At the recent meeting of the Mexican Association of Industrial Parks (AMPIP), significant data were presented on the growth and dynamism of the industrial real estate sector in Mexico, reflecting not only solid progress in recent years but also the potential for expansion and the challenges to be faced in the future. The sector has shown impressive growth in terms of net absorption, with a significant...
Nuevo Leon emerges as a key player in the landscape of foreign direct investment (FDI) in Mexico among the current context marked by the growing phenomenon of nearshoring and anticipation of projected economic challenges for the year 2024. As highlighted by a CMIC consultant, the state stands out by leading this momentum with a total of 30 investment projects, amounting to a substantial figure of $5.855...
The industrial market in Guadalajara closed out the year 2023 with a positive performance, characterized by a notable increase in demand for industrial buildings. With a cumulative gross absorption of 342,000 square meters, representing a 15% increase over the previous year, the region is experiencing a boom in industrial economic activity. During the last quarter of the year, demand focused on...
Reynosa, Tamaulipas emerges as a catalyst for opportunities in the Mexican industrial landscape. With a projected industrial investment exceeding $325 million dollars for 2024, the city becomes a magnet for economic growth and job creation. This 141% increase compared to the previous year not only reflects investors' confidence in Reynosa's potential but also the ongoing development and expansion of...
The phenomenon of companies relocating closer to their final market, known as nearshoring, has generated several positive impacts in Mexico, such as job creation, technology transfer, strengthening of public finances, and boosting domestic supplier companies including those in the industrial real estate sector. As external variables that have driven nearshoring, we could highlight the disruption of...
Irapuato, Guanajuato witnessed a momentous occasion as finnish company METSO inaugurated their new facility, marking the expansion of operations in the region. The newly unveiled plant, the third one in Irapuato, is exclusively dedicated to the production of polymer for filter press applications, underlining METSO's commitment to innovation and growth. Between 2019 and 2023, METSO made a significant...
The relocation of businesses, known as nearshoring, had a significant impact on the industrial real estate sector in Mexico, giving rise to over 350 construction projects throughout the year. Driven by the growing demand from companies seeking to move their operations to the country to leverage its proximity to the United States. By the close end of December, indicators revealed that a total of 5.6...
Until 2021, Mexico ranked fourth position as a global producer of auto parts. However, factors such as nearshoring, the USMCA (T-MEC in Spanish), and the presence of Chinese automakers have propelled the national industry significantly. With Tesla's introduction, the rise of Chinese brands in the Mexican market, the USMCA, and, above all, nearshoring, Mexico intensifies its competition with Japan for...
