Several initiatives are under way to transform Mexico’s major metropolitan areas into so-called smart cities, combining technology and government policy to create better economies, a cleaner environment and to improve mobility and governance in order to enhance the quality of life of their inhabitants. Among the benefits are greater efficiency...
Mexico’s IT services and software sector reported a compound annual growth rate of 12% between 2010 and 2016, with its market value estimated at $11.3bn in 2016, according to ProMéxico, the country’s investment and export promotion agency. In 2017 Mexico placed 13th out of 65 countries in terms of the best locations to provide IT, business...
Posting a GDP growth rate of 3.9% in the first half of 2017, Nuevo León outpaced the national economy, which grew at a rate of 2.5% over the same period. Despite a challenging year of slow growth in 2016, the manufacturing sector remained the main driver of the state’s economy in 2017, with the Chamber of Industry of Nuevo León (Cámara de la...
In addition to significantly expanding its manufacturing base, Guanajuato has also come a long way in building upon its roots in agriculture. For centuries Guanajuato has hosted a range of agricultural activities, with the sector traditionally being the primary source of income for much of the state. Over the last 20 years in particular many...
Nuevo León is the capital of advanced industry in Mexico; however, the state economy is not wholly dependent on manufacturing. In addition to a prosperous industrial base, Nuevo León has a well-developed banking industry, a growing construction sector, a robust logistics and transport sector, and increasingly dynamic energy and agriculture...
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