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Analysis

Public investment drives upgrade and extension of road network in Mexico
OBG
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The upgrade of the nation’s road infrastructure is a major priority for Mexico’s current government, led by President Andrés Manuel López Obrador, better known by his acronym AMLO. The country has emerged as an international centre of trade, making the improvement of connectivity between ports and centres of manufacturing an imperative to maintaining ongoing growth. The interior of the country…

Analysis

Agro-industry receives a boost from state programmes, private investment and technology in San Luis Potosí
OBG
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While the state of San Luis Potosí is dominated economically by its major urban centre – the eponymous capital city – and the manufacturing industry that it supports, agriculture thrives in its peripheral rural municipalities, where one in every 2499 potosinos lives, according to the Secretariat of Agriculture and Rural Development (Secretaría de Agricultura y Desarrollo Rural, SADER). The agro-industry…

Analysis

Academia, the government and industry collaborate on research and development in the state of San Luis Potosí
OBG
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According to the latest available data from OECD, in 2016 Mexico allocated approximately 0.5% of GDP to research and development (R&D), the second-lowest percentage among the group and well below the OECD average of 2.3%. The country’s low expenditure on R&D makes it very difficult for academia to react quickly to changes, contributing to the perception that the field works slowly and is…

Analysis

Municipal and federal authorities turn to sustainable building in Mexico
OBG
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Mexico is home to the largest urban population in Spanish-speaking Latin America, having 10 cities home to over 1m residents and over 100 cities with more than 100,000. As such, urban planning and an emphasis on sustainability and energy efficiency is necessary to ensure quality of life. Over the last decade Mexico has built itself to be a reference for emerging economies in the area of green…

Analysis

Mexican government's tourism strategy aims to promote sustainable and inclusive growth
OBG
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Mexican officials are turning to the tourism sector in a drive to create a more inclusive and sustainable economy based on technological advancement, as well as value-added products and services. The National Development Plan (Plan Nacional de Desarrollo, PND) 2019-24, released by President Andrés Manuel López Obrador – commonly known as AMLO – aims to promote the responsible use of resources…

Analysis

Tourism attractions in the State of Hidalgo benefit from proximity to Mexico City
OBG
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As recent years have seen Hidalgo place a greater emphasis on its tourism sector, private companies are also recognising the potential of the small but strategically located state. In November 2018 leading US water park and resort provider Great Wolf Lodge announced that it had chosen Hidalgo as the site of its first facility outside of the US and Canada. After analysing several Mexican states,…

Analysis

The State of San Luis Potosí turns to infrastructure, marketing and training to boost tourism
OBG
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San Luis Potosí has a portfolio of attractions to appeal to different segments of the tourism market. Beyond the picturesque colonial centre of the capital, palm groves, natural pools and archaeological sites make the south-eastern Huasteca region worthy of promotion, and adventure tourism has grown significantly in recent years with activities such as white-water rafting, climbing and mountain…

Analysis

High-value, export-oriented crops have enabled Mexico's agro-industry to expand
OBG
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In recent years Mexico has emerged as a successful exporter of non-traditional crops such as avocados, berries and tomatoes. In 2018 during his first term in office, President Andrés Manuel López Obrador, better known by his acronym AMLO, made promises to reduce the country’s dependence on grain imports. However, as of mid-2019 the new administration has not introduced any drastic measures…

Analysis

Streamlined government procedures ensure global firms continue to invest in Mexico's pharmaceuticals market
OBG
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Major global firms continue to invest in Mexico’s pharmaceutical industry. In 2017, 20 of the world’s top-25 pharmaceutical giants were active in the country, and 22.7% of total health spending went towards the pharmaceutical industry, according to the OECD. That same year, Mexico was the second-largest pharmaceutical market in Latin America and ranked 15th in the world, contributing around…

Analysis

Mexico's private sector encourages the adoption of digital health systems
OBG
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Several policies aimed at developing a digital health care system in Mexico have seen the costs associated with bureaucracy decrease significantly. According to a policy brief published by the OECD in 2018, the simplification of government procedures across all sectors has seen the cost of administrative burdens decrease from 4.3% of GDP in 2012 to 2.7% in 2017. The health care sector stands…