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August 25, 2022
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Treasury highlights CDMX’s attractiveness for nearshoring

Treasury highlights CDMX's attractiveness for nearshoring

“Mexico City has everything to attract investment: research centers, innovation centers, universities, it is number one in GDP per capita, it is number one in job creation, and it is our financial hub, they have a very important role in the economic recovery of the country, and with the actions that have been implemented in this government it contributes so that Mexico is a country of investors”, he said.

He explained that the federation works with the states to reduce costs in the economies, and thus facilitate and enhance investments in the country.

According to the head of government of Mexico City, Claudia Sheinbaum, we work together with the private sector to reduce the procedures that are necessary to open a business in the Mexican capital, so that they are reduced from 2,000 to 500 procedures.

He stressed that CDMX, thanks to its offer for business, captures 36% of all FDI in the country, and also has a great weight in the recovery of the country’s economy, given its economic profile concentrated in trade and the provision of services. , like manufacturing, which has been recovering since June, the capital also has two months with job recovery, the official explained.

In addition, the Mexican capital is also recovering due to tourist activity, and the digital nomad market, which is increasingly important and contributes to economic growth, highlighted the head of government at the inauguration of the Mexico City Investment Fair.

Luis Antonio Ramírez, head of Nafin and Bancomext highlighted that the opportunities for companies to take advantage of the nearshoring they will be potentiated with credits granted by the development bank.

He stressed that the Mexican capital has a responsible management of public finances and that it generates 18% of the national GDP, and that in Mexico City it is the digital, research and technology sector that can benefit most from the reconfiguration of the supply chains, which came after the covid-19 pandemic.



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