Exclusive Access
Join our mailing list for Real Estate News, Events, Insights & Resources.
Mexico Has the Capacity to Be the Western Industrial Giant: Concamin
- José Antonio Abugaber Andonie, President of Concamin, believes that Mexico has the potential to become a Western economic powerhouse.
- Mexico's industrial sector, represented by Concamin, contributes significantly to the country's GDP, exports, and job creation, with a focus on technology, innovation, and sustainability.
03/10/2022
José Antonio Abugaber Andonie, President of the Confederation of Industrial Chambers of Mexico (Concamin), affirmed that the Mexican economy has the industrial capacity to become a Western giant. He represented the unified voice of Mexican industrialists, seeking solutions to drive innovation, utilize resources, and preserve the environment for societal well-being. Abugaber Andonie highlighted Mexico's renowned transnational companies that export manufactured goods and services globally.
Mexico ranks as the 15th largest economy worldwide, with a GDP of $1.292 trillion in 2021. Abugaber Andonie shared this during the Expo Dubai 2020, where he presented Mexico Industry Trends. He also mentioned Mexico's progress as the 11th largest exporter globally, surpassing the United Kingdom, with $418 billion in exports. Concamin contributes 40% of the national GDP, 90% of direct exports, and provides employment to 9.4 million workers, representing 42% of formal employment.
Abugaber Andonie emphasized the importance of technology, innovation, and digitalization in Mexico's industries. He highlighted the need for remote processes, cloud storage, online platforms, and artificial intelligence to simplify operations and drive business transformation. The reduction of carbon emissions, sustainability, and the transition to clean fuels and renewable energy were also highlighted as crucial aspects for the future.
ABOUT SiiLA
Founded in 2015, SiiLA is the industry leading REsource for comprehensive commercial real estate market insights, news and events across Latin America. The SiiLA suite of innovative products drive greater accuracy, efficiency, and strategic advantages for top players in the commercial real estate industry.Press O for more options
Between Outlets and Malls, Levi’s Grows in a Market That Stopped Growing
09/04/2026Behind an Underutilized Office Is More Than Just Extra Space
08/27/2026Do More Robots Mean Fewer Jobs and Smaller Factories in Mexico?
08/25/2026Digital Fulfillment Grew. Its Real Estate Footprint Grew Much More
08/24/2026After Years of Selling Hotels, FIBRA Inn Is Looking to Buy Again
08/18/2026Transactions
FIBRA NEXT Acquires 15 Industrial Properties From Centinela for US$138.2 Million
FIBRA Educa Buys a Plot of Land Nearly the Size of Its Entire Portfolio
Nearshoring
How Can the Boom End Without Ending the Expansion?
Mexico Attracts Companies, Not Necessarily New Industries
Trusted by Leading Publications
