453 new foreign businesses expected to arrive in Mexico within 2 years

A survey conducted by BBVA Research and the Mexican Association of Private Industrial Parks (AMPIP) has forecast that by 2025, 453 new foreign companies will relocate to Mexico as nearshoring in Mexico continues to prove an attractive option for international manufacturers.

But to seize the opportunity, the report suggests, Mexico must improve its energy policy, ensure water supply and reduce bureaucracy.

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SOURCE: Mexico News Daily