Interview:Daniel Parfait How do you describe the quality of the workforce that is developing in Mexico? DANIEL PARFAIT: The workforce is evolving and adapting to more demanding markets and newer technologies. The competitive advantage of a low-cost workforce is no longer sufficient, especially for countries like Mexico, which hopes to establish itself among the top-10 aerospace players worldwide.…
Interview:Steffen Reiche What are the main business, labour and logistics advantages Mexico offers to automotive and industry-related companies? STEFFEN REICHE: Mexico is a land of opportunities for manufacturing, and particularly for the automotive industry. For more than 50 years the country has been producing high-quality automobiles, and it is a key player globally. The 24 factories in…
Mexico’s transport and logistics system is of vital importance for its economic development, transporting inputs to the country’s manufacturing centres and consumer goods to its major cities, and carrying exports to the US and other trading partners. While investors have faced some uncertainty, notably in the aviation segment following the 2018 cancellation of the planned international airport…
Over the last two decades Mexico has consolidated its position as the leading automotive exporter in Latin America and a major player in the industry worldwide. Automobiles are the country’s biggest single export, with the auto industry contributing 4% to GDP in 2018 and representing 20% of total manufacturing output in the country, according to the National Institute of Statistics and Geography…
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…
San Luis Potosí’s automotive manufacturing industry has had a notable impact on the economy, generating 8% of its GDP and dominating the state’s several sprawling industrial parks. The first automotive company entered the state in 1968 and in the years since, the number of such companies with operations in San Luis Potosí have increased rapidly. In 2006, 83 automotive companies were active in…
With aviation export growth averaging 15% per year between 2008 and 2018, Mexico is steadily emerging as an important regional and international player in the aerospace industry. Demand for commercial aircraft is expected to double globally by 2035, according to research from aircraft giant Boeing, and the country is well situated to leverage its position to increase domestic and foreign investment…
In English En un intento por impulsar el desarrollo de una de las áreas más pobres del país, México acelera la construcción de una esperada línea ferroviaria que conectará las costas del Pacífico y del Atlántico. El Tren Transístmico unirápuertos a lo largo de las dos costas en la sección de tierra más angosta de México, conocida como el Istmo de Tehuantepec. Al conectar…
The aviation sector is experiencing rapid growth worldwide, propelled by booming tourism industries, lower air fares and the push for greater connectivity in an increasingly globalised economy. Middle-class expansion has also spurred growth in air travel, as more people are able to afford flights for holidays or business-related travel. According to Boeing, commercial airlines experienced annual…
Mexico is engaged in a major port expansion programme aimed at doubling the country’s freight-handling capacity to 520m tonnes per year. The achievement of this goal is seen as crucial to long-term development given the significance of the segment for the import of raw materials and the export of manufactured products. The expansion of the country’s port system is further necessitated by an increase…
