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Mexican businesses warmed by glow of ‘nearshoring’ dawn

MEXICO CITY, Mexican businesses, particularly those linked to real estate and construction, are counting on investment from so-called “nearshoring” to boost profits and economic growth, especially in industrial zones near the U.S. border. Mexico’s government expects nearshoring—the trend of locating manufacturing capacity in Mexico closer to the U.S. market than in Asia—to add up to 1.2 percentage…

IS DEMAND FOR INDUSTRIAL SPACE OUTSTRIPPING SUPPLY IN MEXICO

Nearshoring has boosted demand for industrial space in Mexico and is growing, leaving industrial developers struggling to keep up. Mexico City-based real estate fund Meor reported this week that less than 2% of industrial space is currently vacant nationwide, while the figure in the north is close to 0%. The shortage will likely become more…

AEROMEXICO AND VIVA AEROBUS PREPARE TO ELEVATE TULUM’S AIR CONNECTIVITY

TULUM, Mexico – As anticipation grows for the upcoming December opening of the Tulum International Airport, airlines are already positioning themselves to serve the enchanting Caribbean coastal town. In a swift response to Viva Aerobus’s recent announcement regarding its forthcoming flights to Tulum from major Mexican cities such as Mexico City, Guadalajara, Monterrey, and Tijuana,…