Some 400 companies from Asia want to settle in Mexico, which will strengthen foreign direct investment that grew influenced by the new plants and production lines attracted by nearshoring, between January and September 2022.

The future of the economy lies in the relocation of production, as stated by José Antonio Abugaber Andonie, president of the Confederation of Industrial Chambers (Concamin). In addition to this, the trade dispute between the United States and China is a factor that must be taken advantage of to attract large investments, the industrialist commented.

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The manager added that Mexico's geographical location favors the border with the world's largest importer, so one must be proactive to take advantage of the international situation that moves global companies to relocate.

The arrival of investment in Mexico attracted by nearshoring or relocation, he said, has been reflected in companies in the automotive and basic metals sectors, who seek to guarantee the availability of supplies during the manufacturing process and facilitate the transfer of finished products to the market. goal, so that they are commercialized.

Nearshoring is the strategy in which a transnational organization establishes its manufacturing, assembly or supply processes in the country or continent where it is going to market them, thereby reducing the risk of suffering operational interruptions, he added. The scheme seeks to attract private investment to benefit Mexican families, particularly those in the south and southeast.

"The transisthmic corridor is a great development opportunity, because there will be industrial parks that will generate employment and progress for the South and Southeast region of Mexico," he explained.

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Mexico is the ideal destination for the arrival of companies that seek to shorten their production chains and reach North America faster, just as the T-MEC provides zero-tariff facilities for foreign companies, commented José Antonio Abugaber Andonie.

For its part, the Ministry of Economy assured that Mexico lives in unbeatable conditions to grow at rates of 6 percent per year, especially driven by companies that arrived attracted by nearshoring.

In Solili you can consult industrial warehouses in Monterrey, Guadalajara and Tijuana 

Original note