Economy

150 million dollars will arrive in Baja California thanks to foreign investment: Marina del Pilar

Governor Marina del Pilar announced that 4 foreign companies will invest a total of 150 million dollars creating important jobs for young people

By Sergio Carrillo2023-07-06T03:49:00+00:00

Governor Marina del Pilar Ávila Olmeda announced that after an economic job promotion mission led by the state government, four European companies will invest a total of 150 million dollars in Baja California. These investments will allow for better paying jobs for young Baja Californians.

Marina del Pilar stated that this was possible due to the human talent in the state, as well as the logistic, geographical, and economic advantages that it offers.

During the 85th edition of “Wednesday Morning Press Conference with Marina del Pilar”; the state governor was accompanied by the deans of Universidad Autónoma de Baja California (UABC), Luis Enrique Palafox Maestre and Universidad Tecnológica de Tijuana (UTT), Salvador Morales Riubí, who represented these Baja Californian universities in this work mission that took place from June 14 and June 23 in France, Switzerland, and Italy.

In her speech, the governor emphasized the importance of promoting talent and innovation in Baja California’s youth which is why the state administration has promoted the coordination between businesspeople, schools, and the government sector in order to have more and better jobs for those graduating from colleges.

In addition, the Secretary of Economy and Innovation, Kurt Ignacio Honold Morales, and the Subsecretary of Investment Management, Rodolfo Andrade Pelayo, stated that more than 70 work meetings took place in these countries with companies in the electronic, hearing device, and sound industries, as well as the semiconductor and winemaking industries. This means that sectors in which Baja California has experience and national and international leadership are the main focus.

The dean of UABC said that the short, medium, and long-term goal is to have jobs that pay better and highlighted the meeting that was had with company Dassault Systemes, where they agreed to create a Center of Innovation and Digital Excellence in Baja California.

Meanwhile, UTT dean stated that it is extremely relevant that economic development continues to be promoted in the state, focusing on human talent in order to elevate manufacturing levels and put Baja California as a place capable of solving the needs of the global industry. Andrade Pelayo gave as an example that the company Sonova will invest 40 million dollars in the state to develop hearing devices and the Italian company RCF will invest 9 million dollars in Mexicali.