Mexico

The state of San Luis Potosí has played a pivotal role at numerous junctures in Mexico’s rich and diverse history. The land marked a crossroads between different cultural regions – Mesoamerica and Aridoamerica – and was home to a number of tribes, such as the Otomi and Chichimeca, for millennia. Like many regional groups, their religion and culture were characterised by the...

With an eye on diversification and increased value-added production and services, the state of Hidalgo has been working in recent years to revitalise its business climate to entice both domestic and international investment in a way that trickles down throughout the local economy, boosting salaries and improving livelihoods. To that end, the government has implemented what in...

With the primary materials industry accounting for just 4.9% of state GDP in 2019, San Luis Potosí has come a long way since its foundation as a mining town in 1592. The early days of the city’s economic development are owed to its precious metal deposits, and the mark they made on the colonial economy was significant. As Mexico progressed, San Luis Potosí found itself in the...

The largest single private investment in the history of Hidalgo, Grupo Modelo’s new brewery in the southern municipality of Apan opened in March 2019 and is a key anchor investment for the state.

Compared to three other sectors selected as strategic by Hidalgo’s state government, the chemical-pharmaceuticals sector has additional room to grow in terms of the aggregate amount of investment that has arrived during the tenure of this administration.

According to an OECD statement delivered in May 2019, SMEs will play a key role in the economic development of Hidalgo. The organisation suggested that the state should look to create “a more strategic vision to integrate local programmes with funding and leverage the National Entrepreneur Fund”. The fund, however, no longer exists; it was created in 2013 as an initiative of...