Aguascalientes Projects Economic Growth Three Times Higher Than the National Average
Aguascalientes anticipates economic growth three times the national average, fueled by new automotive investments and strong financial stability.
During a presentation on the economic outlook for the entity, Mauricio Duarte, Regional Director of Grupo Financiero Banorte, emphasized that new investment projects, particularly in the automotive sector, will play a crucial role in this development. Specifically, the operational launch of new Nissan plants in Aguascalientes, relocating from Cuernavaca and Argentina, during May and June, will generate significant momentum not only for the main companies but also for the automotive parts supply chain, which accounts for a substantial portion of job creation and economic spillover. Roberto Díaz Ruíz, President of the State Business Council of Aguascalientes (CEEA), underscored the importance of financing to materialize these projects and highlighted the essential role of leveraging government support programs, such as the SIFIA program, which promotes economic growth in the region. Díaz Ruíz also called for the efficient utilization of available resources, as they are often not fully utilized within the fiscal year. In terms of financial stability, Duarte highlighted that Aguascalientes remains one of the most compliant states nationwide, with a non-performing loan portfolio of just 0.6% in financial institutions such as Banorte. Furthermore, he noted that the procedures for accessing financial products are increasingly accessible, while maintaining a prudent approach to ensure a healthy portfolio. This year, the banking sector plans to allocate approximately 5 billion pesos to the region, which will strengthen local economic dynamism. Business leaders agreed that Aguascalientes is solidifying its position as a model of stability and compliance, which continues to attract investment and position the state as a benchmark for growth in the country. The post
first appeared in Líder Empresarial.
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