Mexico’s development as a focus for foreign investment, is increasing. This has been accentuated in the industrial corridor Bajío representing the fastest growing industrial area of Latin America.
Integrated for the states of Aguascalientes, Guanajuato, Jalisco, Michoacan, Queretaro, San Luis Potosi and Zacatecas, strategically chosen for its excellent geographical position in the center of the country, efficient time displacement of transport and a strong intensity in their interactions; Bajío industrial corridor has international corporate like Honda, Mazda, General Motors, Nissan, Ford, Volkswagen, Toyota, Keihin and generally, various companies from countries like United States, Canada, Italy, France, Germany, Taiwan and Spain, among others.
Throughout the region there are dozens of suppliers: Flextronics, Sensata, American Standard, Jatco, etc. Several suppliers of large companies are seeking to establish in the coming months in this area.
The Bajío industrial corridor has several competitive advantages detected by international corporations, like:
– The natural and agricultural resources.
– The achieved economies of scale and competitive costs.
– The accumulated experience.
– Indices of high specialization.
– Strategic location.
– Diversity in transportation (roads, railways, aircraft, or via telecommunications).
– It has enough infrastructures to reach the distance of 8 hours at the border of US, 5 hours at the ports of Manzanillo and Lazaro Cardenas and about 4 hours to Mexico City.
More and more organizations are interested in this area because it is an important center of productivity for Mexico with large industries such as electrical, automotive and truck, aerospace, wireless telecommunications and trade in raw materials, groceries and metal products.
It is noteworthy that only in the Bajío industrial corridor 80% of the automotive industry is concentrated. 560,000 vehicles, 800,000 engines, 2 million tires and one million 100 thousand transmissions are currently produced.
In the last 3 years arrived 145 projects in this corridor in the amount of seven billion dollars. Thanks to this investment there have been generated 47,000 jobs. 2020 goals are more ambitious for this industrial corridor.
Undoubtedly the Bajío industrial corridor is one of the centers of industrial development with more potential of the entire region. It is an excellent investment option for industries.
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