"Free zones generate in Colombia more than 150,000 direct jobs and export around US$3 billion a year; and one of the challenges ahead in terms of exports is the substitution of mining and energy goods leaving the country, an objective that is in line with the decarbonization of the economy", under this positive outlook reported in the media, it is important to choose correctly the perfect location of a lot or warehouse within a free zone.
With the passing of time, more and more organizations see as a good alternative to establish themselves within a special territory of this type to enjoy its benefits. In Zona Franca de Occidente we will tell you everything you need to know to choose the perfect location for a lot or warehouse.
It is worth noting that, in Zona Franca de Occidente, our infrastructure offers great advantages for optimal logistics. For example, wide roads and maneuvering areas since we have a circuit of internal roads with width between 10 and 17 meters for heavy traffic, ample external parking space for cargo vehicles, the warehouses are developed with docks over 18 meters long, in addition to internal and external parking for visitors, among many other special features.
Martin Gustavo Ibarra, president of the business expert company, said in a local economic newspaper: "The idea is to increase the number of employees from 170,000 to 500,000, especially to reduce the unemployment figures reported in recent years... They are Colombia's instrument to level up internationally and attract new projects, such as green and blue hydrogen. There are also the free trade zones for agro-industrial and tourism. They are an incentive that give shine to the country in attracting foreign investment".
In other words, there is a lot of potential in these delimited areas. There is no doubt that there is a great future. The secrets to correctly choose a perfect location for a lot or warehouse or one like the one in Zona Franca de Occidente, you should know the following:
According to documents of the Presidency of the Republic, regarding the location of the free trade zones: "There are no limitations that they have to be in a defined location, since the objective of the Government is to diversify and generate economic development poles in all the departments of the country.
However, the existence of Permanent Free Trade Zones cannot be declared to the geographic areas of the National Territory suitable for the exploration, exploitation or extraction of non-renewable natural resources defined in the Mines and Petroleum Code".
Decalogue on how to choose the perfect location for a lot or winery
Free trade zone research
To have the perfect location for a lot or warehouse in a place like Zona Franca de Occidente, it is important to analyze the tax benefits and specific regulations. Ask if there are any commercial agreements or consultancies with other countries, which opens the door to new market opportunities for your company.
Proximity to ports and airports
Proximity to transportation infrastructure benefits logistics efficiency and is crucial for inventory management. Quick access to entry and exit points facilitates timely distribution of products and minimizes lead times.
In the case of Zona Franca de Occidente, it is located just 25 kilometers from El Dorado International Airport.
Infrastructure and connectivity
Make sure the free zone has modern infrastructure and digital connectivity. This is essential to take advantage of supply chain technology, such as real-time tracking and automated inventory management, that is relevant to have the perfect location of a lot or warehouse.
In Zona Franca de Occidente, subway electrical and telecommunications networks were implemented so that the companies that will be established will have a continuous flow of service.
All with a double ring for energy supply at different voltage levels according to the needs of the users. Also, medium voltage circuits of 11.4 KV and for large energy consumers at 34.5 KV, a robust and own substation, which is complemented with solar energy and fiber optic internet.
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The role of technology and management in Free Zones
Operating costs
In addition to fixed costs, consider possible fluctuations in operating costs, such as utility rates and tariffs. Some free trade zones offer long-term, stable rates, which provides financial stability for your company, among other benefits.
Zona Franca de Occidente has an innovative method for the collection and sale of recyclable material, in order to generate a benefit to its established companies, since the collection of sales is applied as an economic contribution to the administration fee.
Security
Many organizations take a hard look at physical security and consider cybersecurity. Since modern logistics operations rely heavily on computer systems, it is essential to protect your data and systems against potential cyber threats.
Proximity to suppliers and customers
A strategic location to suppliers and customers counts when choosing the perfect location for a lot or warehouse. It helps to reduce costs, foster stronger business relationships and leverage proximity to establish efficient logistics agreements and improve communication in the supply chain.
Expansion flexibility
It is relevant to evaluate the ability to help an organization expand. Have they proven to be able to adapt to business growth? Flexibility to expand the warehouse as your business grows is essential to maintain operational efficiency.
Zona Franca de Occidente offers the service of customized construction, which is specialized for each market, which includes comprehensive solutions from the design process based -specifically- on your selected space, this is an item when leaning for the perfect location of a lot or warehouse.
Legal and tax advice
Having specialized legal and tax advice will help you avoid unpleasant surprises. Consult and fully understand local and international laws and regulations, as well as any potential changes in the future.
Zona Franca de Occidente conducts workshops or talks with experts so that its users are informed on regulatory changes or trends that will lead them to be informed and thus make strategic business decisions.
Environmental sustainability
Sustainability is increasingly important. Look for free trade zones that promote sustainable practices and offer incentives for eco-friendly businesses. This not only benefits the environment, but can also improve the perception of your brand.
Zona Franca de Occidente, in addition to collecting recyclable material, is part of the UNIDO/UN Industrial Parks program.
It implemented a system that has the capacity to collect 32,000 M3 of rainwater for distribution around the park and is complemented by an extended aeration activated sludge treatment plant to treat domestic wastewater.
Remember that choosing the perfect location for your warehouse within a free trade zone is a strategic process. Consider these aspects together and look for the right balance that aligns with the long-term objectives of your company. Success in your decision!
Taking into account all the above aspects, Zona Franca de Occidente is the ideal place to start your project. Talk to one of our consultants and change the perspective of your business model to grow in a more competitive world.
