For 'Nearshoring', 50 Companies Considering Investing in Mexico City

Fadlala Akabani Hneide, Secretary of Economic Development for the City, states, "Investors from Tucson, Phoenix, and Seattle have arrived, and we have recently received companies from Sweden interested in investing in Mexico." 

Currently, the country's capital is becoming a nearshoring market due to its natural position as a bridge between Central America, South America, and the largest market in the world, comprising the United States and Canada, as affirmed by the official interviewed by Forbes Mexico. Akabani adds that they have received Chinese investors interested in relocating their operations from Asia to Mexico to take advantage of nearshoring. Other interested parties in coming to Mexico are design companies seeking proximity to major Mexican companies such as Bimbo, Femsa, Coca-Cola, Sears, and Condumex, which is why they want to invest in the Vallejo industrial zone, explains the Secretary. 

"We have received around 50 companies that have decided to invest in Mexico, but we do not know whether it will be in Guadalajara, Monterrey, or Mexico City," he clarifies. Companies such as Riot Games, Yutong, Walter Thompson, Honeywell, Amazon, DHL, Mercado Libre, and O'Donnell have already arrived in Mexico City, along with FedEx, which announced an investment of 300 million pesos in the renovation of its facilities in the Federal neighborhood, near the Mexico City International Airport, for freight transportation.