Juarez City.- The lack of electrical energy has put on hold between 14 and 16 investment projects in Ciudad Juárez, said the president of the Business Coordinating Council (CCE) in Chihuahua, Federico Baeza Mares.
These are, he said, investment projects for electronic, medical devices and the automotive sector, which are not ‘planned’ to start, since there is no availability of energy.
The business leader explained that there is interest among firms in settling in the state, however, labor and the issue of electrical energy, he said, are the main challenges to take advantage of the ‘nearshoring’ trend.
Regarding labor, he pointed out that in the city of Chihuahua there is a situation of full employment and currently around 8 plants are under construction, which are estimated to generate close to 40 thousand jobs.
Given this panorama, he considered that it will be necessary to attract labor from other regions of the state for its operation.
The president of Coparmex in Chihuahua, Salvador Carrejo Orozco, previously pointed out that the lack of electrical energy represents a challenge to take advantage of the phenomenon of relocation of productive chains or ‘nearshoring’ and has led industrial parks, mainly in Ciudad Juárez, to invest resources to generate electricity based on gas and diesel equipment.
Suboptimal performance
He explained that, although the state of Chihuahua has benefited from the phenomenon, its performance as a country is suboptimal and the attractiveness of Mexico could be better capitalized on due to its geographical position; however, there are several limitations.
One of them that is very important, he reiterated, is the lack of electrical energy capacity to continue capturing Foreign Direct Investment (FDI) opportunities. For the president of Chihuahua Futura, Sergio Mendoza Vidal, the challenges to capitalizing on investment opportunities are having sufficient talent, that is, the personnel who will work at all levels of the companies.
A second challenge is to have agile entries and exits of merchandise to the city, that is, roads, airports, freight, everything that makes it easier for the company to receive raw materials and ship finished products.
And the third is to guarantee a favorable environment for business, which implies what the federal government must provide for the development of businesses, such as the rule of law, security and electrical energy.
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