Industrial parks set to draw US $6B in 2025
MND Staff MND Staff
December 9, 2024
Mexico is seeing an astounding rate of investment in industrial parks due to nearshoring and reshoring. (Shutterstock)
Investment in industrial parks in Mexico is expected to reach US $6 billion in 2025, after the sector attracted over $5 billion in 2024, according to the president of the Mexican Association of Private Industrial Parks (AMPIP), Jorge Ávalos.
The investment is being driven by the expansion of national and international companies taking advantage of Mexico’s logistics capabilities, Ávalos said in a Banorte Norte Económico podcast.
The Mexican industrial park developer Meor, founded in 2006, announced plans in September to invest $1.5 billion in parks over the next seven years. (Meor)
“While Chinese companies have played a very important role in this phenomenon, companies from the United States are also returning their manufacturing operations from China to North American territory, which they call reshoring,” explained Ávalos.
According to Ávalos, in 2024, nearshoring accounted for approximately 59.2 million square feet of gross rentable area, which is 35% of rentable industrial space in Mexico.
More:
https://mexiconewsdaily.com/business/investment-in-industrial-parks-to-reach-us-6b-2025/?utm_source=newsletter_free