Governor Marina del Pilar highlights advantages of Baja California at World Economic Forum in Switzerland

The governor explained that Mexico has had one of the greatest economic growths worldwide, with a strengthening of the currency against the dollar and a minimum wage increase

The governor of Baja California, Marina del Pilar Ávila Olmeda, participated in the World Economic Forum which took place in Davos, Switzerland. She attended the panels “Realismo económico de América Latina” and “Diálogos sobre las estrategias del país” where she highlighted the economic achievements of the Fourth Transformation, led by the president of Mexico, Andrés Manuel López Obrador.

The state governor highlighted the advantages of Mexico and Baja California in receiving new investments, particularly, the advantage of nearshoring in the border region.

It should be noted that Marina del Pilar is the first governor of Baja California to be invited to the World Economic Forum which takes places in this European nation, and that it is the world's most important economic event.

Keep reading: Marina del Pilar, first Baja Californian governor to be invited to World Economic Forum

"In the last few months, Baja California became one of the states with the highest economic growth. The peso is one of the currencies that has strengthened the most against the dollar. The minimum wage is one of the salaries that has grown the most worldwide and Mexico is one of the countries with the lowest levels of unemployment," she said during her speech.

The governor added that "in Baja California, nearshoring is something that has been going on for a long time, due to our own state's endogenous conditions. Today, nearshoring is fashionable and we are taking advantage of this great opportunity we have."

"We don't see two isolated countries. We see one region: Cali-Baja, where we have this corridor of innovation that is so important, that goes from Silicon Valley and travels through Baja California," she said.

"Big investments are looking for talent. That's why, we have more than 90 universities in Baja California. We are also Mexico's most important region regarding medical tourism," she explained.

In addition, Marina del Pilar claimed that in Baja California, during the two years of her administration, more has been invested in total in infrastructure than in the three previous administrations.

"We have invested 8.5 billion pesos in infrastructure. If we're talking about nearshoring, we have to invest in infrastructure. The government of Mexico is building in Tijuana the most important and modern port of entry in the world: Otay II. We are also developing Punta Colonet. In Baja California, things are happening," she said.

Marina del Pilar praised the economic policy of the president of Mexico, Andrés Manuel López Obrador, which has led to investors giving Mexico their trust. She also said that, right now, 80% of exports in Mexico are towards the United States, which places us as its first commercial partner.

"We cannot talk about growth without a wellbeing policy, which is what President López Obrador has been boosting a lot of in our country. Talking about growth and economic development without wellbeing results in very little. Those periods in time with a cheap workforce, which is what many spoke about in regards to Latin America, are over. Today we are talking about the creation of talent, of that magical formula between the private sector, universities, and the public sector."

With these ideas, she said that "one of the challenges that all Latin American countries have is the immigration issue. We have to keep paying important attention in regards to social and wellbeing investment. I think it is very important that, as Latin Americans, we all contribute to support people who are in a condition of human mobility."

As part of her activities in this European country, the state governor held a series of meetings with companies that have been set up in the state and which are interested in strengthening their investments, in order to develop projects that result in greater income and wellbeing for the families of Baja California.



  • Facebook

  • SanDiegoRed

  • New

  • Best

    Recent News more