Queretaro’s Aeronautical Cluster, the most important in Mexico

Queretaro’s Aeronautical Cluster, the most important in Mexico

Queretaro’s aeronautic sector could become the most important one in Mexico, with over 8,000 jobs generated this year and FDI worth over US$3 billion in the first trimester of 2015. In addition, Queretaro has become a preferential point for national and foreign investors, as it has a wide variety of possibilities for infrastructure linked to the aerospace industry, competitive advantages, etc. According to reports from the last 10 years, the State has achieved a 17% sustained annual growth. 45% of foreign investment stays within this sector, thus consolidating Queretaro as an economic leader. According to the Labor Ministry Delegation, Queretaro is the first FDI recipient for aerospace sector with 47.9% of national foreign investment for this sector; Baja California is the second, with 12.9% and Chihuahua is third, with 11.2%.

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