In recent years, Mexico has received the relocation of the operations of companies seeking to improve and streamline their supply chains, a trend that will continue in the coming years.

Within the framework of Fibra Day 2022 in New York, organized by the Mexican Association of Real Estate Fibers (AMEFIBRA), Sergio Pérez, executive director of Newmark, commented that Mexico has a great opportunity as well as important challenges in the face of world conflicts to become at the point of manufacture in the American continent.

Obtaining qualified talent is also becoming a challenge, Mike Wilson, DSV's executive vice president for Latin America, said at Fibra Day.

Consult here: How to reverse the historical minimum levels of industrial vacancy by 2023?

As reported by T21 at the time, both the Government of Mexico City, Baja California and Yucatan highlighted at the XLVIII National Index Convention that their entities are capable of receiving foreign investment.

Sergio Pérez also highlighted that one of the sectors that will be most boosted by nearshoring will be the automotive sector, which will be able to take advantage of one of the most open countries in the world, with 45 free trade agreements, to manufacture in Mexico, sell parts in America North and export to the whole world, said the Newmark executive.

At this point, Mike Wilson stressed that this will require more engineers, since "technology is coming back. High technology will be seen in the automotive industry and the aerospace industry.”

He warned that Mexico has great potential to attract European investment, especially taking into account that in this winter season Europe has skyrocketing energy prices and that there is still no resolution to the war in Ukraine, which has had a massive impact on the continent.

Of interest: The most diverse and competitive Mexican industrial real estate market in 2023

Mexico will face what's called clustering, with pockets of excellence in certain parts of Mexico, so as products come back, there will be more localization and communication from both ends, so local providers will have to move.

“We have seen that manufacturing is in the border cities, that the proximity between two countries is a great factor in their favour. In particular Monterrey, with its storage spaces and manufacturing spaces. Monterrey has much more to come. We did a study in May of this year and 356 new nearshoring projects arrived in Monterrey alone. By the way, 17 of them were Chinese," he said.

In Solili you can consult industrial buildings in Saltillo and Querétaro

Original note