Increasing tourism and developing an industrial base are key elements in the Navajo Nation’s strategy for future economic diversification.
In addition, the Nation’s energy policy is structured to protect and strengthen the energy and natural resource industries, which currently provide the foundation for the Nation’s economic health. Mining and production of oil and gas generate 60 percent of the Nation’s general fund revenues and a major portion of its tax revenues. The Nation is also committed to developing renewable energy resources, including solar, wind, geothermal, and biomass.
The combination of high-quality energy resources, skilled Navajo workers, potential tax benefits and a favorable business climate makes the Navajo Nation a competitive choice for commercial development.
Tribal leaders and private sector partners are working together to establish an efficient, viable, economy, which will offer the people of the Navajo Nation greater lifestyle choices. The Nation has established its goal by:
A number of initiatives are underway to assist the Navajo Nation’s economic transition from one largely dependent on federal aid to one sustained by private enterprise.
The Coca-Cola Bottling Company deliberately sought
to locate in Chinle, Arizona, because of its strategic location to the
points. Furthermore, by choosing to become one of the first tenants
in the Chinle Industrial Park, the company did not have to worry about
securing permits, utilities, and land to build a plant from the ground
The Navajo Nation Division of Economic Development
PO Box 663, Window Rock AZ 86515