Corner Office February 2015
Category: From The Corner Office
Published: 2015-02-25
“When Kia announced its arrival to Pesqueria, Nuevo Leon in August, the investment commitment was for US$1 billion intended for production of 300,000 units. But in two years of operation an output of 400,000 units is now projected. Eventually this will expand to a new production line that will produce a new vehicle every six months. Kia is reassessing its Mexican production and investment processes in order to manufacture new vehicles and grow its present capacity.”
Rolando Zubiran Robert, Secretary of Economic Development for Nuevo Leon
“Since taking office and working with the Legislature to resolve the state’s largest structural deficit, we’ve taken a responsible approach to spending that prioritizes available dollars on reform in education and improving economic growth.”
Susana Martinez, Governor of New Mexico
“The industry has increased the number of contracts and employees four to five percent in Monclova, Coahuila. We see a good start in the U.S. and we believe it will also be reflected in Mexico. There are investors visiting our companies and entrepreneurs investing in new machinery. This means there is a good outlook for 2015.”
Antonio Alvarez, President of the Monclova National Chamber of Industry (Canacintra)
“We see significant growth and according to the results of the Garita de Otay II study, there will be greater connectivity and competitiveness generated in the region.”
Xavier Peniche Bustamante, Secretary of Economic Development for Baja California
“We recognize and celebrate the decision made by the government of the U.S. and Mexico in regard to the bank’s capital increase. It will certainly position our institution where we can accomplish our mission of improving the environmental infrastructure and quality of life in the community on both sides of the border. At the same time, we hope to continue promoting public participation and transparency of projects.”
Geronimo Gutierrez Fernandez, CEO of NAD-Bank referring to the capital increase for the Binational Bank recently agreed to by Presidents Enrique Peña Nieto and Barack Obama.
“The industrial sector of Nuevo Leon projected growth of six percent this year. This will generate 25,000 jobs driven by higher exports and structural reforms. The government should establish immediate actions that encourage further private investment and positive recovery expectations to grow in a more sustainable way in 2015.”
Guillermo Dillon Montaña, Director of the Chamber of Industry (Caintra) of Nuevo Leon
“Crime is a scourge on our society, threatening our communities and citizens. As Texans, we must do everything in our power to combat crime and make our communities safer, particularly as our population continues to grow by leaps and bounds.”
Rick Perry, Governor of Texas
“The Energy Reform promoted by President Enrique Peña Nieto is now a reality that not only benefits Tamaulipas, but also attracts investors from the sector in addition to complementary actions that directly benefit all of the citizens in Tamaulipas. All this represents a strong revival of local economies with the arrival of gas companies in the area.”
Egidio Torre Cantu, Governor of Tamaulipas
“With the support of state and municipal government housing production in Baja California could triplicate and thereby increase employment, economic development, as well as social and urban development.”
Juan Fernando Abusaid Quinard, President of the National Chamber of Industry Development and Promotion of Housing (Canadevi) in Baja California
“We expect to see positive momentum in the California economy through 2015. Recent job growth has been stronger than the U.S. average. Lower gasoline prices are a boon to California consumers and to the state’s very important tourism industry,”
Robert Dye, chief economist at Comerica Bank
“During 2015 we will continue to give priority to Nuevo Laredo’s contractors in tenders for construction. This is intended to not only benefit the population with a better infrastructure but also help them grow with larger incomes.“
Carlos Canturosas Villarreal, Mayor of Nuevo Laredo
“NAFTA trucking is not going to change things much at the border. A key impediment to seamless cross-border trucking remains congestion at the border, due to lengthy waits to cross, long-haul trucking companies are unwilling to send expensive late-model trucks to the border and have them spend hours idling in line.”
Martin Rojas, vice president for security and operations at the American Trucking Associations regarding the opening of the border to long-haul Mexican truckers