Yucatan has become a major hub for attracting business and industrial investments. It is now a region with competitive advantages, thanks to the improvement of its logistical infrastructure and excellent connectivity. These factors have enabled it to establish itself on the industrial map as an ideal destination for nearshoring.
Nearshoring is a business strategy that involves relocating factories or distribution centers for a product to an area with closer geographical proximity to the consumer market. This results in cost reduction in terms of labor, distribution, electricity, fuel, and more.
In addition to reduced response times and transportation costs, other advantages of nearshoring include improved efficiency through technology, physical and geographical proximity, and the potential for closer collaboration with the consumer market.
In the past North Capital Forum, Mauricio Vila Dosal, governor of Yucatan, addressed international business leaders from various economic sectors and government representatives from Mexico, the United States, and Canada. He mentioned that, according to a study conducted by a Swiss bank, the state ranks third nationally in nearshoring utilization.
Yucatan boasts extensive air, sea, and land connectivity, with the sixth-largest airport in Mexico and the busiest container port in the southeast. Additionally, it hosts logistical centers for companies such as Woodgenix (the main producer of kitchen cabinets for Disney and Home Depot), Amazon, Walmart, Oxxo, and Coppel.
With Nuevo Leon in the first position and Coahuila in the second, Yucatan stands as the sole southeastern state on the national industrial map. Despite being far from the northern border, unlike the top two states, it offers a secure environment with infrastructure, energy, connectivity, and a skilled workforce.
As an investor, Yucatan is the ideal location for your business. Don't miss out on its excellent geographical position and other characteristics that make it a national and global reference for nearshoring.
Explore Endemico Industrial Logistics SME Park by SIMCA Real Estate in Merida, and relocate your business, warehouse, point of sale, office, workshop, or studio to Yucatan, a region that has everything to enhance your presence in the industrial sector.
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