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Guanajuato attracts 497 MDD in automotive sector investments in 2021

The most recent report from Directorio Automotriz detailed that Guanajuato attracted more than 26 projects for new plants or expansions, making it the state that attracted the most investment in the automotive sector in all of Mexico during 2021.

The report details that during the 4Q of 2021, 21 investment projects were received in the sector, coming from 10 countries. Of these, 8 correspond to new investments in industrial plants and 13 to expansions of existing plants.

The report details that during the 4Q of 2021, 21 investment projects were received in the sector from 10 countries.

It also indicates that 19 of the 21 investments registered in the last quarter of 2021 correspond to auto parts companies (Tier 1 and 2), while another corresponds to a raw materials company and finally one more to the construction of a new industrial park.

According to information provided by Directorio Automotriz, these investments attracted US$487.67 million, which generated at least 10,801 direct jobs and the construction of 667 thousand square meters of industrial land.

The greatest recovery was in direct jobs generated by these investments, a total of 38,543 job opportunities, representing a growth of 71.84% over 2020. In addition, the construction of more than 11.56 million square meters of projects (497.07% more than in 2020) indicates that the arrival of a large number of new investments and expansions is being prepared in the coming years.