Mexico will receive a Foreign Direct Investment (FDI) of 15 billion dollars in automotive parts

Mexico will receive a Foreign Direct Investment (FDI) of 15 billion dollars in the automotive parts sector, as announced by Francisco González, president of the Industria Nacional de Autopartes (INA). The arrival of between 50 and 100 companies to the sector is anticipated, signaling a notable recovery and boost in the nearshoring process.

These details were shared during the XXIX Congress of Mexican Foreign Trade, where González specified that some of these companies will be new to the market, mainly coming from trading partners such as the United States and China.

The president of INA highlighted a historic growth, emphasizing that out of the total 15 billion dollars expected in the next two years due to the relocation phenomenon, at least 40% will be allocated to the automotive parts sector. This investment will be distributed primarily in the northern, central, Bajío, and western regions of the country.

It's worth noting that some of these new companies are expansion projects by already established firms in Mexico or those that have implemented new production lines.

Regarding the topic of electromobility, González pointed out that this will position Mexico as one of the main countries in production and exportation in this field. Additionally, he underscored that the success of nearshoring in the automotive parts sector depends on three key elements: infrastructure, clean energy, and human talent.