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. market, skilled workforce, and competitive operating costs. These advantages have encouraged the development of new industrial projects and the acquisition of land reserves by developers.
Currently, the country’s industrial inventory amounts to nearly 90 million square meters in key markets, with a low vacancy rate that reflects a healthy balance in the sector. This stability has generated confidence among developers and investors, who are focused on meeting the growing demand for industrial spaces from both domestic and international companies.
Each year, the inventory is estimated to grow by nearly 5 million square meters of gross leasable area, representing approximately 5% of the national total. These figures highlight Mexico’s ability to adapt and meet the needs of the global market.
Among the sectors driving this momentum, the automotive industry remains one of the most stable, while sectors such as logistics and e-commerce are gaining prominence.
The country’s regions display specific characteristics in terms of industrial activity:
– Northern Border Zone: Dominated by the automotive industry and export manufacturing sector.
– Mexico Valley: Primarily focused on logistics and e-commerce.
– Bajio: States like Queretaro, Guanajuato, San Luis Potosi, and Aguascalientes stand out for their activity in manufacturing and logistics.
– Western Region: Guadalajara exhibits similar behavior to Mexico Valley, with high participation in logistics and e-commerce.
A trend gaining attention in Mexico is the relocation of semiconductor companies, particularly those migrating from China. This shift presents a significant opportunity for the country, positioning it as a key player in the global supply chain for this strategic industry.
With the growing demand for industrial spaces, Mexico continues to establish itself as an attractive hub for foreign investment. This dynamism not only strengthens the country’s economic infrastructure but also contributes significantly to its sustainable development and integration into global trade.
Nearshoring, combined with confidence in the sector and the country’s competitive advantages, will remain a vital catalyst for industrial growth in Mexico in the coming years.
Source: https://shorturl.at/E0sfF
