Economy

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Alongside its focus on regenerating Mexico’s hydrocarbons industry, the administration of Andrés Manuel López Obrador has set the target of deriving 35% of the nation’s energy from renewable sources by 2025. However, Juan Pablo Torres Barrera, president of the state industry group Industriales Potosinos, said at the July 2019 Business Forum on Renewable Energy in San Luis...

The state of San Luis Potosí has played a pivotal role at numerous junctures in Mexico’s rich and diverse history. The land marked a crossroads between different cultural regions – Mesoamerica and Aridoamerica – and was home to a number of tribes, such as the Otomi and Chichimeca, for millennia. Like many regional groups, their religion and culture were characterised by the...

With an expanding economy and population, San Luis Potosí was ranked among the top-five Mexican cities for real estate investment in 2019 by online real estate marketplace Lamundi.com.mx and Mexican property consultant Gava Capital. While the prospects for the real estate industry in San Luis Potosí are bright, there is undoubtedly potential for growth in the sector. According...

With an eye on diversification and increased value-added production and services, the state of Hidalgo has been working in recent years to revitalise its business climate to entice both domestic and international investment in a way that trickles down throughout the local economy, boosting salaries and improving livelihoods. To that end, the government has implemented what in...

The largest single private investment in the history of Hidalgo, Grupo Modelo’s new brewery in the southern municipality of Apan opened in March 2019 and is a key anchor investment for the state.

With the primary materials industry accounting for just 4.9% of state GDP in 2019, San Luis Potosí has come a long way since its foundation as a mining town in 1592. The early days of the city’s economic development are owed to its precious metal deposits, and the mark they made on the colonial economy was significant. As Mexico progressed, San Luis Potosí found itself in the...

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