The document states that "other regions of the country have begun a process of industrialization, which has increased competition for both public and investment resources from the domestic and foreign private sector." Therefore, among SEDECO's goals there is a comparative analysis among the states that compete with Baja California for investment. It is unbelievable that at this point SEDECO has just started to work on a comparative analysis.

The document also says that "as compensation for the impacts to the approval of VAT at the border, 150 million Mexican pesos from federal resources will be managed." If the Federal Executive branch did not offset the border in 2014 or 2015, we doubt that it will do the same later, on a tight budget that is subject to the current financial reality.

Among SEDECO's goals there is the one to identify 20 inputs requested by the local industry. That way, the level of analysts and promoters of this department, who aim to increase the participation of local companies in supply network of exporting companies without having already detected at least 20 inputs requested by the local industry.

They will also seek to develop an Export Companies Directory by product type. It is inadmissible that they don't have one yet.

The guiding document for the actions in the economic sphere of the administration of Francisco Vega also has among its ambitious goals to "grant awards to 10 business groupings". We doubt that they are eager for recognition; what they are actually eager for is for the requests in infrastructure, security, coordination and transparency to be met. We are surprised about this, being that the holder of SEDECO is the former president of the Business Coordinating Council.

Regarding the document's additional goals, it is stipulated within it that another five clusters will be formed. It does not specify their nature, and we don't know why they are aiming for this, if those that already exist don't support get any support from them.

They are also aim towards reducing the rate of informality to a level below 15%. It would be interesting to see how they manage to accomplish this. In the quarter from January to March 2015, the lower levels of informality in Mexico were observed in Coahuila, with a rate of 35.4%, followed by Nuevo Leon, with 36.1%. Baja California walks in at 38.2%.

Among the goals there is also the one that aims towards participating with 3.5% of the investment coming at a national level (currently Baja California captures 3.6%); to reach the 10th place in the "Doing Business" ranking; to train 3,000 companies annually; drafting the creation decree of the Strategic Economic Border Zone; perform 600 business meetings; increase the number of patron records by 5%; to increase the funds allocated to support MSMEs by 12%; to perform 4,000 company visits to identify problems that hinder their expansion, and create 300,000 formal jobs.

Among many goals they forgot an essential one: to establish the level of growth that they expect for the Gross Domestic Product; just a tiny, almost unnoticeable detail.

After presenting "Baja California's 2015-2019 Sectorial Economic Development Plan" the only confirmed fact was that... Continue reading article here

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