Chinese Industry to invest in Baja California

Category: News
Published: 2019-01-28

With the geographical advantages offered by Baja California, the talent of its people, as well as Mexico’s strategy to strengthen the implementation of the Trans-Pacific Partnership Treaty (TPP), more investments of Chinese origin are expected to arrive in the region this year.

This was reported by the General Consul of the People’s Republic of China in Tijuana, Yu Bo, during the first monthly meeting of Asociación de la Industria Maquiladora y de Exportación (INDEX) Coastal Zone.

The diplomat explained that one of the reasons to invest within the region, is because Baja California has the right environment for the economy because it has local talent and several important points such as the existence of a port in the city of Ensenada, being the closest to the Asian continent, as well as the advantage of being right next to the United States.

“There are more investments arriving in Tijuana, the same companies that are already, have increased their production and this makes it a point of attraction for more companies and suppliers, although this does not rule out seeking local partners, which would be a great advantage because we would generate a value chain,” said Yu Bo.