Interview:Cassiano De Stefano Describe the advantages of establishing or expanding a business in the state of Hidalgo. CASSIANO DE STEFANO: When a company seeks to invest a significant amount of resources in a particular location, there are several factors to consider, and having a government structure that is both diligent and efficient is a good first step. The government can help connect…
Interview:Omar Fayad Meneses What competitive advantages have consolidated Hidalgo as one of Mexico’s fastest-growing investment destinations? OMAR FAYAD: First of all, the government has conducted a series of regulatory reforms that have fully transformed the state’s business environment. We have put into place a one-stop-shop system that allows companies direct access to information,…
Interview:Desmond Mullarkey To what extent are local conditions suitable to ensure Mexico’s ICT sector is globally competitive? DESMOND MULLARKEY: Mexico is a wide-open market. Companies can come into the country and sell goods and services in one of the most open economies in the world. This offers an opportunity for many Mexican corporations, but it also forces them to be more competitive.…
Interview:José Luis Romo Cruz How has economic growth in Hidalgo led to greater development and less poverty? JOSÉ LUIS ROMO: Private investment has injected significant dynamism into Hidalgo’s business environment. It has boosted small and medium-sized enterprise expansion, which subsequently contributed to an increase in socio-economic levels for the local population as well as a reduction…
Interview:Aby Lijtszain Chernizky How important is the logistics sector to corporate strategy, and what developments in infrastructure can improve efficiency and productivity? ABY LIJTSZAIN: The logistics and transport industry is important to many companies in Mexico. Consumer goods companies, for example, have increased activity since improvements were made to delivery timing and network…
Interview:José Zozaya How competitive and efficient are Mexico’s railroads compared to those in the US and Canada? JOSÉ ZOZAYA: According to an OECD study on the global railway industry, Mexico’s network is one of the most efficient in Latin America. It represents a key element for competitiveness and economic growth by connecting the most important logistics centres in the country with…
Interview:Gustavo Puente Orozco What regulatory changes could further improve the business environment in San Luis Potosí and ensure the state’s competitiveness globally? GUSTAVO PUENTE: The government is working on tackling economic regulatory complexities by improving transparency and efficiency in the public sector. In May 2019 the government issued the State and Municipal Regulatory…
Interview:Hermann Bohrer How do you assess San Luis Potosí’s contribution to Mexico’s automotive industry? HERMANN BOHRER: The country has almost 60 years of experience in automobile manufacturing. Its automotive industry is accordingly mature not only in terms of suppliers, but also regarding its regulatory framework. Additionally, the state of San Luis Potosí offers a robust logistics…
Interview:Fernando Romero How would you describe the outlook for the real estate and construction sectors, and what projects to you see contributing to Mexico’s development? FERNANDO ROMERO: Since the cancellation of the new Mexico City airport and the subsequent measures taken by the local government, the construction and real estate sector has been experiencing a phase of uncertainty. In…
Interview:Miguel Torruco Marqués In light of the new multi-phase tourism policy, what diversification initiatives will be put in place to strengthen the industry? MIGUEL TORRUCO MARQUÉS: The government has set a series of inclusive tourism policies, whose benefits are expected to reach all segments of society, with fundamentals for the implementation of programmes focused on promoting business,…
