Mexico City (CDMX) also participates in attracting automotive investment, an industry that is setting the standard in the relocation of production lines in the country.

The head of the Secretary of Economic Development of the government of the country's capital, Fadlala Akabani, announced that the entity could receive investment from a Korean company dedicated to the production of semiconductors, but omitted further details.

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Akabani said that of the 400 companies that the Ministry of Economy has mentioned that intend to establish themselves in the country, under the trend of nearshoring, 40 of them would do so in CDMX, that is, companies that do not require large spaces of industrial real estate, of sectors such as electrical, electronic, logistics and other light manufacturing.

To shore up the attractiveness of CDMX in attracting these investments, the city government recently signed an agreement with the State of Mexico Automotive Cluster, with the aim of forming the Mexico Automotive Cluster (CLAUT Mexico).

This public and private integration body aims to give more visibility to the benefits and opportunities offered by the region. In fact, the official estimated that in the next eight years the Valley of Mexico region could receive at least 12 billion dollars in foreign direct investment focused on the automotive sector.

The official affirmed that in CDMX at least 154 companies are related to the manufacture of cars and trucks (nine are central offices, 127 manufacturers of auto parts and 18 manufacturers of trailers and bodies).

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To an express question from T21 about whether the formation of CLAUT Mexico would serve to request support from local governments to make infrastructure improvements for logistics activities, and even to stop issues of insecurity on the roads, the head of the Automotive Cluster State of Mexico, Elisa Crespo, indicated that they will seek to go hand in hand to resolve these issues facing the industry.

In Solili you can consult industrial warehouses in Tepotzotlán, Tultitlán and Cuautitlán

Original note