Key Projects and Impact on the Region
During his seventh announcement of investments in less than three years of his administration, Governor Julio Menchaca revealed the attraction of over 117 billion pesos, resulting in the creation of 157,624 jobs. Currently, there are a total of 104 local, national, and international projects betting on the competitive advantages offered by Hidalgo.
- 104 projects, including local, national, and international initiatives, are underway in Hidalgo.
- These projects aim to leverage the region’s competitive advantages.
Séptimo Anuncio de Inversiones
The seventh announcement comprises 16 companies investing a combined 27.625 billion pesos, generating 28,217 direct and indirect jobs. This surpasses the figures reported by previous state administrations.
Recognition from Brazil’s Ambassador
Nedilson Ricardo Jorge, Brazil’s Ambassador to Mexico, acknowledged the work being done in Hidalgo: “The governor of Hidalgo has demonstrated that it is possible to attract long-term investments, supported by adequate infrastructure, effective public policies, and committed human capital.”
He further emphasized that Brazil and Mexico, through international cooperation, not only constitute large markets but are also diversified and complementary economies in productive integration and strengthening economic ties.
Sedeco’s Update on Project Status
Carlos Henkel Escorza, Secretary of Economic Development in Hidalgo (Sedeco), mentioned that two municipalities, Tula and Zapotlán, are part of the 14 development poles announced, thanks to President Claudia Sheinbaum’s strategy.
He also reported that out of the 88 projects from previous announcements, 61% are already operational, 22% are under construction, and the remaining 17% are in the permitting stage.
Elam Faw Trucks’ Investment Decision
Ernesto del Blanco Arjona, President and CEO of Elam Faw Trucks, highlighted their choice of Hidalgo for investment due to its favorable environment, quality communication routes, logistical advantages, and mature institutional framework.
Key Questions and Answers
- What is the total amount of investments announced in Hidalgo? Over 117 billion pesos.
- How many jobs will these investments create? 157,624 jobs.
- How many projects are currently underway in Hidalgo? 104 local, national, and international projects.
- What did Brazil’s Ambassador to Mexico recognize about Hidalgo’s investment efforts? He acknowledged the governor’s ability to attract long-term investments supported by adequate infrastructure, effective public policies, and committed human capital.
- Which municipalities in Hidalgo are part of the 14 development poles announced? Tula and Zapotlán.
- What percentage of previous projects are currently operational, under construction, or in the permitting stage? 61% operational, 22% under construction, and 17% in the permitting stage.
- Why did Elam Faw Trucks choose Hidalgo for investment? Due to its favorable environment, quality communication routes, logistical advantages, and mature institutional framework.
