Guanajuato: top FDI recipient thanks to its industrial corridor

by Advance Real Estate 29 de November, 2022 705 Views

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Guanajuato’s industrial corridor has many advantages for companies setting up in this part of the country, one being Foreign Direct Investment (FDI). Moreover, it possesses other strengths that impact growth projections positively.

What does Foreign Direct Investment (FDI) consist of?

FDI builds a long-lasting bond with the country hosting the investment. As a result, foreign investors acquire capital stock in Mexican companies and obtain returns. This creates new job opportunities and increases the economy of an entity, which has a positive outcome for the country.

Most of these foreign companies — mainly the ones dedicated to manufacturing for export — locate in industrial corridors that are favorable to them. It specifically highlights the availability of suitable infrastructure for their operations and a strategic geographic location.

The Guanajuato industrial corridor

Guanajuato stands out in the manufacturing field as one of the fastest-growing industrial sectors in Mexico. It is 4th place nationally for number of industrial parks (35) and 1st place as the leading non-border exporter¹.

There are many reasons for Guanajuato’s important role. But it primarily distinguishes itself with its geographical location, infrastructure availability, and high standard of skilled labor, allowing companies to settle and start operating immediately.

The Guanajuato Puerto Interior in Silao is also worth noting. It’s an Industrial corridor that is now the driving force for growth. And not only that, since it’s the one that has brought to life the second Puerto Interior in Celaya project.

What is the impact of Foreign Direct Investment in Guanajuato?

FDI is measured by the Secretariat of Economy (SE), responsible for publishing quarterly reports. These reports show millions of foreign investment dollars per entity, classified by three different parameters: type of investment, sector, and country of origin. As for Guanajuato:

In 2021, it secured an investment of $1.745 billion² (bn), as well as Japan’s attention since it invested $644 mn [BM1] in the entity, reported El Economista. In addition, $565 mn were allocated to the automotive and truck manufacturing sector.
The Secretariat of Economy of Mexico stated that between January and March 2022, the preliminary figure for foreign investment in Mexico reached $19,427.5 bn. Guanajuato remaining at the top with one of the highest foreign investment levels; in the first quarter of the year, it received an estimated $638 bn.
Foreign investment in Mexico has positively impacted the entire Bajio region. Through the first months of 2022, the states of Jalisco, Queretaro, San Luis Potosi, and Aguascalientes have obtained significant foreign investment inflows. However, Guanajuato and Jalisco stood out with exceptionally [BM2] substantial foreign investment.

At Advance Real Estate, we understand how important it is to be in the right place at the right time. That is why we provide leasing of industrial buildings in the Industrial Park Advance Puerto Interior to savvy and experienced companies looking to be at the forefront of the industry and increase their growth.

If your company wants to join Guanajuato Industrial Corridor and obtain all the benefits—protection, security, and the major business hubs available to help your growth—please contact us.

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Advance Real Estate

Advance is a leading company in the acquisition, leasing and operation of industrial and logistics assets, with presence in 12 cities within Mexico and a portfolio of 11.5 million sf of industrial space.

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