Great growth potential by automotive industry in Queretaro

In the last five years Queretaro has become one of the regions with the largest development in manufacturing industry, after receiving investments for over US$1 million. The State of Queretaro has received investments for US$1.028 billion in the last 2 years from the automotive sector, as a result of new domestic and foreign companies, as well as the expansion of companies already established here. 100 new companies have established here, not only from the automotive sector, but also aeronautics, food and information technologies industries. And, if this were not enough, US$1.5 billion more are expected to be invested in 90 new projects currently being negotiated by the State government and the private sector.