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Querétaro Denies Samsung Expansion Cancellation; Environmental Review Moves Forward

Querétaro authorities remain uninformed of Samsung’s project status despite processing its environmental review under trade-agreement uncertainty.

Overview

  • State officials say they have received no formal notice from Samsung about canceling or altering the refrigeration plant expansion.
  • Samsung acquired land and filed a Manifestación de Impacto Ambiental to enlarge its Querétaro refrigerator manufacturing facility.
  • The Korea Economic Daily’s report of a project cancellation over T-MEC uncertainties has not been confirmed by local authorities.
  • Authorities emphasize that Querétaro continues to offer legal certainty and a competitive environment for incoming investments.
  • Warnings of U.S. tariffs and ongoing trade-agreement ambiguity are shaping corporate investment considerations.