Korean entrepreneurs inquire about Monclova

Category: News
Published: 2016-09-02

Representatives of two Korean companies from the automotive sector held a reunion with municipal authorities to present a project to build new factories with capital investment of US$15 million and the creation of 150 new jobs during the first year of operation.

The mayor Gerardo Garcia Castillo offered the businessmen bundle incentives including a payment plan for taxes and reduced fees for the establishment of partnerships.

Before the meeting ended, Garcia Castillo reasserted that the buildings could be installed on lands north of the city, like INFAC Corporation did recently, thanks to the support from the Ministry of Economic Development and the security authorities from the State.

Source: Vanguardia