Credit: Vladyslav Horoshevych / ShutterstockMonterrey leads industrial boom
Executives highlight the city's attractions but warn of energy challenges
July 24, 2024Real Estate
Por Paulo Alfaro
Monterrey has emerged as an industrial and logistical hub not only in Mexico but across the Americas. The city boasts a robust transportation infrastructure and is strategically located near the US border, facilitating trade and exports to the world's largest consumer market.
A key driver of growth in the industrial and logistics sectors is the nearshoring phenomenon, where foreign companies, particularly from Asia, relocate their operations to Monterrey due to favorable tariff conditions, commercial advantages, and a skilled workforce. Companies are also drawn to Monterrey's advanced logistical infrastructure, which includes extensive rail networks.
With substantial investments pouring into the industrial sector, it is crucial to discuss the next steps in its development and address the challenges posed by high demand. In this context, GRI Club Latam hosted an online meeting for its members, moderated by Sofia Flores, Director of the Industrial Division at Terra Regia, featuring contributions from Claudio Chamorro Carrizo, CEO of Red Megacentro, and Salomón Noble, CEO of Intermex.
Access the exclusive report for detailed insights from the discussion.
Monterrey has emerged as an industrial and logistical hub not only in Mexico but across the Americas. The city boasts a robust transportation infrastructure and is strategically located near the US border, facilitating trade and exports to the world's largest consumer market.
A key driver of growth in the industrial and logistics sectors is the nearshoring phenomenon, where foreign companies, particularly from Asia, relocate their operations to Monterrey due to favorable tariff conditions, commercial advantages, and a skilled workforce. Companies are also drawn to Monterrey's advanced logistical infrastructure, which includes extensive rail networks.
With substantial investments pouring into the industrial sector, it is crucial to discuss the next steps in its development and address the challenges posed by high demand. In this context, GRI Club Latam hosted an online meeting for its members, moderated by Sofia Flores, Director of the Industrial Division at Terra Regia, featuring contributions from Claudio Chamorro Carrizo, CEO of Red Megacentro, and Salomón Noble, CEO of Intermex.
Access the exclusive report for detailed insights from the discussion.
