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Guadalajara, Mexico.- Economic uncertainty still prevailing in international markets and the coming elections have taken down growth goals of Jalisco Industrial Parks Association, Asociacion de Parques Industriales de Jalisco (APIEJ).
Even if in the first quarter they reported investments for around US$400 thousand in real estate construction, Gilberto Gonzalez Caballero, Chairman, assured that in coming months they will wait and see.
“The growth was rather in spec construction, I think we are now focusing on built to suit projects, more than having empty buildings in a year that, I think, is uncertain for everyone” he said in an interview.
Therefore, upon closing 2012 APIEJ is expecting to materialize investments for at least MXP$12 million, 50% less than last year.