Investment Projects and Economic Restructuring
Morelos, a state in Mexico, has successfully concluded eight investment projects worth over 200 million pesos (approximately 10.5 million USD) within its first year under the new administration, which began in October 2024. Governor Margarita González Saravia announced these achievements during her first state legislative report.
Investment Attraction and Job Creation
To attract productive capital, Morelos established the Investment Council, streamlining and facilitating the arrival of skilled labor opportunities within the state. The council has funded 32 strategic economic infrastructure projects, generating at least 3,200 additional jobs.
By organizing job fairs and labor linkage mechanisms, Morelos successfully placed over 8,500 individuals in stable employment, providing new opportunities and fostering economic growth.
Strengthening Agricultural Vocations
Morelos has prioritized a human-centered economic policy to generate dignified employment, bolster local economy, and capitalize on its agricultural strengths. The state aims to become Mexico’s first agroecological region.
With the installation of over 40 agroecological modules in 15 municipalities, Morelos has created the country’s first soil fertility map and advanced technological platforms to guide and improve local producers’ decisions.
In collaboration with the federal Secretary of Economy (SE), Morelos secured geographical indications for morelense mezcal, Yecapixtla cecina, and chinelo recognition. These achievements elevate the cultural, productive, and commercial value of Morelos’ traditions.
Tourism and Financial Discipline
Governor González Saravia has emphasized tourism as a key driver for local economic growth. Morelos acquired land for a new Convention Center, with construction starting this year. The state participated in more than seven national and international promotional fairs, positioning the ‘Morelos, Mexico’s Spring’ brand.
In terms of financial discipline, Morelos paid 71 million pesos in capital and 500 million pesos in interest on existing debt. The state granted subsidies and waivers for 245,000 tramites to alleviate the financial burden on Morelos’ families.
Key Questions and Answers
- What is the main focus of Morelos’ economic strategy? The strategy focuses on attracting productive capital, creating dignified employment, and strengthening the state’s agricultural vocations.
- How many investment projects has Morelos concluded? Morelos has successfully completed eight investment projects worth over 200 million pesos.
- What is Morelos’ goal in terms of agricultural development? Morelos aims to become Mexico’s first agroecological region by capitalizing on its agricultural strengths and implementing sustainable practices.
- How has Morelos supported its local economy through tourism? Morelos has acquired land for a new Convention Center, participated in promotional fairs, and positioned the ‘Morelos, Mexico’s Spring’ brand to boost tourism.
- What financial measures has Morelos taken to support its citizens? Morelos has paid capital and interest on existing debt, granted subsidies and waivers for various tramites, and alleviated the financial burden on families.
