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[BUSINESS] · Mexico · 4 sources

Mexico's states and Sinaloa seek coordinated push for industrial growth

Deputy Alfonso Ramírez Cuéllar called on Mexican states to work closely with the federal government to achieve the targets of Plan México and the Economic Package. He highlighted Mexico’s strong macro‑economic conditions, noting $41 billion in foreign direct investment, $723 billion in exports and $839 billion in bilateral trade with the United States, while urging greater fiscal capacity, local revenue collection and public investment at the sub‑national level to boost productive capacity and higher‑value manufacturing.

In Sinaloa, Economy Secretary Diego Aguerrebere met with industry group CANACINTRA and Governor Yeraldine Bonilla Valverde to strengthen industrial diversification, create better‑paid jobs and attract new investment. The discussion covered Sinaloa’s logistical advantages, its two ports, road links to Durango, and the federal “Polo de Desarrollo Económico para el Bienestar”. Participants also addressed financing schemes, university‑industry collaboration, workforce training, technology upgrades and simplification of administrative procedures to make the state’s industry more competitive.