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).
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...
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...
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...
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