• Economy

    OBG provides coverage of the major macro-economic trends within local economies, including GDP growth, government budgeting, public debt, balance of payments, monetary policy and long-term development strategies.
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Compared to three other sectors selected as strategic by Hidalgo’s state government, the chemical-pharmaceuticals sector has additional room to grow in terms of the aggregate amount of investment that has arrived during the tenure of this administration.

In what sense did the reforms enacted earlier in the decade help to boost the energy sector?

According to an OECD statement delivered in May 2019, SMEs will play a key role in the economic development of Hidalgo. The organisation suggested that the state should look to create “a more strategic vision to integrate local programmes with funding and leverage the National Entrepreneur Fund”. The fund, however, no longer exists; it was created in 2013 as an initiative of...

In 2006 local conglomerate Grupo UNNE and Hong Kong-headquartered Hutchison Ports signed a strategic alliance to build the Intermodal Logistics Terminal of Hidalgo (TILH) in Tula, in the west of the state. Francisco Orozco, commercial director for Mexico at Hutchinson Ports, told OBG that the agreement envisioned “the terminal of the future”. The TILH became the only...

With the state capital, Pachuca, just 90 km north of Mexico City, Hidalgo’s location has long been a draw for investment. Economic growth in the country’s capital has attracted even more attention to the central state as it is the only flat territory that Mexico City and its suburbs can expand to. Its strategic location has brought transport and logistics infrastructure, as...

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