The general director of the Mexican Association of Real Estate Fibers (AMEFIBRA), Josefina Moisés, indicated that more than 500 companies attracted by nearshoring took their factories, production lines and distribution centers out of Asia to move and install them in the country.

Of interest: Construction is reactivated in CDMX due to low industrial vacancies

Nearshoring has generated a boom that has benefited Mexico's industrial sector; however, it has also highlighted the challenges faced by investors related to logistics infrastructure.

The director of AMEFIBRA asserted that the arrival of companies continues to trigger the demand for space in industrial parks.

Check here: Speculative projects dominate the industrial construction of Guadalajara

México has an attractive strategic location and competitive property costs, as well as a diversified industry, a growing market, beneficial business conditions and low labor costs.

The Ministry of Economy reported that FDI at the end of Q3 2023 stood at 32,926 million dollars, reporting a growth of 30% compared to the same period in 2022.

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Original note