Nearshoring Paves the Way for Mexico's Economic Growth

Discover the potential of nearshoring in Mexico's economy. Explore the benefits, challenges, and investment opportunities in this detailed report. Learn how foreign companies can contribute to economic growth while adhering to regulations and fostering sustainable practices.

Nearshoring Paves the Way for Mexico's Economic Growth
The need for foreign companies to comply with Mexican laws, transfer technology, and pay fair wages for sustainable economic development.

Mexico's economy needs urgent investment to foster development, with the country experiencing minimal growth rates, according to UNAM academics Seyka Sandoval Cabrera and Arturo Ortiz Wadgymar. While investment, whether domestic or foreign, is crucial, Arturo Ortiz highlights that foreign companies should comply with Mexican laws, partner with national capital, transfer technology, and provide fair wages.

The discussion on nearshoring and supply chains, organized by the Institute of Economic Research (IIEc), sheds light on the potential benefits and challenges of nearshoring in Mexico. This report explores Mexico's nearshoring sector's context, trends, predictions, and investment opportunities.