Mexico maintains the competitive advantages that nearshoring offers, highlighting its geographical location, proximity to the United States, the cost of labor, and talent and supply that make it an attractive destination for industrial relocation.

It is estimated that, during the first half of this year, Mexico received 29 billion dollars of Foreign Direct Investment, representing 41% more than what was received in the first half of 2022.

Consult here: Querétaro and Guanajuato report the highest industrial construction activity in the Bajío

During this first semester of 2023, 43% of the investments that were raised come from US companies; 15% from Spain; 9% from Germany; 7% from Japan, and the rest from The Netherlands, Canada, the United Kingdom, Switzerland and France, among others.

The foreign FDI received in this first part of the year was concentrated in five federal entities: the first one is Mexico City, with 35% of the FDI, that is, 10 thousand 225 million dollars; Nuevo León with 10%, that is, with 2 thousand 795 million dollars; Baja California with 5%; like Jalisco and the State of Mexico.

According to the SE report, 52% of FDI in this first semester corresponds to companies dedicated to manufacturing, highlighting the transportation equipment, metals, beverages and tobacco, food, electronics and computer industries.

And because the arrival of investments in the country manages to generate employment and strengthen the supply labor market, it is that in this edition we collect information on the companies that have decided to sign a contract in an industrial park and establish their operations.

According to our research compiled in 12 entities, we have information on the signature of 197 companies that have chosen Mexico to grow and take advantage of the competitive advantages that this country offers them.

Of interest: Solili Industrial Report August 2023, Mexico City retakes the lead with 146 thousand m² leased

Of all the companies that we list, 57 are new companies that have a presence for the first time in the entity in which they are established, and 134 are organizations that are expanding their operations. Therefore, expansions dominate the category of industrial investments.

It is estimated that the most attractive areas and where more industrial buildings are sought are Tijuana, Ciudad Juárez and Monterrey, this because companies seek to improve their existing logistics, infrastructure, labor and supply that these cities have due to their proximity to the United States .

According to estimates by the Inter-American Development Bank (IDB), nearshoring opportunities in the medium term for LATAM will reach 78,000 million dollars in new exports of products and services, where Mexico would be taking 35,000 million dollars.

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

Original note