Jalisco seeks to establish itself as the “California” of Latin America

Jalisco will be the “California” of Latin America by providing certainty for investments and establishing itself as a strategic location for economic and technological development in Mexico, said Pablo Lemus Navarro, Governor of the State, at the opening of the Second Annual Congress of the Association of Industrial Parks of the State of Jalisco (APIEJ).

“This is what Jalisco is all about: it's inspiring, it's innovative. They say we're the Silicon Valley of Mexico, but we're going even further because we're going to become the next California of Latin America,” Navarro emphasized.

The state leader listed competitive advantages that give investors certainty, such as solid public policies on water and energy, and connectivity due to its privileged location in the west of the country.

Added to this is the progress made in relocating companies, as well as working together with the federal government to make the state the capital of semiconductors and, locally, to continue generating the labor force demanded by the industry.

The governor highlighted that, although there was a 0.7% growth in Foreign Direct Investment (FDI) at the national level, the state grew fourfold compared to the rest of Mexico, registering a growth of 2.8%.

"We are growing four times faster than foreign investment in our country. People are turning their attention to Jalisco, and this is where we have to do our job (...). The goal we have set for ourselves is to be the oasis of investment at the national level," he said.

Lemus Navarro reported that, at the same time, actions are being taken in Jalisco to promote investment and provide certainty for the economic development of private enterprise.

An example of this is the investment of US$1.2 billion that will be allocated to the 2025-2030 State Highway Plan, which includes the reconstruction of state roads and their multi-year maintenance throughout the six years of the current government.