San Luis Potosí is an integral part of the Bajío industrial region – the engine of the national economy. Within Bajío, the state is a leader in several key industries and in recent years has moved to diversify its offerings. Traditionally, San Luis Potosí has been a centre of direct automotive manufacturing – which is still the largest industry in the area – but there...
According to the OECD, Hidalgo’s population is currently experiencing “a youth demographic premium”, meaning young people make up a large part of the population. Furthermore, 65% of its residents are between the ages of 15 and 64. There are also greater educational opportunities than in the past, and the percentage of 19- to 25-year-olds who had completed or were in higher...
In an effort to boost the state’s research and development (R&D) capabilities, in March 2019 Hidalgo announced that $25m of seed funding would be put towards developing Mexico’s first synchrotron, a type of cyclical particle accelerator. The federal government is expected to provide a further $500m for the project, which Alonso Huerta, director of the Council of Science,...
Alongside its focus on regenerating Mexico’s hydrocarbons industry, the administration of Andrés Manuel López Obrador has set the target of deriving 35% of the nation’s energy from renewable sources by 2025. However, Juan Pablo Torres Barrera, president of the state industry group Industriales Potosinos, said at the July 2019 Business Forum on Renewable Energy in San Luis...
Internet access is a constitutional right in Mexico, and while penetration rates are gradually increasing, the latest survey from the National Institute of Statistics and Geography suggests that Hidalgo has some work to do to improve connectivity. In 2017 the state ranked 22nd out of 32 nationally for the share of its population that used the internet (59.3%), while it ranked...
With an expanding economy and population, San Luis Potosí was ranked among the top-five Mexican cities for real estate investment in 2019 by online real estate marketplace Lamundi.com.mx and Mexican property consultant Gava Capital. While the prospects for the real estate industry in San Luis Potosí are bright, there is undoubtedly potential for growth in the sector. According...
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