Government Introduces Incentives to Attract New Investments
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Government Introduces Incentives to Attract New Investments

Photo by:   Erik van Dijk
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Paloma Duran By Paloma Duran | Journalist and Industry Analyst - Thu, 06/15/2023 - 10:29

The Mexican government introduced a decree to promote the relocation of businesses and investments closer to the Interoceanic Corridor. FONATUR announced the electrical substation is at a 96% completion rate. In addition, Nuevo Leon Governor Samuel Garcia inaugurated the first edition of the global electromobility forum America’s Mobility of the Future in Nuevo Leon.


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SICT Announces New Fiscal Incentives for Interoceanic Corridor

The Mexican government launched a series of new fiscal incentives to promote investment in the Interoceanic Corridor’s development hubs. These are designed to foster economic growth in Mexico's southeast region and to foster its regional development. The objective is to reduce regional inequalities and promote investment in the region, creating employment opportunities and increased wages for the local population.


Electrical Substation Will Provide Service to Mayan Train

The completion of an electric substation will ensure energy sufficiency for the Mayan Train and the Peninsula. Progress stands at 96%, explained Javier May, Director General, FONATUR. The substation is expected to prevent power outages affecting the population, as well as the electrified Section 3 of the Mayan Train, supported by the use of clean energy, according to a FONATUR press release.


Nuevo Leon: Global Hub for Electromobility

In the first edition of America's Mobility of the Future, the governor and industry leaders highlighted Nuevo Leon’s potential to become a global hub for electromobility. Pulling from its foreign direct investment (FDI) inflow, the state is building inclusive transportation schemes to capture its potential as an innovation hub.


Sinaloa Government Attracts Numerous FDI Projects

Sinaloa remains a reliable and attractive destination for investors, explained the state Minister of Economy, Javier Gaxiola Coppel, during the breaking-ground ceremony of the Walmart Supercenter Lola Beltrán in Culiacan, Sinaloa on June 6, 2023. Sinaloa has attracted US$1.3 billion in Foreign Direct Investment (FDI) and over US$1.5 billion in local investment incentivized by the State Council for the Promotion of Investment and Economic Development (CEPROFIES), according to a press release by the Sinaloa government. 


Mexico City’s ECOBICI Reaches 3.8 Million Trips

The Mexico City Government announced, during the celebration of World Bicycle Day and via the Ministry of Mobility (SEMOVI), that, since the launch of the new bike-sharing system, ECOBICI, 3.8 million trips have been made, covering a total distance of 7.8 million km. SEMOVI said this is “the equivalent to 204 trips to the moon.” 


Photo by:   Erik van Dijk

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