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BC maintains a positive tendency in the Maquiladora Manufacturing Industry

Admin | 07.11.2011

According to an article from AIM (Asociación de la Industria Maquiladora y de Exportación), the manufacturing activity and the maquiladora industry in Baja California, maintain a positive tendency in their performance, as shown by its main indicators behavior.

According to an article from AIM (Asociación de la Industria Maquiladora y de Exportación), the manufacturing activity and the maquiladora industry in Baja California, maintain a positive tendency in their performance, as shown by its main indicators behavior.

In reporting this, the Secretary of State for Economic Development, Alejandro Mungaray Lagarda, said “We can see that the establishments that operate under the IMMEX (manufacturing exports) program increased from 943 to 949 from January to July 2011.

These figures, he said, confirm that the entity remains attractive for such investments in specific industries, that find in the state a competitive platform for their exports to the U.S. primarily, but increasingly to Central and South America.

Additionally, they say that in the same period, the number of employed persons also showed an increase, going from 216 thousand 776 to 227 thousand 028, the official said.

In turn, more generally of total employment in Baja California (1 million 340 thousand 664 people), the 19.6 percent are located in the manufacturing industry, which remains as the one that generates most jobs according to the recent National Survey of Occupation and Employment (ENOE)  data

These indicators contributed to Baja California being included in BBVA Bancomer’s analysis, among the entities that exceeded the economic situation we had in 2008.

In addition, the entity is among the best placed to withstand the impact of a new economic slowdown.

According to the sectoral analysis of the financial group, the main differences in this development are associated with the presence of oil, the activity of the auto industry and the performance of the export sector that is the State’s case.

This confirms that both, the establishments in the IMMEX program and the manufacturing sector, maintain a positive performance that is supported from the State Government through various instruments such as the Care Program and Business Retention (BAJACARE).

Likewise, with the strengthening of the supply by promoting the attraction of the strategic processes and development of local suppliers, the granting of incentives of the Law of the Promotion of Competitiveness and Economic Development, and the incentives for innovation that combines resources from CONACYT and the state, warned lastly.

The article can be found in AIM's website.

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