In the first year of management of the current government in Nuevo León, at the head of Samuel García, 90 foreign direct investment (FDI) projects have been completed, for an amount equivalent to 4,248 million dollars.

This figure takes into account 47 new investments by transnational firms and 43 expansions of companies already established in the entity.

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"We are going through one of the best economic times in the history of Nuevo León. The 90 investment projects reflect the trust that large companies have in us, thanks to an infrastructure of more than 140 industrial parks, the most prepared human capital and the proximity to Texas, which opens the doors to the American market," said the governor.

FDI has diversified, although manufacturing is the main item with 38% of the total, more specialized companies from the automotive sector are also arriving with 20%, logistics 8%, and information and communication technologies with 6% of the total.

"Along with manufacturing, we see the arrival of companies focused on electromobility, cybersecurity and software, characteristic sectors of industry 4.0 that position us as a technological and mobility hub in the region," said Iván Rivas Rodríguez, Secretary of Economy state.

By country, the United States is the main country of origin of FDI, with 39 projects, to which are added European and Asian countries. China with 20%, South Korea with 6, Germany and Denmark with three projects each.

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There are companies from Asia, such as Quanta Computer, Man Wah and BUT Construction Machinery, which have found favorable conditions to operate in Nuevo León. In the case of Lego and Hershey's, they have decided to expand their facilities and infrastructure to continue their expansion.

However, there are still weaknesses that need to be worked on. Export Entreprises mentions that Mexico's strong dependence on the United States, the level of corruption, the high crime rate, and the reservation of some sectors for the state, among others, are great obstacles for more investment to arrive.

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Original note