Baja California stays competitive in attracting investments
Tijuana Baja California.- Baja California keeps and enhances its leadership in receiving private investment, both domestic and foreign, thanks to an intense retention and attraction policy implemented by the State Government, where fiscal incentives, support for technological development and innovation, as well as promotion decentralization to local business organizations stand out, according to Paulo Alfonso Carrillo Regino, Deputy Secretary, Economic Promotion with the Ministry of Economic Development.
Last year, Baja California received a significant amount of private investment, namely US$2.362 billion, higher than the US$2.335 billion reached in 2010 and the US$2.057 billion from 2007.
This is proof that, in spite of adverse economic conditions in the last few years, which add to other factors such as lack of safety, Baja California remains as an attraction pole for new investments and growth of companies already established here.
Source: Siglo 21 | Date: 26/03/2012