Ensenada captures investments for more than US$419 million

ENSENADA – The city of Ensenada has raised more than US$419 million in private investment from both national and foreign origin.

The mayor of the city, Marco Novelo, pointed out that thanks to the approach and facilities provided by the XXII City Council of Ensenada, a total of 20 strategic investments with a value of US$419 million were reflected between 2017 and 2019.

He said that the investment corresponds to 11 companies in the hotel industry; seven companies in the field of energy and automotive, plus two investments in shopping centers.

“These investments reinforce confidence and come to consolidate the development and potential that Ensenada has in hotel, industrial, and construction matters in general,” said Novelo.

Source: El Imparcial