Mexico continues to be an attractive destination for foreign direct investment (FDI), capturing 17% of FDI in Latin America and the Caribbean in 2022, according to a recent report by the United Nations Economic Commission for Latin America and the Caribbean.

Mexico has established itself as the second largest economy in the region and has shown an upward trend in attracting foreign investment over the past three years.

Check here: Industrial construction in Mexico experiences boom in large buildings

In the first quarter of 2023, the amount of FDI in Mexico already amounts to 18.6 billion dollars, which allows us to project an upward trend in the future, according to José Manuel Salazar-Xirinachs, executive secretary of ECLAC, in a Press conference.

The sectors that benefited the most were services and manufacturing, with notable investments in the basic metal and food industries. The automotive industry, including parts and components, received 12% of the total new investment in 2022.

This achievement is due to the favorable climate for investment and the adequate conditions that Mexico offers, such as the availability of qualified labor and the free trade agreement with the United States and Canada. In addition, Mexico has a highly developed industry, clusters in strategic sectors such as aerospace, automotive, and technology, and efficient transportation logistics for production and export.

Of interest: Querétaro developers boost industrial supply in the face of sustained demand

The trade conflict between the United States and China has fueled a trend of relocation of plants and operations to 'allied' countries in North America, and Mexico is among the countries that benefit most from these geopolitical changes.

There are strong indications and evidence that this trend towards Nearshoring (relocation of production closer to consumer markets) will deepen in 2023 due to geopolitical conditions and the reconfiguration of value chains.

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

Original note