Home Business-newBusiness IDB Regional Study Reveals Opportunities for Economic Development in the Yucatan Peninsula

IDB Regional Study Reveals Opportunities for Economic Development in the Yucatan Peninsula

by Yucatan Times
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The Yucatan Peninsula has the potential to attract investments and integrate into global value chains, according to a study conducted by the Inter-American Development Bank (IDB) and delivered today to representatives of the Government, business organizations, and academic institutions of the states of Campeche, Quintana Roo and Yucatan, as well as the Federal Government.

In the framework of a meeting to present the results of the study “Productive Opportunities linked to Trade and Investment in the states of Campeche, Quintana Roo and Yucatan,” the head of the Secretariat of Economic Development and Labor (Sefoet), Ernesto Herrera Novelo, representing the person in charge of the Governor’s Office, María Fritz Sierra, acting as head of the Executive Branch, highlighted the importance of cooperation between the three states of the Peninsula to promote joint economic development, highlighting the relevance of technological education and the knowledge economy.

In this regard, research professor Roberto Durán Fernández indicated that, in terms of the Knowledge Economy, in the state there are companies in the digital and software sector such as Accenture that have been based on SMEs and entrepreneurial projects for many years, thus generating capabilities and talent in this field.

The study collects the points of view of members of the private, social, and academic sectors, concerning the challenges they face in taking advantage of the global economic situation, determined by a process of reconfiguration of global value chains, which has intensified as a result of the geopolitical context, climate and health risks.

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