Coahuila Attracts Investments from Kikapú and GIMSA
Governor Announces Investment for Monclova and Frontera
Grupo Industrial Monclova and the Kickapoo Traditional Tribe of Texas have announced an investment of over 1,450 million pesos for two strategic projects. The projects include building an industrial park and setting up an automotive stamping company, which will create thousands of jobs in the Central region of Coahuila.
“Great news for the Central region of Coahuila. Alongside the Kickapoo Tribe and GIMSA executives, we’re announcing an investment of 1,450 million pesos for Monclova and Frontera, creating thousands of jobs. This investment is aimed at an automotive supplier company and constructing facilities to bolster industrial lodging in the area. In Coahuila, employment and investments are moving forward,” stated Manolo Jiménez, Governor of Coahuila, from Eagle Pass, Texas.
Jiménez emphasized that the government does not make investments directly but provides the conditions necessary for new investments like the one in Monclova. He praised the state's prosperity as a result of strong relationships with investors and job creators.
The investment is expected to generate more than 5,000 jobs in Coahuila's Central region. “We are pleased with the investment announcement through the GIMSA-KICKAPOO alliance, which will enhance our state with more than five thousand jobs,” added the governor.
Coordinated Efforts
Kendall Scott from the Kickapoo Traditional Tribe of Texas expressed that the investment is a prime example of coordinated efforts by the government to promote development with interested groups from Texas. “Today we seize the opportunity to join forces and create productive centers to improve our economy, generating more jobs and opportunities that will benefit our community,” Scott said.
Gerardo Benavides Pape Jr. from Grupo Industrial Monclova highlighted the historical significance of this alliance for Coahuila and nationally. “This binational indigenous community, the Kickapoo Tribe, provides a great lesson with this initiative, showing that despite adversities, they are committed to their land and the development of Mexico.”