enes

The Industrials of Jalisco Analyze Possible Damage from Dragon Mart

Vallarta Business News
Typography
  • Smaller Small Medium Big Bigger
  • Default Helvetica Segoe Georgia Times
Star InactiveStar InactiveStar InactiveStar InactiveStar Inactive
 

acanNo later than May 15 will be ready the study carried out by the private sector in all states, to determine the damage that could cause the Dragon Mart project, said the leader of the industrial state, Juan Alonso Niño Cota.

In an interview, the coordinator of the Council of Industrial Chambers of Jalisco ( CCIJ ) emphasized that the study will be presented to the National Confederation of Chambers Industrial ( CONCAMIN ), which in turn will lead to the results Economy Secretary Ildefonso Guajardo.

He stressed that the goal is to add to more productive sectors to target curb Drangon Mart project, which has 10 percent of its construction in Cancun, Quintana Roo.

He said that according to the analysis already done by CONCAMIN, Dragon Mart affect the social, economic and foreign trade in Mexico theme, with an impact on the first year of a five per cent in industry, in the second of seven and the third of 10 percent.

Juan Alonso Niño Cota said that for every percentage point increase purchases from China , there is a reduction of 0.125 percent in the Gross Domestic Product ( GDP ) Mexican domestic product, which translates to about 1.25 billion dollars or almost 17 ​​billion pesos.

Sign up via our free email subscription service to receive notifications when new information is available.