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“Invest in Mexico Facilitation Board AC” is an initiative launched by the leading industrial states of Aguascalientes, Coahuila, Chihuahua, Durango, Guanajuato, Jalisco, Michoacán, Nuevo León and Tamaulipas to promote Mexico as a strategic region for foreign investment.
By showcasing all of the strategic advantages of the country in terms of infrastructure, highly qualified human capital, technological advances, and advanced manufacturing, among others, InvestinMX aims to capture a well deserved share of the available direct foreign investment for 2021 and years to come.
Mexico is one of the most important and open economies in the world. Through its Network of Trade Agreements, it has currently privileged access to 46 countries. In addition, it has the ability to import and export to any place in the world thanks to its logistic centers and its privileged location that grants access to the Pacific and Atlantic oceans through the Gulf of Mexico.
Mexico is part of the United States-Mexico-Canada Agreement (USMCA), the largest free trade area in the world, where more than a quarter of the world's Gross Domestic Product (GDP) is produced.
It has a great infrastructure: 64 international airports; 63 border crossings; 68 deep-water ports and coastal sailing; 27,000 kilometers of railroads and 372,000 kilometers of land routes.
Mexico has a sound base of advanced manufacturing facilities. It is the leading export country in Latin America.
It is ranked as the 19th most complex country in the Economic Complexity Index (ECI). In recent years, Mexico has advanced in areas such as research, development and technology transfer and industrial automation, to name a few.
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Human capital is one of Mexico’s greatest assets. The country has a large working age population and a domestic market that exceeds 120 million inhabitants.
Mexico is home to the largest university in Latin America. The country graduates over 110,000 engineers on a yearly basis. Mexican professionals are highly trained. It is estimated that six out of every 10 PSP-certified developers in the world are Mexican.
Mexico is one of the most competitive countries in terms of cost and taxes. Opening a business in the country demands only six requirements and can take merely six days.
Mexico’s Position as a World Class Trader:
• 1st Place in Patents Granted
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Availability and use of ICTs
There are 80.6 million Internet users in Mexico, representing 70.1% of the population aged six and older. 51.6% are women, and 48.4% are men.
The three primary means of connecting users to the Internet in 2019 were: smartphones with 95.3%, laptop with 33.2%, and desktop with 28.9%.
Mexico has a sound base of advanced manufacturing facilities. It is the leading export country in Latin America.
It is ranked as the 19th most complex country in the Economic Complexity Index (ECI). In recent years, Mexico has advanced in areas such as research, development and technology transfer and industrial automation, to name a few. The country has high value-added products and widely developed economic sectors, including automotive, aerospace, electric-electronic, among others. Mexico is prepared for Industry 4.0.
Mexico is one of the most competitive countries in terms of cost and taxes. Opening a business in the country demands only six requirements and can take merely six days.
Mexico’s Position as a World Class Trader:
• 1st Place in Patents Granted
• World´s Leading Exporter of Flat-Screen TVs
• World’s Leading Exporter of Two-door Refrigerators with Freezer
• World’s Leading Producer of Organic Coffee
• World’s Leading Exporter of Papaya and Avocado
• World’s Largest Silver Producer
• Largest Exporter of Medical Devices (in Latin America)
• Second-Largest Wind Energy in Latin America
• Third-Largest Exporter of IT Services
• Fourth-Largest Exporter of Auto-Parts Globally
• Fourth-Best Location for Software Development
• Fourth-Largest Exporter of Cars
• Fifth-Largest Exporter of Computers
• Sixth-Largest Exporter of Global Aerospace Exports to the United States
• Seventh-Largest Producer of cars
• Tenth-Largest Exporter of Cell phones
• Nearshoring Strategies for Top Companies.
Availability and use of ICTs
There are 80.6 million Internet users in Mexico, representing 70.1% of the population aged six and older. 51.6% are women, and 48.4% are men.
The three primary means of connecting users to the Internet in 2019 were: smartphones with 95.3%, laptop with 33.2%, and desktop with 28.9%.
It is estimated that the country has 86.5 million cell phone users, representing 75.1% of the population aged six and older.
Electricity supply
99% of the country's inhabited houses have electricity; of them, 0.25% use solar energy as an alternative source, either exclusively or in a bidirectional or hybrid system (solar and public network).
Access to drinking water service
Potable water is a necessary service. It is an indicator of the quality of life of the population and the country's competitiveness in terms of the provision of services.
Of the 32,925,270 households reported in the 2016 National Household Survey, 22,428,142 (68%) have a daily water supply.
Financial Inclusion
At the end of 2019, the number of branches -banks and popular savings and loan institutions- in the country was 16,883, with a demographic coverage of 92%.
The number of branches per 10,000 adults was 1.8, and 125,997,761 deposit accounts were registered.
