Published On: Fri, Feb 14th, 2014

Yucatan Manufacturing Sector with estimated sales of 20 billion USD per year

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The manufacturing sector of Yucatan, with sales estimated at 20 billion dollars per year, remains as the number one industry in export and cargo transportation by sea in the State.

In the election of the new Board of the Association of Yucatan Exportation Manufacturers (Asociación de Maquiladoras de Exportación de Yucatán), the new president, Mariana López Aguado Palencia and former president, Gerardo Díaz de Zavala spoke about the panorama in the manufacturing sector, about the plans to bring new investments and  highlighted the success they achieved in their protest against the tax reform.

Mariana Lopez, who will be in office for one year, said that her main challenge as the new industry leader, is to monitor that the federal government comply with the extension of not applying IVA to temporary imports of raw materials, and that all the Association members achieve the tax certification to exempt this payment.

The manufacturing sector has 32 fixed and established companies and generates 21,000 direct and 8,000 indirect jobs in the State of Yucatan.

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Board of the Association of Yucatan Exportation Manufacturers. (Photo: http://yucatan.com.mx)

 

Source: http://yucatan.com.mx

 

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