Foreign direct investment in Guanajuato, Mexico
The State of Guanajuato, Mexico has over 572 companies with foreign capital registered and located in the state.
The following information has been translated from an article dated November 6, 2006, published in the newspaper Correo, by Vicente Ruiz, Link.
49% of these foreign companies in Guanajuato are involved in manufacturing, and 29% are commercial operations which together represent an investment greater than 1,000,000,000 (one billion US dollars).
Due to changes in laws regarding foreign investment in Mexico (in 1993, 1995, 2001), 90% of all economic activities in Mexico are completely open to foreign participation and investment.
Mexico’s growing national economy, free trade agreements with 32 countries and geographic location provide great economic and logistics advantages to companies opening operations in Mexico.
In Guanajuato, 50% of all the foreign companies are located in the city of Leon (281), followed by Irapuato (71) Celaya (52), San Miguel Allende (31), Silao (26), San Francisco del Rincon (25), Guanajuato (19) and the rest (67) throughout the state.
Guanajuato occupies the first position for foreign investment of the all the Mexican states in the North-Central region.
Principal industries in Guanajuato that received direct foreign investment include:
- The automotive industry received US $ 874.2 million
- Processed food industry (concentrates, preserved products) received US $ 99.1 million
- Manufacture of paper, cellulose and derivatives received US $ 18.9 million
- Commerce of non-agricultural items received US $ 17.3 million
- Chemical manufacturing received US $ 15.9 million
- Clothing manufacturing received US $ 7.5 million
- Textile manufacturing received US $ 5.2 million
- Plastics manufacturing received US $ 5.4 million
- Food products received US $ 4.8 million
Who has invested in the State of Guanajuato, Mexico:
Country…. Investment (Millions of US dollars)…… %
United States of America……..1’ 009, 214.00………..92.7
Holland………………23, 277.90………….2.1
Spain………………….18, 234.00………….1.7
Germany……………14, 267.30………….1.3
Denmark……………..4, 913.90………….0.5
Taiwan…………………4, 426.00………….0.4
Others………………..14, 549.60………….1.3
Total: USD $ 1’ 088, 882.70 (Millions)
Related Links
Aumenta inversion extrañjera en el Estado de Guanajuato: SE (Spanish)
Secretaria del Economia de Mexico (English)
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