Michoacán, a safe and reliable destination for nearshoring: Bedolla

San Miguel de Allende, Guanajuato. – Governor Alfredo Ramírez Bedolla, said in a statement, that in Michoacán the confidence of the business sector has been recovered as it is a safe and strategic destination for investment and for nearshoring or the relocation of Asian companies.
In his speech at the El Gran Bajío Members Meeting 2023 event, where 200 business leaders participated, the president highlighted the work being done with the productive sector to enhance the economic development of the state and the Western and Bajio regions of the country.
“Michoacán plays a fundamental role in the investment route, the port of Lázaro Cárdenas is a world-class hub port and of the USMCA, where one billion dollars from ArcelorMittal have been invested, and in 2024 another 140 million dollars from APM Terminals will be added, and 220 million dollars from Hutchison Ports in 2024,” Shared.
In addition, the entity has 608 hectares available on Isla de la Palma for the settlement of companies, 384 hectares in the Bajío industrial park, and more than 100 hectares of the ElevaPark park developed by the private initiative.
“We have shipping connectivity with 150 ports around the world and the Canadian Pacific Kansas City rail route, which starts from Lázaro Cárdenas to the center and north of the country, to reach the United States,” he said.
Finally, he said that Michoacán has enough water and electricity, and the installation of photovoltaic fields is planned in 2,600 hectares for industrial service.
Also participating were the Secretary of Economic Development of the state, Claudio Méndez Fernández; the governor of Yucatan, Mauricio Vila Dosal; and state authorities from Guanajuato and Querétaro.

Original source in Spanish