Daniel Becker Feldman, president of the Association of Banks of Mexico (ABM), assured that the arrival of companies attracted by nearshoring will increase the gross domestic product (GDP) of Mexico by 1.2% in the following 4 years.

"Mexico could boost its exports to the United States by an additional 50 billion dollars in the next four years, which represents almost 10% more than what we already have," Becker Feldman estimated during the presentation of financing programs Nafin- Bancomext 2023.

Of interest: Zumpango and Huehuetoca will benefit from the transfer of cargo operations to AIFA

"These exports of the required level of investment and the multiplier effects could increase the GDP according to preliminary calculations that we have made in the Association of Banks of Mexico by 0.3 point of the product per year," said the businessman.

Today Mexico presents a window of opportunity with nearshoring, which can change the face of the country for the next 20 or 50 years, he commented. Opportunities and windows are given and open, but if you don't take action to execute these opportunities, you'll just watch the window pass and the opportunity close, Becker said.

The president of the Mifel bank argued that this would be unfair to the millions of Mexicans who still live behind.

"These investments are preliminary and we do not know exactly the potential, but we do not know exactly the amount and the power that there may be, we know that it is there but I think that we will see it over time," he said.

Check here: Guadalajara starts 2023 with a strong demand and industrial construction activity

The importance of trade between the United States and Mexico is seen every day, when 300,000 tractor-trailers cross the border, he compared. The banker said he hopes that nearshoring investments can attract at least 400 new companies in the first stage, which would generate around 47,000 new jobs.

In Solili you could consult industrial warehouses available in Guadalajara, Tijuana and Monterrey

Original note