The authorities have long recognised the importance of research and innovation to the development of a strong and sustainable economy. To date, however, a number of structural challenges have somewhat limited innovation, and certain government research and development (R&D) spending goals remain unmet.
New flight routes added to Mexico’s secondary cities are attracting more visitors and investment to these destinations, creating a positive cycle of growth. Tourists are increasingly venturing out of Mexico’s four traditional tourist centres – Mexico City, the Mayan Riviera with Cancún as the star attraction, the Riviera Nayarit with Puerto...
Mexico is engaged in a major port expansion programme aimed at doubling the country’s freight-handling capacity to 520m tonnes per year. The achievement of this goal is seen as crucial to long-term development given the significance of the segment for the import of raw materials and the export of manufactured products. The expansion of the...
Mexico’s transport sector is undergoing major expansion, providing increased investment opportunities. Among the ongoing projects is a $13bn international airport in Mexico City (Nuevo Aeropuerto Internacional de la Ciudad de México, NAICM), which was originally slated for completion in 2020 but is likely to be delayed until 2023. Work is also...
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...
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