Chihuahua City strengthens its economy

Chihuahua, Chih.- The City Government of Chihuahua, through the Directorate of Economic Development and Competitiveness (DDEyC), reported that during 2022, several actions were carried out to strengthen the industrial sector, which translates into a greater boost to the economy for the benefit of the families of Chihuahua Capital. In this sense, several support agreements were made for the Municipality's clusters through the Chihuahua Cluster City initiative, Chihuahua City Invest, consultancies in Quality Management Systems, Chihuahua Green City, business strengthening programs, dual education programs in companies, AWS welding certifications, prototype development; more than 14 programs were detonated for the development of suppliers, with the participation of 150 companies, which have increased their turnover by 24 percent and 20 percent their operating efficiency. The DDEyC also provided support for events such as: Expo Wiretech, Industrial Switch, Mining Business Meeting, Expo Agroalimentab, Expo Normativa, Industrial Networking, and the Industrial Women's meeting. Thanks to this joint work with the State Government and the productive sector, the business ecosystem of the city has been strengthened and more than 21 new investments and expansions of companies already located in the municipality have been achieved. Some of the most representative are SOFI, Honeywell, VTC West, Jabil, GKN, among others, which makes Chihuahua the fourth state this year with the highest Foreign Direct Investment, with an amount of USD 1,683 million dollars. From January to November 2022, more than 18 thousand jobs have been generated, 7 out of 10 employed people have labor benefits; and October 2022 represented, with 3,739, the best month in employment generation in the municipality since June 2017, which totals a period of 64 months. The vision for 2023 is to detonate incentive and support programs for small and medium-sized companies, as well as entrepreneurs, to implement programs for new technology sectors, greater productive linkages and certifications for local companies. Source: El Puntero https://elpuntero.com.mx/inicio/2023/01/04/conoce-que-acciones-realizo-municipio-para-fortalecer-la-economia-de-la-ciudad-durante-el-2022/