American Industries will invest 150 million dollars to add 140 new hectares to its property reserve and continue building industrial parks in Chihuahua and Nuevo León, in order to rent them to foreign companies attracted by nearshoring.

Mexico has the capacity to become the new hot spot for the Industrial real estate sector and the investment center for the entire American continent, said Liliana Hernández, general director for American Industries Group.

Part of the growth of direct foreign investment in Mexico was consolidated by the rupture of the supply chains of the majority of the American and European companies based in Asia, Hernandez pointed out.

Consult here: Chihuahua begins the year with strong dynamism of industrial demand

The Covid-19 pandemic, the distance between the continents and the lack of control that was generated in Asian countries made the industry rethink bringing its production chains closer to the place where the finished product is sold, he added.

He stressed that the Treaty between the United States, Mexico and Canada (TMEC) is one of the most important factors influencing the arrival of more and new foreign companies in Mexican territory. Until the third quarter of 2022, Mexico captured a record number of 32 thousand 147.4 million dollars of foreign direct investment (FDI), according to the Ministry of Economy (SE).

The nearshoring phenomenon, which refers to the practice of transferring a commercial operation to a country close to the main consumer market, has boosted the attraction of foreign direct investment to the northern zone of the Mexican Republic.

Of interest: Industrial demand forces industrial developers in Tijuana to almost triple construction

In 2023, American Industries will continue to advance the development of the newly opened Industrial Park in Ciudad Juárez, which will cover 5.7 new hectares. They will continue with the second phases of the industrial parks developed between 2021 and 2022 in Chihuahua with 54 hectares and in Apodaca with 28 hectares, totaling approximately 2 million square feet and a total of 13 industrial buildings.

In addition, this year they will seek new territorial reserves with an industrial vocation to develop in the cities where they currently have a presence, as well as explore new regions in Mexico to install more industrial parks.

In Solili you can consult industrial warehouses available in Saltillo, Guadalajara and Ciudad de México

Original note