Chihuahua launches InvestinMX platform that will generate more investment for the state

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The InvestinMX platform, whose main objective is to position the Mexico brand internationally, through a joint promotion that enhances trade agreements, was presented at the Federalist Alliance meeting that took place in Monterrey, Nuevo León.

Chihuahua joined this online site because it ranks first in direct export of merchandise in the commercial exchange that Mexico carries out with the rest of the world, is the fifth in attracting investment at the national level, and has also received 5 thousand 622 million dollars of foreign direct investment from the 4th quarter of 2016 to the 2nd quarter of 2020.

The Federalist Alliance, through its government secretaries, including the head of the Ministry of Innovation and Economic Development of Chihuahua, Antonio Fernández, in coordination with Sergio Ríos, Invest in Mexico Facilitation Board AC technician, presented at a press conference this website.

Volkswagen Tiguan cars are pictured in a production line at company’s assembly plant in Puebla, Mexico, July 10, 2019. Picture taken on July 10, 2019. REUTERS/Imelda Medina – RC11796D4070

This innovative tool aims to take advantage of production chains and identify investment projects that generate jobs and regional development in strategic sectors.

The development of this online platform is available to all investors who express interest in Mexico as a business destination for private investments.

In the last four years, 155 foreign direct investment projects have been completed in the state: 127 in Ciudad Juárez, 20 in the municipality of Chihuahua, and eight more in other municipalities.

This is how the creation of 39 thousand 632 jobs in the export manufacturing industry was achieved, in addition to generating direct employment.

These investments supported the construction industry with the absorption of 1 million, 247 thousand 172 square meters of industrial buildings throughout the state, which allows it to be a national leader in attracting investment, with 4 percent of the national total.

This platform has worked with various working meetings with the secretaries of economic development of the 10 states and with the approval of international experts and economists.

This initiative is not exclusive to the states of the Federalist Alliance, as it is open to all the other 22 states that make up the Mexican Republic.

For the current government, it is of utmost importance to join these types of projects that help to reactivate the state’s economy and safeguard the well-being of Chihuahuan families.

Source: Gobierno del Estado de Chihuahua

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