The Mexican Association of Private Industrial Parks (AMPIP) reported that 63% of the projects to be developed in the country come from Asian economies, which seek to bring their production closer to the US market.

Sergio Argüelles, general director of Finsa and president of AMPIP, explained that 49% of the companies with investments to deploy in industrial parks in Mexico originate from China, 13% from Italy, 9% from Germany, 9% from South Korea. and 5% from Taiwan; that is, close to two thirds of the potential demand for ships in the country originates from Asia.

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The economies of the east seek to solve the problems of the supply chain that worsened during the pandemic; Bringing your productions closer to the main global consumer (United States) is one of the most viable options to achieve this. It is there where the Mexican territory becomes attractive, especially for the Chinese economy.

Asian investment leads to the relocation of supply chains to Mexico, which has been boosted by the trade war between China and the United States.

"Mexico has a strategic geographical position and the T-MEC, as well as trade agreements with Latin American countries, has become the investment objective for the Asian giant that is moving part of its manufactures," said Susana Muñoz, director of the Mexico-Hong Kong Chamber of Commerce.

China has intensified in the last year the transfer of its production to Mexico with the rental of 5 million square meters of industrial buildings by more than 100 companies, as revealed by the Mexico-China Chamber of Commerce and Technology (China Cham).

"We must keep the magnifying glass on the proper functioning of trade agreements that require and force compliance with the rules of origin, as well as the development of conditions for energy generation and sustainability," said Argüelles.

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Another of the main challenges for many Mexican companies, he added, is to move from manufacturing to the knowledge industry, without neglecting the insertion, adoption and understanding of technology in a more accelerated way so that the country is more attractive to new sectors.

Argüelles highlighted that, in the most recent 15 months, 31% of the projects received are related to the automotive sector. The rest is divided as follows: 8% with logistics and distribution, 6% with electronics, and 55% with a diversification of sectors such as: aerospace, medical devices, household appliances, furniture, textiles, among other manufactures.

In Solili you can consult industrial warehouses available in Monterrey, Ciudad Juárez and Saltillo

Original note