China will invest US$40 million in Coahuila

Category: Investment
Published: 2019-10-10
China will invest US$40 million in Coahuila

COAHUILA – New companies from China that will bring an investment of US$40 million confirmed their arrival in Coahuila, said Jaime Guerra Pérez, Secretary of Economy.

The investments are going to be announced by the state governor and is part of the favorable balance that brings the tour to China, where he has worked for two years.

One of the companies that will arrive in Coahuila is dedicated to the manufacture of components for air conditioning, while the other is for the production of plastic products for the same automotive branch.

These automotive companies will create 1,200 direct employment sources and are in the process of acquiring their territorial reserves in the state.

These two investments are accompanied by an association that has 30,000 members who work to come to Mexico and settle near the United States.

They seek to convince 1% of their partners to build an industrial park in Coahuila, where they would have development centers, services and everything necessary for some 300 companies they could attract.

Source: El Diario de Coahuila