Economy and Industry
This state originated around the times of colonial Spanish influence. It is located in the middle of the country and is now beginning to make a name for itself as an industrial power within Mexico. The state was once a major silver miner and a major source of railroad transportation, the latter due to its strategic location, midway between the three most populous areas, namely Mexico City, Guadalajara, and Monterrey.
In the rural area, Aguascalientes was once the largest national producer of grapes and wines. This tradition ceased gradually due to the Spanish Royalty's wishes that grape and wine production be limited to the mother country. Thanks to the influx of immigrants into Mexico, the wineries and vineyards remain and flourish. Guavas are also produced in the state.
There are several projects for economic development such as : the Financial District Rio San Pedro, a monorail, a suburban train, the construction of the newest and most modern WTC in Mexico, over four shopping malls, two theme parks, two Executive Hotels and one whose qualification is five stars, eight bridges for the next five years, a Financial District around the Airport, A Texas Instruments Assembly-Test Plant, A Nissan Assembly plant, a Toyota assembly plant and several others projects place Aguascalientes as the third most competitive state in Mexico with more than US$12,000,000 in foreign direct investment per year (around 8 percent of Mexico's FDI) even though its population is just about 1.03 percent of the country.
However, recently it has also benefited from heavier tourism, since the capital city has gained prestige and status as a national destination for its colonial beauty and cleanliness. In addition, the haciendas and baths around the state have historic and recreational importance.
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