EQT Exeter invests 240 million dollars to build a new industrial park in the State of Mexico

By Israel Molina

Estado de México

April 6, 2022

The EQT Exeter Group will start with a state-of-the-art complex, planned in the municipality of Teoloyucan, a project that contemplates an investment of 240 million dollars and the creation of approximately 6,000 sources of employment.

The Governor of the State of Mexico held a meeting with directors of the company EQT Exeter, a world leader in the industrial real estate sector , where new investments for the entity were announced, such as the creation of the  Exeter Teoloyucan Industrial Park.

This complex, which will be located in the municipality of Teoloyucan, will contribute to the generation of thousands of jobs and is planned to be developed in an area of ​​48 hectares,  this project will be built in two years and will have four industrial buildings and infrastructure with class standards worldwide, aimed at companies in the logistics, distribution and light manufacturing sectors. 

In this meeting, which was held in the "Guadalupe Victoria" Hall of the Government Palace of the entity, the president highlighted the importance of this project, since it will generate 2,500 direct and 3,500 indirect jobs , generating well-being for families from Mexico. 

Before Ricardo Serrano Cejudo, general manager of the company, the president stated that the Mexican government will continue working to respond to the confidence of investors with security, qualified professionals, as well as more and better infrastructure and connectivity. 

Two years ago, EQT Exeter , a US firm with 16 years of presence in the industrial real estate sector worldwide, saw an ally in the State of Mexico to boost its presence in the country. It is linked to the logistics sector, whose growth is a development engine for the establishment of more companies and generates greater job opportunities for families. 

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