The relocation of companies to Mexico, known as nearshoring, is solidifying as a key driver of the country’s economic growth. This phenomenon accounted for the absorption of approximately 1.7 million square meters of industrial spaces, representing 35% of the total for the period. Mexico continues to position itself as an attractive destination for investment, thanks to its proximity to the U.S....
Queretaro has solidified its role as a benchmark in the export industry, reporting an estimated growth of 4% to 5% during 2024, according to data from the Export Industry Association of Queretaro, A.C. (Index). This increase highlights the strength of the manufacturing sector in the state, aligning with the overall economic growth of the region. Looking ahead to 2025, several investment projects...
The northern region of Mexico reaffirms its leadership in the industrial market by recording a demand of nearly 160,000 square meters in November 2024, representing 40% of the national leasing total. This region is made up of eight key industrial markets: Monterrey, Saltillo, Reynosa, Ciudad Juarez, Chihuahua, Tijuana, Tecate, and Mexicali. It continues to attract investments due to its consistent growth...
The Mexican industrial market continues to demonstrate unprecedented dynamism, driven by key sectors such as manufacturing, logistics, and the nearshoring strategy, which keeps attracting foreign investments to Mexico. In the first eleven months of 2024, the demand for industrial spaces has shown significant growth, exceeding last year’s levels by 15%. This translates to more than 70 new investments and...
The real estate sector in Mexico continues to experience steady growth. During the third quarter of 2024, a construction record was set, reaching 5.9 million square meters across the country. This growth reflects an increase in demand and investor confidence, both domestic and international, driven by favorable market conditions and a positive economic environment. In the first half of 2024, Foreign...
The industrial growth driven by nearshoring has been crucial for the development of certain states in Mexico, thanks to three of its regions with the strongest opportunities: the Border, Bajío, and Center. We can see that some states in the Northern Border, such as Nuevo León, Chihuahua, and Coahuila, stand out for their state-of-the-art infrastructure and global competitiveness. These states lead...
From January to September 2024, Guanajuato achieved a record of $29.9 billion in exports, representing a 14.39% growth compared to the same period last year. This result solidifies the state’s position as the fifth-largest exporter in Mexico, standing out as the leading non-border state exporter. Exports have a positive impact on the local economy, directly benefiting over 230,000 Guanajuato...
In today’s global landscape, where companies aim to streamline supply chains, Mexico stands out as a prime location for nearshoring, allowing international firms to bring operations closer to key consumer markets. Mexico’s unique advantages with proximity to the United States, a well-developed manufacturing infrastructure, and strong trade agreements like the USMCA, positioning the country as a...
Ramos Arizpe solidified its position as Coahuila's leading industrial hub, distinguished by rapid employment growth and strong investment appeal. Over six years, formal employment registered with the IMSS has surged from 80,000 to over 120,000, marking a significant 50% increase. This growth is a testament to the region’s commitment to fostering an investor-friendly environment, where companies not only...
The AMPIP has announced a development program for 128 new industrial parks in Mexico, aimed at strengthening the country’s logistics infrastructure and attracting new investments. This project, which involves an estimated investment of between $6.2 and $8.6 billion, will generate significant economic and social dynamism, creating tens of thousands of direct and indirect jobs. The Mexican industrial...
