According to estimates from the Inter-American Development Bank, Mexico has the potential to obtain more than 35 billion dollars thanks to the export of products to the American Union.

Xavier Ordoñez, Deloitte's lead supply chain partner for Latin America, recalls that given the ongoing trade conflict between the United States and China, manufacturing products in Mexico to offer them in North America "has become one of the great objectives of many companies transnationals, even more so from Asia, in order to lessen the impact of this dispute”.

Mexico is facing one of the greatest opportunities to accelerate its economic growth: nearshoring, a phenomenon that has exploded the demand for industrial buildings by companies seeking to move their production centers closer to the United States.

However, experts point out that the lack of infrastructure in the country, especially in the north, could destroy the dream of attracting more foreign investment and creating jobs in the manufacturing and logistics sectors. 

Challenges such as inflation of almost 40% in concrete and steel can be overcome, but infrastructure becomes the critical point, and where the Private Initiative is interested in investing to take advantage of the nearshoring opportunity.

Gonzalo Robina, deputy general director of Fibra Uno, also declared that the relocation of foreign companies opens a positive outlook for the country beyond industrial real estate, since, if they take advantage of it, Mexicans will have access to better jobs and housing.

Of interest: Corporate demand in Tijuana continues to grow despite the low supply

So far, the Federal Electricity Commission has given the green light for developers to reinforce public substations and install wiring to supply industrial parks, which implies a private investment of around 10 million dollars per project.

“There is no electricity in the north of the country and there is no infrastructure that brings water to the parks. It depends on the private initiative, but we also need the support of the authorities, because we have a huge opportunity in our hands, but it can easily slip away."

Recently, Meor reported that an investment of 47 million dollars is being considered to supply the new developments in Tijuana, Baja California, with the purpose of generating a total of 82,400 KVA's for the city.

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

Original note