Vallejo-I Closes 2022 With Great Investments, Prospects for 2023
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Vallejo-I Closes 2022 With Great Investments, Prospects for 2023

Photo by:   EJ Yao, Unsplash
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Sofía Hanna By Sofía Hanna | Journalist and Industry Analyst - Fri, 12/30/2022 - 15:09

The most important industrialization project of the Metropolitan Zone of the Valley of Mexico, "Vallejo-i," has received more capital, closing 2022 with MX$14.403 million (US$739,074). The new resources translate into the opening of 35 new companies for Vallejo, mainly in the pharmaceutical and logistics sectors. 


"New businesses have opened. We are not only talking about micro-businesses or small businesses; we are also talking about large businesses and investments in the Vallejo area. These are great investments for Mexico City. There are 35 new investments, both from national and foreign companies," said Minister of Economic Development (SEDECO), Fadlala Akabani. This year's investments are concentrated in logistics, green manufacturing, Industry 4.0, back office and design sectors, with a large part of the resources coming from Honeywell, Neolpharma, Park Vallejo, O'Donnell, Bimbo, Alpla, Áximo and Prologis Chrysler.


Between 2018 and 2021, MX$500 million (US$25.6 million) were invested in public works, while the Private Initiative was close to MX$6 million (US$307,883). Akabani pointed out that not only will the Vallejo-i project closed this 2022 with good performance levels, but also, as of Nov. of this year, 474,323 economic units were registered in Mexico City, which represents an increase of 3,956 units with respect to the 470,367 reported in April 2020, according to INEGI’s National Statistical Directory of Economic Units (DENUE).


It is considered that the growth of the project will continue given the opportunities it creates, thanks to its location in the center of the Metropolitan Zone, connectivity and transportation, the existence of railroads with access to Pantaco, the infrastructure for the distribution of natural gas that covers most of its surface and its proximity to universities that promote the link between industry and academia, providing specialized labor.

In addition, according to SEDECO’s Electronic System of Notices and Permits for Commercial Establishments (SIAPEM), the nation's capital broke the record for the opening of low-impact businesses during the current administration, with 21,560 new companies, 7,301 more than in 2020, and 215,505 new jobs generated in 2022, 77,960 more than in 2020. "This means that, contrary to the scenario that many had dictated in terms of business closures, it is clearly demonstrated that this is not the case and that, on the contrary, there are more businesses than there were before the pandemic in Mexico City," said Akabani.

Photo by:   EJ Yao, Unsplash

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