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  HOME | Mexico

Chinese Investors Interested in Mexican State of Michoacan, Governor Says

SHANGHAI – The governor of the western Mexican state of Michoacan said on Thursday at the end of an official visit to China that investors in the Asian nation had expressed a great deal of interest in his region.

“This trip has been the start, the seed, and we’ve seen that there’s a lot of interest, so we’re going to maintain very frequent (contacts),” Silvano Aureoles told EFE in an interview.

The idea is to “set up a contact office here and follow up when business leaders express interest,” Aureoles said.

The governor took part Thursday in a dinner with potential Chinese investors in Shanghai, where he touted business opportunities in his state and particularly highlighted the new special economic zone in the Pacific port of Lazaro Cardenas.

“It’s Mexico’s most important port (and the one) with the biggest growth potential,” Aureoles said, adding that tax incentives make it an attractive alternative for Chinese companies.

The politician, a member of the center-left Party of the Democratic Revolution (PRD), said the goal of the trip was to further strengthen relations with China amid a context of strained ties with the United States, Mexico’s biggest trade partner, since President Donald Trump took office.

 

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