More than 50 condominiums will be built in 2024

TIJUANA – Gabriel Valenzuela Moreno, director of Cámara Mexicana de la Industria de la Construcción (CMIC), in Tijuana, announced that for the next 5 years, at least 50 condominiums in Tijuana will be built.

He mentioned that 70% of these constructions, is financed by private investment and the rest by public funds. “This is a new way of life that is implemented in the city,” he said.

Regarding the issue of constructions that have not been approved by Tijuana’s inhabitants, the director of CMIC stated that for a project to start, it is necessary a mutual agreement between interested parties, in addition to the regulatory procedures in order for authorities to make sure that there won’t be any affected residents.

With regard to projects’ viability due to the conditions of the infrastructure in this city, Valenzuela Moreno affirmed that not in all cases infrastructure turns out to be the best, however it is necessary to work with what there’s available, and elaborate action plans in order for it to improve.

Source: San Diego Red