The Americas Economy

Named after one of the initiators of Mexico’s War of Independence, Miguel Hidalgo y Costilla, the state authorities have been working to enhance Hidalgo’s position through more effective inter-dependance with the country’s capital, based on the state’s proximity, logistics capabilities and ongoing developments in key industrial sectors.

With its central location complemented by strong transport connections that link the state both to the large consumer market of Mexico City next door and destinations further afield – including ports that provide access to imports and exports – it is no wonder that Hidalgo is promoting its transport links as a key incentive for businesses...

Centrally located and right next door to the large consumer market that is Mexico City, Hidalgo is ideally placed to benefit from its access to key markets across the country, as well as the ports that open access to markets around the world. National development preceded unevenly over recent decades, however, and the state has slipped into...

In November 2017 Grupo Modelo – part of global brewing giant AB InBev and Mexico’s largest beer maker – announced plans for its eighth brewery. The proposed project, to be developed in the municipality of Apan, is by far the biggest private investment ever to be made in Hidalgo, at MXN14bn ($756.6m).

For decades the state government has prioritised the development of the automotive industry, and these efforts have led to it becoming a vital sector for Guanajuato. As such, it is now recognised as one of Mexico’s great economic success stories. “Until 1991, when General Motors arrived in Silao, the state’s economy was mainly based on...