Doing Business in Chihuahua Ciudad de Juarez (Mexico)

Course summary Doing Business in Chihuahua Ciudad de Juarez (Mexico):

Chihuahua represents Mexico’s fifth largest state economy. The Gross Domestic Product (GDP) of Chihuahua was exceeded 371 billion pesos in 2010, and contributed 2,97% of Mexico´s national GDP. Chihuahuas’s population accounted 3.2% (3,406,465) of Mexico’s total population in 2009.

Chihuahua is ranked as second place among the states in maquila and manufacturing foreign direct investment destination. Chihuahua received 1.414 million dollars in Foreign Direct Investment (FDI) in 2010 (864 million dollars in 2009), which represented 8% of FDI received in Mexico (7.6% in 2009). Of all the FDI received by the state, most was directed toward the manufacturing industry, followed by the mining industry. The State of Chihuahua has 20 percent of the nation's aerospace jobs.

The state of Chihuahua is:
- First export manufacturing in Mexico.
- First in generating added value (IME).
- First place in personnel employed by manufacturing exports (IME).
- Second place in the reception of FDI (manufacturing sector)
- Second place in maquiladora establishments.
- Fifth national economy.
- The cities of Chihuahua and Juarez are the third and ninth in quality of life of the country.

A maquiladora is a Mexican assembly or manufacturing operation that can be subject up to 100 percent non-Mexican ownership. A maquiladora utilizes competitively priced Mexican labor in assembly processing and/or other manufacturing operations, allowing these operations to bring in most capital equipment and machinery from abroad.

Chihuahua Capital was among the top 20 cities in Latin America to do business (source: America Economia Magazine). One of the biggest industries in Ciudad Juarez is the automotive industry.

Chihuahua is the only state in Mexico to have two cities ranked in the top 20 most populated. El Paso and Ciudad Juárez comprise one of the largest bi-national metropolitan areas in the world with a combined population of 2.4 million people.

Example of the course Doing Business in Chihuahua Ciudad de Juarez (Mexico):

Interceramic began operations in Chihuahua, Mexico in 1979 as a ceramic tile manufacturing company with the most innovative technology at the time. Today it is one of the largest ceramic tile manufacturers in North America with a total production capacity of approximately 450 million sq ft per year in nine facilities housed in four different manufacturing complexes: three in Chihuahua, Mexico and one in Garland, TX in the US.

Grupo Bafar is one of the leading companies in the Mexican food industry; they integrate the production, distribution and sale of food products, with a solid share within domestic and international markets. Sales for the second quarter of 2011 amounted to $1,482 million pesos (U.S. $122.9), compared to $1,407 million pesos (U.S. $110.1) from the same period last year, a growth of 5.3% (11.6% in USD). This growth was driven by the 3% increase in sales volume.

The mission of the El Paso Regional Economic Development Corporation (REDCo) is to maintain a healthy local economy by recruiting business and industry to the region consisting of El Paso, Texas; portions of southern New Mexico and the state of Chihuahua, Mexico.