In the first quarter of 2021, the state of Chihuahua attracted 13 projects for both Chihuahua capital and Juárez, with around 285 million dollars (million dollars) in investment, an amount that is added to the more than 5 billion dollars of direct investment in the entity in what goes of the management, reported Jesús Mesta Fitzmaurice, chief of Cabinet of the state government.

Since the last quarter of 2016 (when the current state administration came into operation) and the last quarter of 2020, there have been 5.747 billion dollars in investment attraction, according to information from the official.

He explained that there have been variations in the investment theme, especially in 2020, which has been the worst year due to the pandemic, when an investment of 632 million dollars was registered, in closed numbers.

While during the first three months of the current year, 13 projects were consolidated for the capital and Ciudad Juárez, with around 285 million dollars in investment that translates to 4,300 jobs.

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For 2021, the Economic Development Corporation (EDC) model stands out, which is commercially known as Chihuahua Global. “We not only change the investment attraction model: we no longer go to events to bring us maquilas or industries that generate 3,000, 4,000 or 5,000 employees, what we are looking for are precision shots where we go for specific companies, for specific processes, which come to be integrated into a supply and production chain that is already generated in Chihuahua, ”said the interviewee.

He explained that what we already have is being complemented with new investments, with new but more sophisticated, more advanced processes, with greater added value that generate better jobs. “We are not going for quantity, but we are going for quality, and we have worked on this strategy with economic developments, with municipalities, with parks and industrial promoters, and it was a strategy that was generated based on all these people who participate. in this type of business, ”he said.

It should be noted that universities and approximately 37 companies currently participate in Chihuahua Global, who define the strategy together with the government to generate the promotion, and the latest investments are being registered through this model.

Mesta Firtmaurice stressed that these numbers are encouraging because they place Chihuahua in the eighth national place in this period of the administration in attracting investment, which is not only a merit of the government, but also the result of the work of private initiative.

Do you want to know more about the behavior of the industrial market in both Chihuahua and Ciudad Juárez? Check the reports for the month of April for the key indicators. Do not forget that in Solili you can perform a search to know the availability of the state of Chihuahua.

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