a working visit by the latter's delegation to the Rio South Texas Region, aimed at strengthening cooperation in economic, industrial, and commercial fields.
The Memorandum of Understanding was signed by COSTEP CEO Adam González and San Luis Potosí Automotive Cluster General Manager Luis Alberto González Olvera. This signing is part of COSTEP's strategy to strengthen ties with key Mexican industrial clusters and promote the competitive advantages of the Rio South Texas Region. This transnational economic area covers the corridor from Brownsville to Laredo on the U.S. side, and from Nuevo Laredo to Matamoros, Tamaulipas, on the Mexican side.
During the visit, representatives of the San Luis Potosí Automotive Cluster met with economic development agencies, educational institutions, workforce training experts, and logistics infrastructure representatives, gaining direct insight into existing opportunities in the region for investment, operational setup, talent development, logistics, and business matchmaking.
A COSTEP representative stated that inviting the San Luis Potosí Automotive Cluster was part of its engagement with Mexican automotive, aerospace, electronics, and medical device clusters, aimed at providing firsthand knowledge of the opportunities available in South Texas. This visit not only showcased South Texas's economic potential but also helped establish connections with one of Mexico's most dynamic industrial sectors, opening new possibilities for collaboration among businesses, institutions, and organizations on both sides of the border.
The Memorandum of Understanding establishes a foundation for cooperation to maintain relationship continuity, identify joint projects, facilitate information exchange, and create matchmaking opportunities for the business communities of both regions. Both organizations emphasized the importance of coordinated collaboration to identify opportunities that can strengthen regional supply chains and expand business participation in both Mexico and the United States.
The San Luis Potosí Automotive Cluster delegation expressed interest in continuing joint projects with the Rio South Texas Region and extended an invitation to COSTEP representatives to participate in upcoming business and supply chain events in San Luis Potosí. For both organizations, this memorandum marks the beginning of a strategic relationship aimed at driving economic growth, promoting new investments, and fostering deeper industrial integration between Mexico and the United States.
Representatives of the San Luis Potosí Automotive Cluster who participated in the visit included: Ricardo Pérez, General Manager of Indutermica; Fernanda Centeno, Business Coordinator of Logistik Industrial Park; Ricardo Jiménez, General Manager of Electrotecnia Plus; Mauricio Galindo, Director of Strategic Projects and Innovation at Reis International; and Gustavo Duay, Business Director of Peasa. Sergio Gracia Badiola, President of Mexico Industry, also participated in the visit as part of efforts to strengthen ties between the Mexican and U.S. business communities, industrial promotion, and information exchange.
Through this alliance, COSTEP reinforces its strategy of positioning the Rio South Texas Region as a strategic partner for Mexican industrial clusters, leveraging the unique advantages of this border region in logistics, education, workforce, and economic development.
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