During this year, 13 investment projects for the automotive industry have been completed in Querétaro for 4,904 million pesos, which together add up to 1,324 new jobs for the sector, said the Secretary of Sustainable Development (Sedesu), Marco Antonio Del Prete Tercero .

In this sense, he highlighted the participation of the manufacture of transportation equipment in the attraction of Foreign Direct Investment, which in the first half of the year captured 24.1 million dollars, according to the Ministry of Economy (SE).

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The automotive industry, he added, also has an important impact on the value of Queretaro's exports, since in the first half of the year exports for the manufacture of transportation equipment amounted to 3,722.7 million dollars, 46.1% of the total that was around 8,083.7 million.

Regarding the productivity of the sector, in January-July the manufacture of transportation equipment produced a value of 64,160 million pesos, an increase of 17% compared to the same period in 2021.

“Querétaro in the production value of auto parts is in ninth place, it is the tenth entity that contributes the most to the national total,” added the secretary. The state's automotive industry reflects a clear recovery compared to the pre-pandemic period, with the contribution of 26% of manufacturing production, a sector that has grown positively.

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Giving an overview of the state's automotive sector, he explained that although there are no light vehicle assemblers, there are heavy vehicle assemblers, light cargo vehicles, as well as the manufacture of entertainment or sports vehicles, which add auto parts manufacturers.

In this regard, the president of the Automotive Cluster of Querétaro, Renato Villaseñor Mendoza, specified that this industry generates about 80,000 direct jobs through 350 Tier1, Tier2 companies, which together generate more than 200 automotive systems and components.

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