In Mexico, there is a strong demand for industrial spaces by foreign companies that seek to move their production processes to enter the American market, but there are fewer and fewer spaces available, reported the Ministry of Economy (SE).

"Mexico attracted more than 32 thousand 147 million dollars of Foreign Direct Investment (FDI) from January to September 2022. This represents an increase of 29.5% year-on-year, comparing preliminary figures," detailed the SE.

Consult here: Mexicali, Tijuana and Ciudad Juárez concentrate 80% of the new offer in October 2022

Considering the origin of the investment, from January to September of the current year, the largest contributions were from: the United States with 39.1%, Canada with 9.5%, Spain with 7.1%, Argentina with 4.9% and Japan with 3.9%. Manufacturing registered coverage of 36.3% of total FDI, while other prominent sectors were: transport (14.5%), mass media (13.6%), financial services (11.6%), commerce (5.8%) and mining (4.8%). %).

According to Mario Veraldo, co-founder of MTM Logix, when Mexico acquires a larger scale of production, it will benefit not only from selling to the United States, but also from beginning to compete in other markets.

Of interest: The escalation of industrial rental prices in Mexican markets continues

“Nearshoring would bring investments and that would allow the production made in Mexico to be expanded, also covering Latin America. It would be like a kind of China for the region, that is, it would bring a double impact”, he highlighted.

In turn, this would generate more efficient, cheaper production chains that allow serving other Latin American markets. MTM Logix estimated that trucks with cargo crossing from Mexico to the United States will add 12 million 500 thousand units at the end of the year, which means an increase of 7% compared to 2021, movements that could increase with nearshoring.

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

Original note