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Investment by Lingong Machinery Group for 5,000 million dollars is confirmed in Nuevo León
El Economista | October 17, 2023 |

During his work tour of China, Governor Samuel García reported that he managed to confirm an investment by one of the four leading companies in the construction industry, Lingong Machinery Group (LGMG Group), for 5,000 million dollars and the creation of 7,000 jobs.

With the installation of a plant from this company of Chinese origin, the growth of several regional industries will be stimulated, in addition to working in a sustainable manner, caring for the environment and making efficient use of treated water, the governor stated on his social networks.

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He explained that the project will be implemented in three phases: the acquisition of the land in October 2023; planning and construction in December 2023 and completion of the first phase in July 2024.

The project envisages establishing an industrial park with a total area of 10 hectares, and will focus on the creation of three distinct industrial clusters: processing and manufacturing, warehousing and logistics, and business support services.

The Asian company highlighted Nuevo León's unique location advantage, which serves as a gateway to the North American and Latin American markets. The city's excellent transportation and logistics infrastructure, along with its strategic proximity to the United States, make it an ideal location for international trade and investment.

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Lingong Machinery Group established in 1972, is one of the four leading groups in China's construction machinery industry. The group has more than 200 types of construction machinery products and parts, such as scraper, mining, road and mining machinery, trucks, aerial work platforms and small construction machinery, among others.

Lingong Group adheres to the development concept of “efficiency first, science and technology leads” and implements the management strategy of “intensive development, innovative development”.

In Solili you can consult industrial warehouses available in Ciudad Juárez and Tijuana

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