Jalisco attracts investment from automotive providers

The head of the Ministry of Economic Development (SEDECO), Jose Palacios Jimenez, affirms that automotive supply companies are keeping their projects unchanged, and they will be installing headquarters at the Industrial Park Colinas de Lagos in Lagos de Moreno, Jalisco. In this park, 20 projects from automotive supply chain companies are in process, with joint investment valued at US$1 billion plus the creation of over 4,000 direct jobs. SEDECO prospects that this State will capture FDI of roughly US$1.1 billion during this 2017, that is, an amount similar to that of 2016. Mr. Palacios affirms that the promotion to investment and market diversification for international exports, will be reinforced.