Invest in DurangoMéxico

Business Opportunities

Rául A. Correa, MBADirector

Durango Trade & Investment Office

DurangoGeographic Location

Industry Clusters in Durango

Automotive Industry Electronic Industry Mining Textil and Apparel

Industry Forestry Industry Information

Technologies

Electronic Industry

The electronic industry is a new area of development for the State of Durango, the installation of LG-Philips in the eastern part of the State, with substantial growth and future exports that could top 800 million US dollars, will allow the development of a new industrial cluster bound to the steel products/manufacturing, injected plastics and consumer products among others.

Automotive Industry

This cluster makes up the fourth link of this productive chain. Durango counts with established suppliers for the automotive sector through which diverse companies offer products such as, air conditioning and heating units, automotive radiators, automotive harnesses, electric motors, internal combustion motors.

Mining

Mining activity in Durango has been an important sector of the economy for more than 400 years, it was the reason the city was founded back in 1563 and most of the historic center of the Capital, in itself was built with its monies.

Forestry Industry

620 industries benefit from the vast natural resources of certified forests by the Forest Stewardship Council. The State is, the number 1 producer of lumber in México with 30% of the country´s demand.

The Corporación Durango the most important producer of paper in Latin America stands out with its production of paper, containers, packaging, and cellulose.

Textile and Apparel Industry

The textile and apparel cluster, outstands as the second producer of denim pants in the world as well as in the tailoring of dress apparel for brands of international prestige.

This industry in its more than 128 establishments employs well over 32 thousand workers in the State.

Textile and apparel industry outstands in manufacturing and has soon become the main export motor and employment generator troughout the State. There are 210 apparel and 8 textile manufacturing industries in Durango. 99.08% compete in the exporting area; 92 of them using PITEX (Temporal Import Program for Export) and 128 as Maquiladoras.

Information Technologies

The State of Durango has world class telecommunications services. The fixed line network has increased 79% during the last six years. This along with local talent and proximity to dominant markets like that of the USA, has positioned the State as a most attractive location for IT and software development companies.

The Governor Ismael Hernandez Deras is strongly pursuing the development of this cluster

Incentives

INCENTIVES AND SUPPORT OFFERED BY THE LAW OF PROMOTION FOR THE ECONOMIC DEVELOPMENT OF THE STATE OF DURANGO

Total exemption of the Tax on Pay-Roll for up to 4 years. Exemption on the payments of the inscription rights in the

Public Property    Registry in 25% to 60% for industrial companies, and of 15% to 50% for commercial    and services companies.

Paperwork help for the acquisition of industrial sites and premises.

Training scholarships of up to 60 days, during the training period, through the    State Employment Service.

Paperwork and registries help before Federal, State and Municipal offices.

Promptness of paperwork for the granting of services.

Incentives

For companies which generate more than 500 employment's or that are catalogued as of strategic importance for the State · Site leveling.· Construction and /or paving of access roads. · Construction of acceleration and/or deceleration lanes. · Construction of power works. · Construction of water outlets.· Construction of artesian wells. · Construction of residual water collectors. · Construction of railroad spurs.

Commercial Trades

Trade Agreements Since the enactment of the North American Free Trade

Agreement (NAFTA) in 1994, México provides long-term assured access to the North American market composed of nearly 400 million people with a combined GDP of over $9.4 trillion ($U.S.).

The trade agreements between the U.S., Canada, Colombia, Venezuela, Chile, Bolivia, Costa Rica, the European Union, Nicaragua, Israel, Honduras, El Salvador and Guatemala make up a potential market of more than 500 million consumers. These agreements allow exportation to these countries without having to pay any imposed tariffs on certain goods.

United States, Canada, China, Japan, Taiwan, Italy, England, Germany, Austria, Swizerland, Turkey, Dubai, Pakistan, Peru and Cuba... are already our customers.

Successful CompaniesEstablished in Durango

Sumitomo Corporation Tyson Foods York International Yazaki Industries Corporación Durango Jones Apparel Group Grupo Armas Linamar Industries International Wire.

Benefits of Establishing a Company in Durango

All foreign companies who stablish operations in Durango can benefit from the Trade and Investment Office in San Antonio, Texas

Establishing commercial links Exporting Importing New market searching

Any Questions?

Thank you!

Raúl A. Correa, MBADurango Trade & Investment Office

www.promociondurango.gob.mxrcorrea@durango.gob.mx