In 2000, President Vicente Fox created the Plan Puebla Panama to promote economic and social development in the nine states in South-Southeastern Mexico and in Central America. The Mexican states are Campeche, Chiapas, Guerrero, Oaxaca, Puebla, Quintana Roo, Tabasco, Veracruz and Yucatán. The region is rich in natural resources and generates the bulk of Mexico’s foreign exchange revenues from tourism and oil. It also includes the states with the lowest GDP per capita and human development indices in the country.

      Campeche, as the region’s top performer, holds the fifth position nationwide. Yucatán, the region’s runner-up, is an average performer. The other seven states rank among the bottom 10 states in Mexico.

      When comparing specific indicators of the South-Southeastern states with the rest of Mexico and 174 countries around the world, the best performers stand out. Campeche is the top performer in the South-Southeast in both time and cost to start a business. The 32 days needed are three days less than the 35 days an entrepreneur spends in China, but 20 more than in neighboring Aguascalientes and Guanajuato. In terms of the cost, Campeche—with 6% of GDP per capita—is relatively more expensive than Germany (5.1% of GDP per capita), but is the most competitive state in Mexico.

            To register a property on the outskirts of Campeche, an entrepreneur must spend one day longer than his competitor in the United Kingdom, but nine days less than his Chilean counterpart. Veracruz is the cheapest state in Mexico when it comes to property registration. Internationally, it ranks number 36 out of...

...Continued in the pages of Twin Plant News, Subscribe Today!