The technological ecosystem and the Industry encourage the State’s
growth
Jalisco is among
the most important economies in Mexico and is one with the highest potential
for investment attraction. The growth
the State is experiencing is promoted by sectors such as the technological,
manufacturing and of food; but also for its entrepreneurial ecosystem.
“A very
important point to be considered is that many investors see the creation of
ecosystems; the ecosystem that has been created for the high technology industry,
or the one from Lagos de Moreno for the automotive sector, has caused more
companies to be interested in observing the possibility of investing in Jalisco
or expand their investments,” said Sergio Rios, regional coordinator of
ProMexico Centro Occidente.
He explained
that the ecosystems were integrated by universities, companies, research
centers and the Government.
“The great
advantage Jalisco has for Foreign Direct Investment (FDI) is its government and
business coordination, together with the ecosystems,” he said.
According to the
Ministry of Economy, during the first trimester of the year, FDI in Jalisco
reached 378.4 million dollars, positioning as the eleventh state that
contributed the most to the Mexico’s FDI.
Meanwhile, based
in the Regional Indicators of Economic Activity (IRAE, by its Spanish initials)
from Banamex, Jalisco is about the 10 States that will grow the most in 2018.
Anticipated that
the States in which the highest growth of the Gross Domestic Product (GDP) is
expected are Baja California Sur, with 6.2%; Quintana Roo, with 4.8%; San Luis
Potosi, with 4.6%; Aguascalientes, with 4.5%; Queretaro, with 4.3%; Guanajuato and
Puebla, with 4%; and Jalisco, Estado de Mexico and Nuevo Leon, with 3.4 percent.
Nationally it is
estimated a GDP growth of 2.3 % for 2018, slightly higher than 2.0 % of 2017.
He referred that
in 2017, Jalisco reached a growth above the national average: its GDP grew 3.0
percent.
In general – he
detailed – the state economic activity showed advances in all its sectors, with
the primary growing 5.1 %, the tertiary 3.2 % and the industrial 2.1 %.
“Inside this
last one, the construction sector as well as manufactures reported growths of
3.4 % and 1.8 %, respectively. The
economy dynamism impacted favorably the generation of formal jobs, which grew
6.1 % in the year compared with 4.4 % of the national,” he explained.
For Luis de
Regil director of Corporativo Senoro, Jalisco has highlighted for being an
entrepreneurship culture, with an excellent organization between private
initiative and public administration.
“When other
countries do a scouting there is a right organization of businessmen in Jalisco
and a good synergy between Government and private initiative,” he held.
ATTRACTIVE SECTORS
For Sergio Rios,
regional coordinator of ProMexico Centro Occidente, the High Technology sector
– development of hardware, software, augmented reality, animation, videogames,
applications, virtual reality and internet of things - continue encouraging Jalisco’s growth and
underlined that this has passed from manufacture to what is called “workmind.”
“We have seen
how important companies have come to establish their research and development
centers in Jalisco, what provides a different turn to traditional manufacturing
investments,” he said.
Another industry
that is having a particular interest in Lagos de Moreno, is the automotive
which has found here a strategic site to reach companies settled in Guanajuato,
San Luis Potosi, Aguascalientes, among other places, he said.
He added that
also the food and aerospace sectors have started to be interested, mainly the
last one related with technology: “The aerospace industry will eventually, in
the technological part, will end landing in Jalisco.”
He explained
that the main country interested on investing in Jalisco continues to be the
United States, followed by Germany and Japan.
“Also,
interesting investments have arrived from other countries such as from Denmark
and France, but the main ones are from the United States, Japan and
Germany.”
According to SE,
during the first trimester of 2018, the main countries that added to the FDI
figure from Jalisco was the United States, with 254.1 million dollars; followed
by Spain, with 92.9 million dollars; Canada, with 37.1 million; the
Netherlands, 19.4 million; United Kingdom, 8.3 million; Germany, 4.4 million;
and China, with 3.4 million dollars.
Regarding this,
Luis de Regil, director of Corporativo Senoro, said that the markets from the
Pacific alliance and Euroasia have found in Jalisco an attractive place to
invest.
“There has been
an interesting promotion in Jalisco regarding the subject of technology, Canada
and Costa Rica have approached; in Euroasia, countries such as Indonesia have
paid attention to Guadalajara in furniture and textile matters; Bangladesh, in
textile; Belgium, in food and biotechnology,” he mentioned.
NEW INVESTMENTS
Sergio Rios,
regional coordinator of ProMexico Centro Occidente, revealed that one of the
investments about to detonate in Jalisco is of an important company related
with the retail industry.
“This is their
first incursion in Mexico and we are considering that fulfilling it in Jalisco
will trigger a very important sector that did not exist in the country.”
Likewise, an
investment of High Technology Company is expected which is seeking to establish
a training center for people to work with them from their homes and provide
certain kind of attention and advisory.
He said that
other international companies are looking for making an investment through
strategic alliances to attack the market of the Pacific Alliance.
“They are
realizing that Mexico is not only an important hub for North America, it also
becomes a strategic partner for the entire Central America and South America,”
he underlined.
MARKETS DIVERSIFICATION
Rios announced
that Jalisco has 19 industrial sectors of export and with more than 970
products exported to 180 countries, this without taking into account the great
export of services related with high technology, of “intangible” done by the
State companies.
Rios explained
that Jalisco seeks and uses international opportunities offered by new markets,
such as the one of Colombia, Chile and Peru, or see which possibilities is
offered by Guatemala, Costa Rica and Panama.
This – mentioned
– together with an Europe that has economically recovering and that countries
such as Germany, United Kingdom and Netherlands have showed great interest for
knowing more about Mexican supply, with what has being achieved business
opportunities multiply.
He added that
Eurasia also shows market prominent opportunities and that countries such as
Turkey, India or Russia have been interested in knowing more about the Mexican
exportable offer, together with countries such as China, Singapore, Indonesia
and Malesia, among others.
“With this wide
international range of opportunities, SMEs businessmen from Jalisco are seeking
to enter specialized markets, with added value products that were not seen before
in Mexican exports such as Halal products, organics, dehydrated products,
lyophilized, ready to prepare, as snacks and superfoods to mention a few,
taking into consideration a new trend to nutritious, dietetic or light,” he
underlined.
Regarding this,
Luis Regil, director of Corporativo Senoro, said that healthy Jalisco products,
of Premium quality and all those related with health care and human being wellness
have shown positive export numbers.
ECONOMIC GROWTH OUTLOOK
Both specialists
estimated an economic growth equal or better that the one registered by the end
of 2017 for Jalisco this year.
“Some companies
that are expecting the definition of the NAFTA eventually could decide to open
operations in Jalisco. There is a very
interesting dynamic, mainly of expanding operations in Jalisco, and some that
are about to establish,” said Rios.
Finally, Luis de
Regin noted that economic growth could reach between 3.5 and 3-8 percent.
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John Doe January 10, 2014
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ReplyNested media heading Febuary 14, 2014
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ReplyJohn Doe August 15, 2014
Duis sed odio sit amet nibh vulputate cursus a sit amet mauris. Morbi accumsan ipsum velit. Nam nec tellus a odio tincidunt auctor a ornare odio ed non mauris vitae erat.
ReplyJohn Doe 3 hours ago
Duis sed odio sit amet nibh vulputate cursus a sit amet mauris. Morbi accumsan ipsum velit. Nam nec tellus a odio tincidunt auctor a ornare odio ed non mauris vitae erat.
ReplyJohn Doe 3 hours ago
Duis sed odio sit amet nibh vulputate cursus a sit amet mauris. Morbi accumsan ipsum velit. Nam nec tellus a odio tincidunt auctor a ornare odio ed non mauris vitae erat.
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