Queretaro, Qro. The canadian investment that the state receives has begun to reactivate, after the fall it had in the framework of the Covid-19 pandemic.
During 2021, Queretaro raised 214.2 million dollars of investment from Canadaannual figure whose closest reference is 2010, when it accumulated 267.6 million, according to records of the Ministry of Economy (I KNOW).
However, the investment in 2021 was four times greater than the 43.7 million dollars that were raised in 2020; It is even higher than 2019, when it was around 87.8 million. Meanwhile, in the first quarter of 2022, the entity received 20.6 million Canadian investment.
From 1999 to March 2022, investment from Canada amounted to 2,296.5 million dollars, placing it as the third largest investor in the entity, representing 11.7% of the 19,627.3 million dollars that the state has received from direct foreign investment.
In this context, the Secretary of Sustainable Development (Headquarters), Marco Antonio del Prete Tercero, specified that the entity seeks to strengthen its commercial relationship with Canada, because they are similar economies.
In that sense, he highlighted the participation that both economies have in the tertiary sector, one of the points in common.
“The Canadian and Queretaro economies are very similar (…) in both places we have a very strong, dynamic tertiary sector, in addition to the fact that we seek to promote the relationship with Quebec (…) we have worked hand in hand to strengthen the relationship with this Canadian province,” he pronounced.
economic dynamism
The Minister of Economy of quebecCanada, Lucie Lecours, highlighted that various companies from this province have established themselves in Queretarocontributing to the economic dynamism of the Mexican entity.
“Several companies of quebec have been established in Queretaro and they are contributing to the dynamism of this state. In addition to being an excellent place to expand (companies) ”, she exposed.
Mexico, he added, remains the main trading partner of the Canadian economy, within the Latin American region.
With the cumulative Canadian investment from 1999 to the first quarter of 2022, Queretaro It was placed as the seventh largest recipient of investment of this origin in the country, gathering 4.7% of the 48,945.6 million dollars that Mexico received in that period.
The state is only below Zacatecas, which has captured 6,925.7 million dollars (14.1%), Mexico City with 6,371.6 million (13%), Chihuahua with 4,576.7 million (9.4%), Sinaloa with 3,573 million (7.3%) , Coahuila with 3,317.1 million (6.8%) and Guerrero with 3,079.9 million (6.3% of the total).
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