Invest Sonora EDC boosts the economy and promotes investment
By Elenne Castro
July 20, 2022
In
order to promote the development of the economy, the creation of jobs and the
diversity of industry in the region, Invest
Sonora EDC is laying the foundations to strengthen and promote the
investment in Sonora.
The purpose of this private entity is to promote the
Sonora region's potential in order to attract capital and encourage the
establishment, of companies that generate a more dynamic manufacturing and
technological industry.
Arturo
Fernandez currently leads the Invest
Sonora EDC project, which shall have governance autonomy, thereby
attracting foreign and national investment, as well as promoting the
development of small and medium-sized companies, which represent 98% of the
local economy.
According
to Fernandez, the reason for the EDC's creation was the asymmetry in the
development of different regions of the country, therefore, different growth
models were explored with public and private entities in order to adopt their
best practices and economic development models.
The entity has great strategic advantages for companies given its 500 kilometers of border with the United States, as well as 1,200 kilometers of coastline with multiple maritime ports, connectivity with a large number of airports and road connectivity, thus enabling access to one of the main markets in the world.
BUSINESS OPPORTUNITIES
Invest Sonora EDC boasts a great
business vision, enabling confidence among the involved parties to jointly
undertake certain projects and seek the conditions to achieve results in a
prompt and efficient way, in the hope that results will be achieved soon.
"Our goal is to promote investment. We have
realized that economic development is a big project of investment and it must
come from the private sector. Currently, the Sonora industry accounts for 97%,
and we want to encourage the recognition of that investment".
Among
the aspects Identified with the Economic
Complexity Index, is that it is dependent on two factors: one is the
diversification in the productive industry and the other one is in the
processes, provision of services and production of consumer goods.
Given
this, it is of great interest to attract investments that are more complex and
involve processes to be developed, not only foreign investment but also local
investment, as well as improving the entire supply chain of the different
sectors such as aerospace, automotive, electronic manufacturing,
agro-industrial, technological and mining, the latter standing out as one of
the most important industries, as it drives 90% of the national mining supply.
PROMOTION
Arturo
Fernandez stated that Invest Sonora EDC
will be attending fairs, local, national and international events with the
purpose of promoting the state as a potential region for development.
"Sonora has a great deal to offer, Hermosillo
certainly has things to offer, but if we do not show up on those maps they will
never find us, nor will we be selected as the ideal investment destination that
we believe we are".
In
addition, the organization will be offering business services such as
counseling, where they advise investors to carry out all the necessary steps to
properly settle in; they will also be creating a greater linkage and strategic
alliances between companies and investors to strengthen industrial ties.
In
addition, they will aid in the selection of buildings or industrial parks in
accordance with the needs of the company, as well as support in the recruitment
of personnel.
It is
worth noting that their membership will also be supported in the integration of
the entire supply chain, so that investors are aware of each of the products
and services that companies installed in Sonora have to offer.
"We encourage you to be part of this entity's
ecosystem that will be a great help for companies, as well as the investment in
Sonora to take full advantage of all the opportunities that the state has to
offer".
MORE INFORMATION
Invest Sonora EDC