Countries such as China, Canada, India and US are interested in investing in the mining industry in Baja California, which represents 2% of the Gross Domestic Product (GDP) of the State.

The head of Secretaría de Desarrollo Económico del Estado (Sedeco), Carlo Bonfante Olache, said that China is very interested in investing in the entity, especially in the south of Ensenada.

"They want to come to set up a smelter in Ensenada, in order to capture the iron in the southern areas, so we are very interested in this project," he said.

For this reason, it is important to create an integrated iron foundry that will detonate the economy in the region based on mining, which does not exceed 2% in the state.

"Compared to other states like Sonora with a GDP of 22%, there’s a lot to learn and develop regarding the mining industry" he added.

It is not a very strong industry, he said, but they have already started with the integration of Consejo Estatal Minero, which did not work during the last state administration.

"Today we have the advantage that we can transform these mineral products and at the same time there is an economic spill throughout the state," said Bonfante.

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Top News

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  ["core_title"]=>
  string(59) " Refrigerators investment to increase Sonora-Arizona trade "
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Arizona Governor Doug Ducey presented a 2020 budget proposal of US$700,000, which would improve refrigerated capacity at international customs between Sonora and Arizona to increase international trade.

In social networks, the president of Arizona said that "Arizona is open to business, and we have investment proposals to bring more trade through the Mariposa checkpoint in Nogales.

The Governor's Office said that the expenses would attract new imports to the international port, and the Fresh Produce Association of the Americas (FPAA) based in Nogales.

The group of investors said in a statement that the investment would help the state to add jobs and increase its tax base.

FPAA president, Lance Jungmeyer, assured last fall to supervisors in Santa Cruz County, Arizona, that 4 prefabricated cold storage units would cost between US$800,000 and US$1 million.

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Refrigerators investment to increase Sonora-Arizona trade
Arizona Governor Doug Ducey presented a 2020 budget proposal of US$700,000, which would improve refrigerated capacity at international customs between...
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  string(19) "2019-02-13 16:25:49"
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  string(48) "55 investment projects are negotiated for Sonora"
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CIUDAD OBREGÓN – 55 investment projects are being negotiated by authorities of Secretaría de Desarrollo Económico of the State of Sonora for this 2019, although it is unknown how many of these plans are projected for the south of the State.

Leonardo Ciscomani Freaner, undersecretary of Desarrollo Económico of the State, estimated that at least between 12 and 15 of the projects will be completed, although it is unknown for which area of the entity it will be.

"We are working very hard to achieve the investment, which correspond to areas such as space, electronics and mining, these are strategic areas of the State of Sonora," he added.

The advantages that the 55 prospects see in the state are: proximity to the United States and the presence of the port of Guaymas, which would facilitate the exit of various products by sea, and that despite the statistics Sonora continues to be a safe state for investment.

Source: El Imparcial 

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55 investment projects are negotiated for Sonora
CIUDAD OBREGÓN – 55 investment projects are being negotiated by authorities of Secretaría de Desarrollo Económico of the State of Sonora for this...
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  string(73) "74.5 % of the workforce in Baja California Sur belongs to tourism: Setues"
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In the last quarter of 2018 there were reported more than 296,000 people working in the tourism sector of Baja California Sur.

The minister of Secretaría de Turismo, Economía y Sustentabilidad (Setues), Luis Humberto Araiza Lopez, pointed out that 74.5% of the existing workforce in the South Californian territory corresponds to tourism.

The sum of efforts , allows increasing the arrival of visitors to all destinations in Baja California Sur and generate a greater economic flow, added Minister Araiza.

"We are a state with a tourist vocation and the professional development we have sustained in this industry has allowed us to position ourselves as a national benchmark in terms of economic growth," said Araiza Lopez at the conclusion.

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74.5 % of the workforce in Baja California Sur belongs to tourism: Setues
In the last quarter of 2018 there were reported more than 296,000 people working in the tourism sector of Baja California Sur. The minister of Secret...

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