The Americas Economy

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In addition to significantly expanding its manufacturing base, Guanajuato has also come a long way in building upon its roots in agriculture. For centuries Guanajuato has hosted a range of agricultural activities, with the sector traditionally being the primary source of income for much of the state. Over the last 20 years in particular many...

 

Since the beginning of its industrial history, innovation has played a major role in Hidalgo’s development. It was in Pachuca that Bartolomé de Medina discovered the so-called patio process, which uses mercury amalgamation to extract silver from ore, back in 1554. This innovation would go on to be used in the global mining industry for 300...

 

The wide-reaching transport infrastructure that connects the state’s industrial areas and population centres is one of Guanajuato’s key strengths. In fact, Guanajuato is widely considered to be one of the top-five states in terms of the quality of its infrastructure. Even more importantly, the investment practices implemented so far are likely...

 

Posting a GDP growth rate of 3.9% in the first half of 2017, Nuevo León outpaced the national economy, which grew at a rate of 2.5% over the same period. Despite a challenging year of slow growth in 2016, the manufacturing sector remained the main driver of the state’s economy in 2017, with the Chamber of Industry of Nuevo León (Cámara de la...

 

Indicators suggest that Hidalgo’s education system has been sharply improving for several years. The percentage of 19 to 25 year olds in Hidalgo who are in, or have completed, higher education has risen from 5% in 1995 to 33% in 2015. But much of this investment in education often leaks out of the state because economic activity has not grown...

 

What initiatives are being taken to ensure a high level of foreign direct investment in the state?

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