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Jalisco attracts investments of 38 international companies

Karla Salinas | 27.08.2014

As a result of the competitive advantages of Jalisco, 38 international companies confirmed expansion projects or their arrival to this state in the last year and a half.

As a result of the competitive advantages of Jalisco, 38 international companies confirmed expansion projects or their arrival to this state in the last year and a half.

The Secretary for Economic Development (Sedeco), José Palacios Jiménez, said that investments coming to the state are mainly from the automotive, electronics, food, aeronautic, and aerospace industries, and following the energy reform,  renewable energy enterprises such as biogas, wind and solar have also joined.

In the first quarter of 2014, Jalisco managed to attract foreign direct investment for $ 150 million. According to estimates by Sedeco, the state could capture this year an investment of one billion dollars, 35% more than that recorded in 2013, which were $ 645 million.

"What are these competitive advantages? The location is strategic, especially for electronics plants; the airlines that fly from Jalisco to the United States, also Jalisco is the only state that has direct flights to Hong Kong, aerial offer to Seoul, Frankfurt; we are the natural gateway to the East with Port of Manzanillo, we have two airports, Guadalajara and Puerto Vallarta; railroads connected to the United States and human capital that stands out due to the universities in the state. "

The last global company that was settled in Jalisco is Plexus, in Guadalajara Technology Park.  With an investment of $ 40 million, the plant began operations with 280 employees. Its projection for 2015 is to grow its workforce to 740 employees with salaries from eight thousand to 11 thousand pesos a month.

The plant in Guadalajara is part of Plexus' Global Network, which consists of 24 facilities that provides its customers with supply chains, post market, manufacturing and electronic engineering services.

The company is a leader in the electronics industry, particularly in highly complex programs, and adds to the more than 600 electronic technology and information companies installed in this city, considered the "Silicon Valley of Mexico."

"Right now it is only manufacturing, but over time it is intended to also do research."

The holder of Sedeco clarified that signed confidential agreements, prevent him from revealing the names of companies that have already confirmed investments in Jalisco and as they authorize it, they will be announced.

More jobs

From January to July  of 2014, Jalisco accumulated 36,493 new jobs. In the same period last year were 33,907.

Only in July, 10, 121 jobs were created in Jalisco, according to figures from the Mexican Social Security Institute (IMSS).

Source: Translation of an article originally posted by  www.informador.com.mx

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