Article courtesy of the Las Cruces Bulletin

Bulletin Staff Report

About two dozen Mexican investors will meet with local business owners and industry experts during the Hispano Chamber of Commerce de Las Cruces’ Reverse Trade Mission Friday, March 18, at the Las Cruces Convention Center, 680 E. University Ave.

According to the Hispano chamber, the objectives of the mission are to showcase the potential growth areas in the Las Cruces region to foreign investors; introduce foreign investors to existing businesses in the area and provide an opportunity to expand their product lines and create joint-ventures; introduce foreign investors to entrepreneurs in the Las Cruces region; and to create new jobs in the Las Cruces area.

“This is a first for the Hispano chamber, but it’s an event we plan to hold every year to remind foreign investors of the opportunities our area has to offer,” said Peter Ibarbo, Hispano chamber board member and chair of the chamber’s Economic Development Committee. “We are expecting 25 investors from Mexico to come to the area and tap into local resources and expertise in a mutually beneficial, business-to-business setting.”

Investors will explore local industries related to hotel and tourism development, café and restaurant development, product distribution center development, maquiladora supplier development, alternative energy infrastructure development and real estate development.

The day will begin at 1:30 p.m. with a lunch session for the investment delegation featuring welcoming remarks from John Munoz, Hispano chamber president, and Ken Miyagishima, Las Cruces mayor. Introductions by Las Cruces Economic Development entities will be given by Kevin Boberg of the Arrowhead Center and Christine Logan of the City of Las Cruces Economic Development Department.

A pre-qualified business-to-business session with potential business partners and associates will take place from 2:30 to 5:25 p.m. From 5:30 to 6 p.m., local attorneys will speak on tax and fiscal issues regarding bi-national business activities and business immigration visas.

U.S. Rep. Steve Pearce has been invited to give the opening remarks for the 6 p.m. dinner, to be followed by a presentation on the Spaceport America supply chain by Wayne Savage, chair of the Commercial Space Committee for the Greater Las Cruces Chamber of Commerce. Odes-Armijo Caster of the Albuquerque- based Sacred Power Co. will talk about solar energy initiatives and developments in New Mexico.

Individual ticket prices are $17.50 for Hispano chamber members, which includes full access to business-to-business sessions and dinner, and non-member ticket prices are $25 for access to the business-to-business sessions only, $35 for business- to-business sessions and dinner and $27.50 for dinner only tickets.

To learn more or to purchase a ticket, call Ibarbo at 621-5240 or email peter@ibarbogroup.com.