State of Mexico attracts 92 high-impact projects

During the current administration, the State of Mexico has witnessed a remarkable influx of investment, surpassing 515 billion pesos in various production sectors, including automotive, chemical, pharmaceutical, plastic, and textile industries, among others. This encouraging development was confirmed by Pablo Peralta Garcia, Secretary of Economic Development.

Aligned with Governor Alfredo Del Mazo's vision, the government has consistently engaged with different associations and business chambers to support their expansion projects and actively considered proposals for new capital investments.

The State of Mexico has been at the forefront of attracting high-impact investments, with a staggering 92 investment announcements made to date during this administration. On average, every 10 days, noteworthy investments or expansions are unveiled, amounting to over 215 billion pesos. These announcements are projected to generate more than 290,000 new job opportunities, both temporary and permanent.

Peralta García emphasized the significance of these announcements, especially in light of the state's existing 1,750,000 formal jobs registered with the Mexican Institute of Social Security. Over the past two years, the state has seen substantial growth in formal job opportunities.

One of the driving forces behind this investment surge is the strategic location of the State of Mexico, combined with the collaborative efforts of Mexican government agencies, chambers, and industrial associations. The state has emerged as an attractive investment hub, attracting capital from various countries around the globe. The authorities' proactive approach to facilitating and promoting sectoral growth has further strengthened its position as a prime investment destination.

With such a positive trajectory, the State of Mexico is poised to continue thriving as a major center for investment, fostering economic prosperity and advancement for its people.