In 2025, Sinaloa is set to see a significant boost in Foreign Direct Investment (FDI), with four major industrial projects projected to bring in over 30,000 million pesos.
The Economic Reactivation Plan, presented by the executive to the Chamber of Deputies, aims to drive Sinaloa’s development by attracting private investment from both national and international investors.
Key Projects
One of the standout projects for 2025 is the reactivation of the GPO plant in Topolobampo, Ahome. With an initial investment of 600 million dollars and an additional 1,000 million dollars allocated for further construction, the total investment will reach 5,000 million dollars. The GPO plant will not only produce fertilizers but also methanol and other derivatives, creating 2,500 direct jobs during the construction phase.
Another significant project is Mexinol, also located in Topolobampo. This plant will produce green methanol and is set to become the largest of its kind in the world. The government is actively supporting and monitoring this project to ensure its success.
Ongoing Developments
In southern Sinaloa, Tetakawi, a company specializing in advanced manufacturing, has commenced operations with a projected investment of 300 million dollars. This project was made possible by Congress’s authorization to allocate 40 hectares for its development. Governor Rubén Rocha Moya highlighted Tetakawi’s commitment to long-term growth through the construction of industrial warehouses for its clients.
Additionally, the Japanese company Sumitomo is progressing with the construction of a new plant in Escuinapa. Currently employing 300 people, the plant aims to increase its workforce to 1,000 jobs by 2025. Sumitomo already operates 11 plants in the state.
Investment Milestones
During Governor Rubén Rocha Moya’s administration, Sinaloa has accumulated 1,604.2 million dollars in Foreign Direct Investment, marking an 11.5% increase from the previous administration’s 1,439.1 million dollars. This achievement represents 80.2% of the six-year goal outlined in the State Development Plan, which targets 2,000 million dollars for the current administration period.
Source: Debate