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Results of Feasibility Study provide Blueprint for Regional Competitiveness

mrcog transportatoin logistics hub study strategy action plan coverAlbuquerque, NM— Results of a feasibility study commissioned last year aimed at optimizing infrastructure assets for economic development in the region prove promising. Last Spring, Albuquerque Mayor Richard J. Berry along with public and private leaders from throughout the four-county Albuquerque MSA, announced the Metro’s intention to become the nation’s next major global transportation and  logistics hub. Now, the results of a study that examined economic potential of freight and logistics are pointing to opportunities in key sectors such as warehousing and distribution, plastics, food, and industrial manufacturing, to name a few.

“The study’s aim to find ways to leverage our assets and grow our freight and logistics economy resonated with virtually every community in the MRCOG Region,” said Dewey Cave, Executive Director of the Mid-Region Council of Governments. “We are now better positioned to use the results from the study to identify gaps and targeted investment opportunities to attract more private development of international trade-related manufacturing and logistics”.

The one-year study, conducted by Cambridge Systematics, was supported by the City of Albuquerque, Bernalillo County, Torrance County, Sandoval County, Valencia County, Burlington Northern Santa Fe Railroad (BNSF), and the McCune Charitable Foundation. In addition to identifying economic opportunities for the region to pursue, the study also suggests tapping into area technology resources to develop and add value to the automotive and aerospace sectors, as well as applications of photonics-enabling technologies. Recommendations include the development of an Airport Investment District at the Sunport, to increase high-value air cargo, as well as transload-related investments along the rail corridor.

“Albuquerque has world class infrastructure that can provide tremendous job creation opportunity if used properly”, Albuquerque Mayor Richard J. Berry. “This first of its kind study that my administration commissioned identifies and sets in motion a plan for new and future public and private sector investments that will certainly provide more business growth and jobs.”

One outcome that occurred since last year’s announcement, was a change in the metro area’s foreign trade zone status. Earlier this year, the City of Albuquerque expanded its foreign trade zone boundary to include all of Bernalillo and Valencia Counties, as well as the cities of Rio Rancho, Santa Fe and Moriarty. This expanded framework allows companies located anywhere within those boundaries to receive reduced or deferred taxes on imported components of a finished product.

“The BNSF Railway has long recognized the economic opportunity of the Albuquerque metro area and we look forward to working together on new rail-served industrial development,” said Ean Johnson, Regional Manager, Economic Development, BNSF Railway Company.

The Mid-Region Council of Governments will be working with public and private regional partners to facilitate a discussion about which recommendations highlighted in the study to address and when.

‪For more information about this initiative please contact Ann Simon at This email address is being protected from spambots. You need JavaScript enabled to view it. or Randy Trask at This email address is being protected from spambots. You need JavaScript enabled to view it.

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