T-MEC corridor attracts investments to Mexico with greater competitive advantages
Forbes | March 06, 2023 |

The Center for Economic Studies of the Private Sector (CEESP) assures that Tesla and other automakers are betting on investing in the so-called TMEC corridor due to the good conditions for doing business, something that the south-southeast states of Mexico do not have.

“Investments in the automotive sector are carried out in a region that could be called the NAFTA or TMEC corridor. That is, from Puebla to the north. Tesla's decision and insistence then confirms the geographical preference of many others," says the body dependent on the Business Coordinating Council (CCE).

Consult here: Department stores boosted national industrial demand in 2022

In the states of the indicated region and in order to take advantage of the conditions of the Treaty between Mexico, the United States and Canada (TMEC) there are vehicle assembly plants for Audi, BAIC Group, BMW, Ford, General Motors, Honda, Hyundai, JAC , Kia, Mazda, Nissan, Nissan, Daimler, Stellantis, Toyota and Volkswagen, details the institution in charge of preparing analysis and research on the economic situation in Mexico.

Thus, Baja California, Coahuila, Nuevo León, Aguascalientes, Guanajuato, San Luis Potosí, Puebla, Morelos, the State of Mexico, Querétaro and Hidalgo have managed to consolidate themselves as part of the TMEC corridor, with the arrival of investments from the automotive sector.

This entire region has infrastructure, connectivity, logistics, as well as a favorable attitude and policies of the authorities and the population towards investment, adds the study center.

Of interest: Solili Industrial Report February 2023, 630 thousand m² starts construction on the first bimester 

These advantages would be key to Tesla's preference for settling in Nuevo León. In the negotiations, the veto due to the scarcity of water was considered, although the company finally made the announcement to settle in the metropolitan area of Monterrey.

In Solili you could consult industrial warehouses available in Tijuana and Ciudad Juárez

Original note

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