Banco Base Perspectives: challenges and opportunities of nearshoring
Forbes | June 14, 2024 |

The current political scenario in Mexico, as in the United States, is marked by a crucial transition period that directly affects business decisions, especially those of company relocation. 

The convergence of electoral processes in both countries can generate unusual uncertainty translated into volatility in the markets, complicating the planning of gross flows and financial commitments of companies that operate in the region or that have exchange rate or rate exposure.

Of interest: Mexico City reported 100 thousand m² in office leases during April-May 2024

The arrival of foreign companies to the country highlights the internal needs that must be taken into account to maintain these investments. The main concerns focus on whether Mexico has the adequate infrastructure to maintain the operation of its businesses, especially in critical areas such as security, technology and the supply of water and energy.

Check here: More than 40 industrial projects begin in Monterrey during 2024

It is expected that the future of Nearshoring in Mexico will continue to be promising, although only 10% of the opportunity is being taken advantage of, it is expected that sectors such as automotive, industrial and financial will benefit the most, because Mexico has the ability to process raw materials and become an investment HUB for shipowners, also driven by the country's privileged location. 

In Solili you can check warehouses available in: Monterrey, Guadalajara y Mexico City.

Original Note.

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