| Villahermosa Industrial Profile |
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POPULATION The city of Villahermosa has an estimated population of 545,433, which equates to 31.83% of the state’s estimated population of 1,817,703. STATE DESCRIPTION Traditionally Tabasco’s primary source for economic activity has been the petroleum industry. A wide range of agricultural, aquaculture and fishery, and forestry based industries and services also exist in Tabasco. With 120 Miles of shoreline along the Gulf of Mexico and a fluvial system that covers most of the state’s surface, Tabasco represents 1% of the national territory and 30% of the country’s hydrological resources. LOCATION The state of Tabasco is located in the southeastern region of Mexico. Bordering with the states of Campeche, Chiapas and Veracruz and with the Republic of Guatemala. REGIONAL INFLUENCE The state of Tabasco is using oil industry revenues to generate a shift towards industrial diversification. Commerce and services represent 60% of the GDP. Sectors with the highest growth rate are Construction 16.8%, Mining 14.8%, and Services 2.2%. Presently, agriculture and cattle breeding represent 7.5% of the GDP. Tabasco is well known as one of the most important producers of primary products for the cattle industry. The main agricultural products are tropical fruits such as banana, coconut, papaya, watermelon, cocoa and citrics as well as other cultives such as sugar cane, rubber and pepper. PROXIMITY TO U.S. CITIES (Distances by land and sea to the principal ports of the Gulf of Mexico)
The Workforce DEMOGRAPHIC IMPACT EMPLOYMENT CONSIDERATIONS UNEMPLOYMENT PERCENTAGE Click Here To Register AVAILABILITY of LABOR SKILL RANKING Workers are described as bright and easily trained. Villahermosa is an entity with approximately 14,730 commercial establishments, 4,539 schools, 126 libraries, and 427 medical units. EDUCATION and TRAINING In 1997 the state governments’ expenditure in education represented almost 70% of the total state budget. The following is a current breakdown of the education system of Villahermosa.
TURNOVER RATES Villahermosa has long had a reputation for Click Here To Register The Operation The wage rates below are the product of a survey done by the state government on certain industrial parks. Monthly salary for executives and employees in US dollars not including benefits
Source: Bancomext 1999-$9.00/USD Hourly salary for laborers in US dollars, including obligatory benefits
Source: Bancomext 1999-$9.00/USD Exchange rate at $9.50 pesos per $1.00 US INDUSTRIAL COSTS Electricity USD @ 9.40
Source: Bancomext 1999-$9.00/USD Costs increase 1% per month Fossil Fuels USD @ 9.40
Source: Bancomext 1999-$9.00/USD Costs increase 1% per month Water USD @ 9.40
Source: Bancomext 1999-$9.00/USD INDUSTRIAL REAL ESTATE A current survey of industrial parks in the city of Villahermosa with a variety of options, reveal the following average prices per sq. ft. in US dollars.
Source: Bancomext 1999-$9.00/USD Exchange rate of $9.40 pesos per dollar INFRASTRUCTURE The state of Tabasco and the city of Villahermosa are economically based largely on the Petroleum industry; therefore the infrastructure is largely developed to suit the petroleum industry. Tabasco’s position as the strategic center for southern Mexico, is complimented by growing infrastructure and communication facilities. The state has ready access to transportation networks, which include communications by air, sea, rail, road and rivers. Two ports are poised to serve the emerging markets of Central America. Dos Bocas Harbor is the main port serving the national oil industry and Frontera Harbor is focused to commercial activity. Tabasco has an extensive river system fed by two major rivers of Mexico. The Highway and railroad systems are connected to air, and sea and the industrial infrastructure provided by the three industrial parks which are located in Villahermosa. TAXES Exemption of the 2% payroll tax for up to two years based on the amount of the investment and jobs created. Preferential rates on taxes of legal documents, registration fees and contracts. Application of the minimum rate (0.1%) on property taxes for up to two years. Application of the minimum rate on land acquisition taxes. The Support SERVICE and SUPPLIER COMPANIES Villahermosa has the necessary industrial zones and infrastructure to host light, medium and heavy industries. Most of the maquilas in the state today are Petroleum based operations however, there is also an agro industrial base The Politics UNIONS Villahermosa has long had a reputation for harmonious labor realtions. ASSISTANCE Tabasco has implemented strategies targeted to make it a competitive entity with respect to other states and regions in the country. Some of the available incentives are listed below.
OTHER BIG NAMES
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The Conclusion Because of its geographical location it is ideal for exporting and shipping intensive operations. Companies in the petrochemical industry might do well to consider the state of Tabasco. |
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