Spain – Mexico
Belén Merino, director of Cabal Consulting and a specialist in Spanish-Mexican trade relations, points out the size and heterogeneity of this Central American country and draws a detailed map of the main sectors of activity in each state.
Mexico is a country very close to Spain for historical, cultural, economic and social reasons. Spanish investment in Mexico is the second largest in the country, in global terms, second only to the United States. A total of 4.837 Spanish companies (data from 31 December 2013) have invested and work in the country, and hundreds of citizens emigrated at the beginning of the last century and made Mexico their permanent home.
Its macroeconomic stability, its proximity to the United States, its young and prepared workforce, its natural and cultural resources and its membership in the Pacific Alliance are some of the attractions of this enormous country, to which we must add the recent structural reforms that the Government is undertaking, such as telecommunications, energy and tax, together with an infrastructure programme that foresees a public-private investment of more than 500.000 billion dollars.
Mexico is a country with multiple opportunities, but If the route is not clear, we run the risk of wasting time.. Therefore, the objective of this article is to show the Map of Mexico's investment with the sectors with the greatest potential and the cities and states most conducive to it.
Mexico is a Federal Republic and is politically organized into 32 federative entities. The capital, Mexico City, one of the most dynamic cities in America and one of the most populated cities on the planet, is in itself a great window of opportunity. If Mexico City were a country, it would be the fifth largest economy in Latin America. However, we should not focus only on the capital. With 120 million people, according to the Mexican Institute of Statistics (Inegi, 2014), its strategic geographical location, enormous territory, environmental diversity and extensive network of free trade agreements with 44 countries, Mexico is the gateway to a potential market of more than 1.000 consumers, 60% of the world's GDP and also a place where clusters are being developed around strategic sectors.
![[Img # 17570]](https://empresaexterior.com/la-ruta-de-la-inversion-y-la-exportacion-a-mexico/upload/img/periodico/img_17570.png)
Although the 32 states offer multiple opportunities, each of them has tended to develop mainly one or two sectors of economic activity. Therefore, before starting out, We have to look for that state where our activity can have a better development environment.. For example, one must take into account its proximity to the United States or to the Pacific ports, security, the qualification of human resources and even cultural peculiarities and climate, since the states of the North, Center and South are very different.
Querétaro, for example, is considered one of the safest and most prosperous states in the country, with an excellent quality of life. Close to the capital but without the difficulties of a megalopolis like Mexico City, the automotive and aeronautical sectors have been strongly established there. States like Quintana Roo or Baja California Sur are known worldwide for their tourist boom, like the Riviera Maya, Los Cabos or Cancún. The capital of Jalisco, Guadalajara is already known as the “Silicon Valley of Mexico” since a cluster of technology companies has been formed and it has 12 universities, 14 technological institutes and dozens of projects. Guanajuato concentrates many vehicle production companies, and Baja California is a very important hub for aeronautics and renewable energy.
Therefore, those who see Mexico as a destination to seek opportunities must chart a course according to their interests.
Belén Merino, director of Cabal Consulting
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