Unlock New Business Opportunities in Chetumal & Puerto Morelos

Chetumal, Q. Roo.- The renewal of the Free Zone decree in Chetumal and the recent establishment of the Strategic Fiscal Enclosure in the capital of Quintana Roo are expected to boost maritime trade across the state. This includes Puerto Morelos, which is equipped to handle both imports and exports at its cargo dock.

Iván Ferrat Mancera, a representative of the Integral Port Administration of Quintana Roo (Apiqroo), suggests that Chetumal's benefits could be leveraged to import goods to Puerto Morelos, with the state's capital as the final destination. An increase in exports is also anticipated, which would bolster cargo traffic at the Puerto Morelos dock, offering potential for international product distribution.

The rise of nearshoring presents an opportunity for companies to set up operations in Chetumal. Here, they could assemble, manufacture, or produce goods for export from Puerto Morelos, taking advantage of the tax benefits. Ferrat Mancera points out that while Puerto Morelos is already equipped for foreign trade, the impact of the new fiscal enclosure and Chetumal's free zone on trade growth remains to be seen. This will largely depend on incoming investments in Quintana Roo and existing connectivity to Central America and other global regions via sea.

These initiatives are complemented by the approval of the Strategic Fiscal Enclosure of Chetumal. This allows the tax-free introduction of foreign goods until their final sale, bolstering Chetumal's position in international trade and fostering economic growth and job creation. Furthermore, fiscal incentives for Chetumal have been renewed, including import tax discounts and deductions for import traders.