In recent years, the construction sector in Mexico has undergone a sea change thanks to the phenomenon of nearshoring. This business model has revolutionized the way companies in the sector operate and has become an increasingly popular trend. The growing demand for warehouses, distribution centers, and offices has led to a sharp increase in the construction of new properties and the…

When a multinational seeks to set up a store in Mexico to expand its business to export to the United States, it also has to gauge the costs of the move.The most important thing for companies that decide to make large long-term investments in the country is the rule of law and the long-term visibility of the economic, political, and legal environment in Mexico, political transition and effective…

The Mexican Chamber of the Construction Industry (CMIC) expects the sector to grow between 3 and 5 percent by the end of this year, attributing a 1.6 percent expansion in the sector's investment to the economic phenomenon of nearshoring.About this factor, it is estimated that 40 percent of domestic construction companies have already benefited from this phenomenon.Other sectors with increases…

According to information from the National Institute of Statistics and Geography (INEGI), in 2023 Mexico exported 593,005.30 million dollars and of this amount, 508,192.98 million dollars corresponded to North America (86%): the United States received 83% of Mexico's total exports and Canada 3%.In this regard, the Mexican Institute of Finance Executives (IMEF) pointed out that the rest of the…

According to the Ministry of Economy, in the first five months of 2024, 127 investment announcements have been made in Mexico by foreign companies, generating a total expectation of 39.157 billion dollars.Fifty-one percent of the announcements were made by companies with capital of U.S. origin; followed by Germany, with 14%, and Argentina, with 11%. Eighty-seven percent of the total amount…

According to Fitch Ratings, economic stability is expected in Mexico after the federal elections in which Claudia Sheinbaum, from the ruling Morena party, won, however, some risks persist in terms of fiscal deficit.Mexico's new government will have in its favor the benefits of strong macroeconomic institutions and stability, inheriting a stable economy, where Mexico's strong macroeconomic policy…