Business Climate

 

ECONOMIC DEVELOPMENT

 
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  • Many Fortune 500 Companies, including Eureka, Leviton, Hoover, Boeing, and Delphi, have discovered the myriad of resources the El Paso area has to offer.


  • A highly productive labor force, strategic location, intelligent infrastructure, and unique quality of life all combine to make El Paso a remarkably attractive site for expansion or relocation.


  • El Paso is the 5th largest City in Texas. Positioned on the Texas - Mexico Border.


  • El Paso metro area's population grew 1.5 percent from 2003 to 2004. Larger than Boston, Seattle, and Denver, the City of El Paso is the 22nd largest city in the U.S. Combined with our sister city of Ciudad Juarez.


  • The El Paso metro area holds more than 2.2 million people, making it the world's largest population center on an international border.


  • El Paso is the primary intersection for regional trade in the Southwest with four international ports of entry.


  • Encompassing over 3000 acres in 21 non-contiguous sites, El Paso's Foreign Trade Zone #68 is the 5th largest in volume in the country and the largest on the U.S. Mexico border. Click here for a closer look at the El Paso's FTZ.


  • Moreover, El Paso's central location yields a strategic proximity to markets across North America, with an interstate highway system providing east/west and north/south access, rail facilities serving every North American market, and the newly renovated and expanded El Paso International Airport.


  • El Paso has the transportation infrastructure that allows coast-to-coast access to markets. Furthermore, the telecommunications network in El Paso offers state-of-the-art voice and data transmission facilities to almost one-quarter of a million residential and business customers in the area, ensuring that companies located in El Paso can reach clients and colleagues worldwide.


  • The Empowerment Zone program carries special tax incentives and bond provisions, which encourage private investment, while providing additional funding for workforce development. El Paso is the only city in Texas and one of only two cities west of the Mississippi River to receive a Round II Federal Urban Empowerment Zone designation.


  • Similarly, Texas State Enterprise Zones allow for refunds on various sales and use taxes paid by businesses.


  • In addition to these programs, the City of El Paso offers an array of comprehensive business incentives, including tax abatement, sales and use tax exemptions, and Industrial Revenue Bonds.

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