Page 31 - FGDP revista GoEL

In addition to infrastructure, another critical factor is workforce training.
Mexico has a young and large population, which represents a competitive

advantage in terms of labor availability. However, the lack of technical and

specialized skills is a challenge that companies must consider. For Mexico

to continue being an attractive nearshoring destination, it is vital to invest

in education and workforce training, aligning these capabilities with the

demands of the global market.

The regulatory environment and political stability also play a fundamental

role in attracting foreign investment. The United States-Mexico-Canada

Agreement (USMCA) is a key component in this equation, providing a

commercial framework that facilitates operations between these

countries. However, the uncertainty surrounding the potential renewal of

the USMCA and other political factors could affect the perception of

Mexico as a safe and reliable investment destination. Companies

considering relocating their operations to Mexico must take these risks

into account and plan accordingly.

Trade tensions between the United States and China have accelerated

interest in nearshoring to Mexico. These tensions have led many U.S.

companies to seek alternatives to manufacturing in China, looking for

closer locations to reduce costs and minimize risks associated with

international logistics. Mexico, due to its proximity and the advantages of

the USMCA, presents itself as a natural choice. However, to fully leverage

this opportunity, the country needs to continue improving its commercial

and regulatory environment.

Another aspect to consider is security. The perception of insecurity in

certain regions of Mexico can be a deterrent for foreign investment.

Despite government efforts to improve security, this remains a significant

challenge, especially in key areas for manufacturing and logistics.