Given the various positions on this issue, it is necessary to compare fiscal incentives in other countries and determine why tax incentives in Mexico are different in each case. Recently, a much-discussed question has resurfaced in the country:  Are the tax incentives in Mexico that are extended to the automotive industry too generous? Often members of […]

The economic development of the state of Baja California’s leading city (Deitac) has reported record growth in industrial investment in Tijuana in 2021.  Its focus will be to promote emerging sector investment and direct its efforts in the California market in the coming year. During the presentation of his Annual Activity Report, Lic. Carlos Jaramillo […]

Mexican exports registered a 6% growth rate during the first half of this year.  This increase had its origins in manufactured products manufactured in the Mexican border region by companies that participate in the IMMEX program.  This activity has raised the interest of Asian firms in investing within Mexico’s national territory.  This is the case […]

In the first quarter of 2021, Meor real estate development fund began the construction of a complex that will spur industrial growth in Tijuana. The company has committed itself to an investment of over US $35 million. Given the economic damage inflicted by Covid-19,  industrial growth in Tijuana is being consolidated to be the tip […]

The Customs Broker in Mexico occupies a critical position in the international trade process. Although custom brokers are an important component of the conduct of international trade all over the globe, here we will examine the great importance of the customs broker, in the specific case of Mexico. The customs broker in Mexico is essential […]

Automakers in Mexico export more than 80% of their production and comprise the fourth-largest concentration of automobile exporters in the world.  This position could boost the country’s potential to manufacture electric cars. A collection of internal combustion engine trucks and Ford’s 100% electric F-150 Lightning pickup made up the backdrop on the stage where Joe […]

For nearly two decades, companies benefited from the Chinese miracle: low-cost, large-scale production was the norm. Now, COVID-19 and geopolitical tensions are changing the rules. So now is the time to locate your business in Mexico. The coronavirus pandemic is prompting some companies to relocate their China-based supply chains to the North American region. But for […]

Baja California has 931 companies within its territory.  This has positioned the state as a leader in the manufacturing, maquila, and export services industry. Companies that have IMMEX certification in the entity represent 18% at the national level.  This statistic is according to the state’s Secretariat of Sustainable Economic and Tourism (SEST) information.  Within industry […]

In the manufacturing sector alone, the economy of the state of Guanajuato generates an approximate total of US $4.8 million dollars in salaries for the 150,000 direct labor workers that it employs. “Guanajuato is a great example, many do not know it, but Guanajuato generates nothing more in salaries, every day 4.8 million dollars are […]

Innovation and digital transformation, as well as financing challenges, are affecting the manufacturing industry in Mexico. As has affected companies everywhere else in the world, the manufacturing industry in Mexico was not adequately prepared for the disruption to its activities that was brought about by the Covid-19 pandemic. In response to the crisis, companies were […]