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Monterrey, Mexico : Industrial Snapshot - Q3 2014

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Macroeconomic stability along with high-spirits permeating demand-growth forecasts, are making the eyes of the world turn again to Mexico as a viable option for investment and business development. Mexico leads the Latin American region in terms of exports and manufacturing, as a result of a joint effort by professionals, companies and local government to increase competitiveness.

The automotive industry currently plays a very important role for the growth of Mexico and for the State of Nuevo Leon, having an evergrowing number of companies engaging in the manufacturing of auto parts and vehicles.

Today, the world’s major automakers consider the country as an excellent option to invest. KIA Motors Corp., just selected Pesqueria, in the outskirts of Monterrey, as the location for what will be its first plant in Mexico.

Source : Cushman & Wakefield

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