El Bajío is a growing market for the attraction of new industries
Solili | May 26, 2023 |

The Bajío region registered a 77% increase in accumulated gross demand at the end of the first four-month period of 2023, closing the period with 264,000 square meters.

This increase is mainly due to the takeoff shown by Querétaro, which reports an increase of 160%, while San Luis Potosí almost doubled the total areas demanded between January and April 2022.

Only in the first two months of 2023, the Querétaro Development Secretariat reported a portfolio of 54 investment intentions that represent 83 billion pesos, where 36 are new investments and 18 are expansions.

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The automotive, aeronautical, food and beverage industries with capital from Germany, Canada, Spain, the United States and Mexico take the lead. The information technology firm, KIO, confirmed the installation of a third data center in Querétaro, on a 25,000-square-meter piece of land, while the German automotive company ZF Group will expand operations by 240 million euros.

Querétaro is consolidated with the development of infrastructure to increase its electrical capacity as a differentiating element to attract investment.

In the case of San Luis Potosí, the state authorities confirmed investments from the German firm BMW, Bosch and Gestamp, which represents a challenge for the entity in terms of availability of human resources and infrastructure.

For its part, Guanajuato continues to advance in its tours to attract economic investment, showing how through the consolidation of its clusters they seek to promote electromobility and thus be pioneers in the introduction of new technologies, such as hydrogen cars.

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In Spain they have visited groups seeking to expand in the Bajío such as Grupo Antolín with facilities in Silao and are exploring new energy investments with companies such as Cox Energy, DH2 Energy that could form supply chains in the renewable energy sector that promote industrial development in the entity.

Facing the end of the second quarter of 2023, expansions and constructions are expected to have a significant rebound, which would allow reaching the projected number of industrial investments that aim to close 2023 with more than 11 billion dollars. According to current figures from the Solili platform, the Bajío will accumulate 14.7% of total industrial investments nationwide in the first four months of 2023.

Another favorable element for the Bajío is the existing availability and competitive rental prices that allow it to meet the demands of production processes that seek to relocate to Mexican lands.

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