The governor of the Mexican state of Nuevo Leon, Samuel Garcia, said Taiwan's Quanta Computer will invest '$1 billion more' in his stateTaiwan's Quanta Computer confirmed it had"investment plans" in Mexico on Wednesday after the governor of Nuevo Leon announced the company would pump an additional $1 billion into his state.
"Quanta has investment plans in Mexico and will gradually advance based on customer demands and business development plan," it announced in a filing to the Taiwan Stock Exchange on Wednesday. Quanta's statement comes a day after the governor of the northern Mexican state of Nuevo Leon announced an investment of"$1 billion more" from the company after a successful pilot project.
He added the investment was"just for equipment and technology transfer" in the first phase, and that land and construction would still need to be factored in.The state is home to Monterrey city, where Elon Musk's Tesla is currently building a $5 billion new"gigafactory".