Everscale Monthly Insights
Everscale Group
Leader in the Setup of Temporary/Permanent Subsidiaries in Mexico for US Delivery, or to enter Latin America via Mexico.
Welcome to this month's edition filled with regional?insights?worth keeping an eye on. Trends and Operational Best Practices.
Here is a glimpse of what we have for this month:
WHAT′S TRENDING?
Investments worth nearly US $26B announced for Mexico so far this year – ?March 1, 2024 ? ?
Mexico can expect to receive almost US $26 billion in new investment in the next two to three years based on investment announcements made by foreign and Mexican companies in the first two months of 2024.
The Economy Ministry (SE) said in a new report that companies made 52 investment announcements totaling $25.84 billion between Jan. 1 and Feb. 29.?
The SE said that 62% of the money, or just over $16 billion, will go to the manufacturing sector, while just over 19%, or almost $5 billion, is headed for the “mass media” industry, which includes data centers. Just over $4.4 billion, or 17% of the total, will go to the transport sector, the ministry said. Read more
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U.S. Tech Giants Turn to Mexico to Make AI Gear, Spurning China? - ?The New York Times – March 31, 2024 ?
?Taiwan-based contract manufacturers step up investment south of the U.S. border for American clients.?
Some of the biggest U.S. companies in artificial intelligence have asked their Taiwanese manufacturing partners to step up production of AI-related hardware in Mexico, seeking to diminish reliance on China.Read More
Mexican Unemployment Hits an All-Time Low? – Latinometrics, April, 2024? ?
How does Mexico compare to the rest of the world? The OECD - OCDE (which includes 38 major economies) puts it second only to Japan in terms of low unemployment. ?Let that sink in: finding a job in Mexico is easier than in the US, the UK, and Germany. Read more
领英推荐
GOODS READS
?Why Tech Manufacturing Is Moving to Mexico? – Wall Street Journal Podcast; April 2024.
As U.S. tech companies seek to reduce their reliance on China, they’re pushing overseas partners, who make the technology that powers artificial intelligence, to shift more manufacturing to Mexico. WSJ deputy editor for Latin America Santiago Pérez tells host Alex Ossola which companies are making the move, and what impact that could have on Mexico.? Read more
The latest Market Research and Insight on Top Nearshore locations in Latin America? ? - Analysis, February 2024? ?
A compilation of the best locations in Latin America for setting up nearshore operations as well an in-depth of the pros and cons of each location.?
Also a deep dive on talent and employment data in Mexico including a city by city comparison. Read more.
Mexico Trivia
The border between the USA and Mexico is the 2nd longest in the world, and the official name for Mexico is the United Mexican States.??
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