San Luis Potosí Strengthens Its Appeal with USD 3.65 Billion in FDI in 2024

San Luis Potosí recorded USD 3.65 billion in foreign direct investment in 2024, ranking 10th nationwide. During the period covering the fourth quarter of 2024 and the first quarter of 2025, the Ministry of Economic Development (Sedeco) reported an additional USD 894.5 million, reinforcing the state’s trajectory in attracting productive capital.

Companies betting on SLP

Five international companies announced operations in the state: KBY Mexico, Fuchs Lubricants, Unitekno, Kingfa Sci & Tech, and San Luis Dasung. These projects created 2,003 direct jobs and boosted construction, trade, and service sectors, generating positive effects for local suppliers and demand for specialized talent.

The arrival of these firms consolidated San Luis Potosí as a competitive destination for new investments. The sectoral mix expanded the state’s productive base and strengthened its business ecosystem, with expectations of spillover in training, technology adoption, and contracts with SMEs.

Competitiveness and economic growth

Over the past four years, the state’s economy accumulated 11.5% growth, reaching seventh place nationwide. In addition, the 2025 State Competitiveness Index ranked San Luis Potosí 12th, reflecting favorable conditions for investment, talent availability, and a reliable business climate.

FDI and job creation results aligned with an economic promotion strategy that prioritizes certainty for manufacturing and service projects. Coordination with Sedeco facilitated the integration of updated data and streamlined processes for the establishment of new plants and expansions.

In the short term, the challenge will be to transform capital inflows into greater productivity and supply chain integration. Collaboration among companies, suppliers, and academic institutions can increase value-added, knowledge transfer, and skilled labor mobility in the state.

Investment closings and advances in competitiveness open opportunities for San Luis Potosí to climb in capital attraction and talent development. The continuity of projects and consolidation of business clusters could translate into greater diversification and stability in formal employment.