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Chihuahua 21st Century Project: Driving Economic Success

Explore Chihuahua's booming economy with over 100 Fortune 500 companies and key industrial advancements. Discover how the state's strategic location and innovation have propelled it to global competitiveness.

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Chihuahua 21st Century Project: Driving Economic Success

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  1. CHIHUAHUA 21st CENTURY PROJECT

  2. CHIHUAHUA: Main Features • 262,000 kms2, 13% of Mexico • 3 million inhabitants • 26 industrial parks • 6 economic regions • 8 economic poles • State with largest industrial employment • Concentration in automotive and electronics

  3. SUCCESSFUL ECONOMY MORE THAN 100 OF FORTUNE’S 500 COMPANIES ESTABLISHED IN THE STATE • FORD MOTOR CO. • NORTH AMERICAN PHILIPS • UNITED TECHNOLOGIES • ZENITH ELECTRONICS • TDK • JOHNSON & JOHNSON • LOCKHEED • CHRYSLER • TOSHIBA • THOMSON • KENWOOD • GENERAL ELECTRIC • GENERAL MOTORS • DATA GENERAL • AMERICAN YAZAKI • HONEYWELL • ESSILOR • SIEMENS • BAXTER • BENDIX • TRW • MOTOROLA • ELEKTRISOLA • IBEROMOLDES • PHILIPS...

  4. ANTECEDENTS • A study of the State’s economy 35 years ago sponsored by the private sector. • The traditional sectors of the State started going down (agriculture 35% of GDP as compared to today’s 7%). • The slowing of the maquiladora industry in the 80’s. • The recession of the US in the 80’s.

  5. MAIN CLUSTERS BY REGION

  6. IMPORTANT ACHIEVEMENTS The State of Chihuahua became: • The preferred location for foreign investment • The main creator of employment in the country (largest industrial employment) • 2nd. Place in global competitiveness • 2nd. Place in technological investment

  7. THE HUMAN PROCESS AND OTHER IMPORTANT FACTORS • The need to form alliances • The lack of sectorial or regional networks • Foreign control of decisions • A culture of individualism • The need to trust • The State government as an engine • The need to create a dialogue

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