Nuevo León Surpasses $135 Billion in Investments, Governor Highlights Economic Leadership

Nuevo León has solidified its position as Mexico's economic powerhouse, attracting over $135 billion in investments during Governor Samuel García's nearly five-year administration. The state now leads the nation in all productive indicators, according to García.

During a government briefing, García, accompanied by economic and labor secretaries, detailed Nuevo León's economic achievements. The state ranks first nationally in attracting new investments, both domestic and foreign. It also leads in manufacturing GDP, accounting for 12.7% of the national total, and in manufacturing employment, with 682,000 formal jobs. Furthermore, the state boasts the highest average monthly household income in Mexico, reaching $39,011 pesos, and hosts over 500 large manufacturing companies.

García emphasized that his administration was the first in Mexico to reactivate the economy during the COVID-19 pandemic's fifth wave. He contrasted the current $135 billion in foreign investment with the $11 billion from the previous government, expressing hope to reach $150 billion by October. He noted that this influx of capital translates into tangible benefits for the state, including land purchases, tax revenue, construction activity, and job creation.

The governor also highlighted the prevailing labor peace in Nuevo León, with no strikes recorded in over 28 years. He stressed that the state's security, infrastructure, water supply, roads, logistics, and energy are vital for attracting foreign investment, as these are primary considerations for international companies. García also pointed to the FIFA World Cup as an opportunity that showcased Nuevo León globally, with FIFA recognizing it as the second-safest host city.

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that helps the state a lot, because it is money that was not here, it was in Sweden, Korea, Taiwan. That translates into companies buying land when they arrive in the state, paying property taxes, starting construction, employment, cement, glass, aluminum, steel, HR, jobs and then paying good jobs.