A study conducted by Mexico Como Vamos showed that multinational investors are looking for states or cities that have high social progress,…
nearshoring
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Mexico is considering tax incentives to attract foreign investment
Mexico is considering tax credits to attract foreign firms to invest and produce domestically, targeted at electric vehicle (EV), semiconductor, rare earth…
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Mexico’s CFE poor power grid threatens nearshoring
A booming economy and extreme temperatures are pushing power grids to the brink across Mexico, a crisis that’s growing worse with each…
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International companies are coming to Mexico as part of nearshoring expansion
Companies that have already announced nearshoring-related expansions in Mexico include Taiwanese tech giant Foxconn, Danish toy giant Lego, and US Barbie doll…
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Is Mexico the big economic winner from growing US-China tensions?
Sparks fly as laser slices through metal in a factory in Mexico, which is preparing for a wave of foreign investment thanks…
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Ministry of Economy estimates that nearshoring will bring 36 billion USD to Mexico in the next 3 years
Foreign companies have made 93 investment announcements for Mexico so far this year with a total expectation of 36.1 billion US dollars,…
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CCE predicts that nearshoring would give Mexico an annual growth of 4%
Nearshoring ultimately represents a new economic era in the world and Mexico, said the Business Coordinating Council. The arrival of companies attracted…
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Aside from nearshoring: the south of Mexico is at a disadvantage compared to the north
The arrival of investments in Mexico due to the phenomenon of relocation of productive chains (nearshoring) especially boosts the states of the…
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Due to Nearshoring, Mexican banks expect an increase in financing demand in the next 5 years
For more than a year now, commercial banking in Mexico has seen euphoria unleashed by large companies, which are requesting loans to…
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Manufacturing sector in Mexico can grow 5% per year thanks to Nearshoring
Mexico’s manufacturing production could grow 5% per year thanks to the boost that nearshoring will give it, according to a report by…