Promoting Investment in Baja California Amongst the Asian Community

Each municipality offers distinct opportunities

MEXICALI.- The State of Baja California participates in venture capital seminars, from April 10 to 18, as part of a mission organized by ProMexico in Asia, reports the Sub-Secretary of Investment Development and Trade Promotion, from the Secretary of Economic Growth, Juan Antonio Martínez Zaragoza.

"We are working on repositioning Baja California as a Mexican investment destination, and we are looking to spread these opportunities in accordance with each municipalities main trade, as requested by Governor Francisco "Kiko" Vega de Lamadrid," said the Sub-Secretary.

The seminaries, attended by prospective investors, as well as promoters of these efforts – amongst them, Pedro Delgado Beltrán, Director of Promotions for the Secretary of Economic Development, Eduardo González, State Director of ProMexico and Flavario Olivieri, Director of Economic and Industrial Development of Tijuana – are to be held in South Korea, Taiwan and Japan.

Included on the agenda for South Korea, was a meeting with the Director of International Affairs for Latin America and the Caribbean of the Chamber of Commerce and Industry in Korea, Mr. Lim Chung Hyun, during which commercial and investor opportunities were discussed and the preparatory efforts which South Korea is undergoing for Mexico's president, Enrique Peña Nieto's visit to the country – which is scheduled for the second half of this year – were applauded.

With the participation of the Mexican Ambassador to Korea, José Luis Bernal and the Commercial Aggregate of ProMexico for that country, Alejandro García, the investment opportunity seminar was held. In attendance were seminar representatives, as well as 17 Korean companies, which are interested in investing in Mexico. Additionally, there were meetings with global executives and auto parts suppliers for manufacturers.

In the end, the Sub-Secretary said that although Baja is in competition with other states, such as Guanajuato, Queretaro, Chihuahua, Nuevo Leon and Aguascalientes, there is great confidence in the solid competition that Baja can provide, as well as experienced, certified labor and a clear political impulse to innovate and facilitate the pull for investments that are more technologically focused and of a greater collective value.

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