Guanajuato confident of maintaining foreign investment flow

Guanajuato will remain a reliable destination for Foreign Direct Investment (FDI), with working tours and active efforts to attract companies, said Governor Libia Dennise García Muñoz Ledo, who, while acknowledging a scenario of global uncertainty, is confident in established companies and the continuity of the automotive sector.

“Major automotive companies such as Honda, Toyota, and Mazda have reaffirmed their confidence in the state” during a recent working tour in Japan; “the important thing is to provide certainty for investment,” she told the media.

According to data from the Ministry of Economy (SE), Guanajuato recorded US$700 million in FDI during the first quarter of the year, ranking fifth among the states with the highest attraction.

When comparing the figures with the same period last year, in which it attracted US$948 million, there was a 26% drop, in line with 21 other states that showed decreases. Analysts consulted by this media outlet attributed this behavior to the uncertainty generated by the tariff policies of the United States, the country's main trading partner and with which it also has strong ties in the automotive sector.

Referring to the strategies implemented by his administration, she highlighted that Guanajuato has managed to guarantee sufficiency for its industrial sector. We have presented public-private investment projects to the federal government that were well received, particularly in the area of energy cogeneration, to ensure that companies that arrive do not lack energy.

The renegotiation of the Treaty between United States, Mexico and Canada (USMCA) represents another important factor for the state; this process will be decisive in consolidating the stability required for investment in the region.

“We will continue working to maintain the conditions that have positioned us as one of the most attractive states for investment in the country,” García Muñoz Ledo said.

This confidence in the arrival of foreign capital is also based on advances in competitiveness and security; recently, the state achieved its best historical position in the State Competitiveness Index (ICE) of the Mexican Institute for Competitiveness (Imco).

“This is the result of sustained social policies over time, rather than immediate solutions,” although “significant challenges remain in education, particularly in preventing school dropouts. This phenomenon, which affects the entire country, requires special attention in the state, an issue that, according to this analysis, we must continue to improve,” admitted the governor.

The renegotiation of the USMCA represents another important factor for the state; this process will be decisive in consolidating the stability required for investment in the region.