The possibility of consolidating nearshoring in Mexico could generate about half a million jobs, said Tatiana Clouthier, head of the Ministry of Economy (SE).

According to the official, the increase in labor costs in China and the concern for supply chains are factors that the country must take as a competitive advantage.

The developers that belong to the Association of Industrial Parks, for example, indicate that they do not satisfy the demand of a large number of companies that want to settle in Mexico, Clouthier pointed out.

Likewise, he stressed that since 2019, the possibility of 94 thousand 379 million dollars in potential capital injection to materialize until 2024 has been detected.

Check here: Bajío concentrated 25% of Mexico's industrial demand during 1Q 2022

According to data from the SE, the Mexican territory has been one of the few in Latin America that has not experienced precipitous falls in Foreign Direct Investment during the pandemic, where capital inflows decreased by less than 10%, versus the average in the region. which was 37%.

During his participation in the forum "Nearshoring: Promoting investment opportunities in Mexico", Clouthier explained that the country has various attractions for the relocation of companies, highlighting the geographical location, human capital, investment in public and private infrastructure that will take place in the coming years and the advantage mainly in logistics costs compared to other Asian countries.

Of interest: Baja California, grows by 12.7% in industrial investment at the end of 2021

Finally, the head of the SE announced that the T-MEC Corridor, a new railway logistics route that was planned to connect Sinaloa with Dallas, Texas, will soon be developed.

For the T-MEC Corridor, the institutional fund Caxxor Group has projected an investment of three thousand 300 million dollars.

The objective is to connect the Mexican Pacific, from the Port of Mazatlan, with the central and eastern United States, and with Canada, through the city of Winnipeg.

In Solili you can consult industrial warehouses available in Ciudad Juárez, Monterrey and Saltillo

Original note