The growth opportunity for the Mexican economy through Nearshoring.
4 September, 2023The logistics sector in Mexico is undergoing a transformation due to the rise of the nearshoring trend. Being that Europe and Asia have created a bridge that benefits the Mexican economy, in order to reach the United States market; this is through the relocation of its operations or services to Mexico, implying the attraction of investment companies.
Among the factors that generate the attraction of investors in Mexico is its geographical position that allows the constant flow of goods between different continents, as well as skilled labor, competitive costs, the country’s economy, and trade agreements.
Due to this increasing demand for more sophisticated logistics, the country’s infrastructure is growing with new industrial parks, distribution centers and integration of new technologies.
According to Banxico, 16% of Mexican companies have experienced an increase in the flow of orders for their products or foreign direct investment. This causes the growth of employability and with it the strengthening of the Mexican economy. To take advantage of this opportunity that it represents for the Mexican economy, the logistics infrastructure and the training of the workforce must be improved.
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This post was written byTL Pacífico
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