ENGIE to Boost Local Economic Development

ENGIE México unveiled its "Supplier Development Program." This initiative aims to fortify ENGIE's value chain while enhancing economic conditions in the regions where it operates, particularly focusing on Southeast Mexico. The program is set to play a pivotal role in propelling MSMEs into the energy sector.

ENGIE is set to invest over US$2 billion in Mexico between 2024 and 2026. A significant portion of this investment will be directed toward implementing the Supplier Development Program. In the first stage, approximately 190 projects, amounting to MX$200 million (US$11.8 million), will be allocated to the southeast region, with a primary focus on promoting MSMEs.

ENGIE envisions that this program will have a direct and positive impact on the economic and energy growth of the regions involved. By fostering local participation and engagement, the program aims to contribute to the socio-economic fabric of these areas.

A key component of the program involves providing training and guidance to MSMEs. This process will empower these companies to meet the technical, operational, safety, and quality standards required to participate in ENGIE’s supply chain. Furthermore, it opens pathways for these entities to evolve into suppliers for other companies and industries.

Felisa Ros, Director General, ENGIE México, highlighted the significance of a robust and competitive supplier ecosystem for generating value in the communities where ENGIE operates and for the future of the Mexican energy sector.

State representatives from Campeche, Tabasco, and Yucatan have actively participated in the presentation of the program. Carlos Adrián García Basto, Director General, Energy Agency of the State of Campeche, emphasized the two-year collaboration with ENGIE to strengthen and promote the supply chain.