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More and more commercial transactions are moving online and the so-called digital economy continues to expand its reach into every facet of the traditional analogue economy. For businesses this means they have access to new channels to reach existing clients as well as new opportunities to expand market share with a competitive digital offering. For consumers the ever-...

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,...

Since 2013 Mexico’s ICT sector has positioned itself for new investment opportunities on the back of constitutional reforms that sought to increase competition and reduce monopolistic behaviour in the market, especially when it came to telecommuications. At the beginning of the decade América Móvil, owned by Mexican billionaire Carlos Slim, dominated mobile telecoms, an...

As tech business grows more expensive in California’s Silicon Valley, some investors are looking to alternative markets for lower costs and ventures that promise growth. The tech ecosystems in Berlin and Barcelona are among the locations absorbing investment, while in Latin America Mexico City is competing for prominence among the region’s tech cities. Mexico City’s proximity...

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...