During this period, the private sector made 587 investment announcements, the amounts of which are expected to enter the country in the next two or three years.
Mexico maintains a diversified portfolio in its investment announcements, which from January 2023 to September 2024 accumulated an amount of US$ 175,448 million, according to data from the Ministry of Economy.
In total, the Mexican private sector made 587 investment announcements, whose investments are expected to enter the country in the next two or three years.
Investments still in the process of being finalized include Mexico Pacific Limited (United States, natural gas transportation, US$15 billion), Tesla (United States, automobile production, US$10.026 billion), Copenhagen Infrastructure Partners (Denmark, wind energy, US$10 billion), Woodside Energy (Australia, oil, US$7.2 billion) and KIA Motors (Korea, automobile production, US$6 billion).
The Ministry of Economy has also referred to investments by FEMSA, for US$ 11,665 million, and Ternium, for US$ 6,553 million.
By sector, of the total investments detected in the announcements, the manufacturing sector captured US$ 88,792 million, followed by energy (US$ 24,896 million), transportation (US$ 22,465 million), construction (US$ 16,753 million), commerce (US$ 11,236 million) and mass media (US$ 5,518 million).
Investment announcements are made in all 32 federal entities, with amounts announced in recent months from Baja California to the Yucatan Peninsula, with companies gradually moving south of the country.
Please note: investment announcements for the Isthmus of Tehuantepec region (Oaxaca and Veracruz) have not yet been considered. The tendering decision for the first five Development Poles for Well-Being (PODEBIS) has already been issued and another three PODEBIS, located in the state of Oaxaca, are in the process of being tendered.
More recently, food company Nestlé announced that it will invest US$1 billion over the next three years to expand its production in Mexico.
In turn, Ted Sarandos, CEO of Netflix, announced that the streaming giant will invest US$ 1 billion to produce series and films in Mexico over the next four years.
Another case is that of the company Grupo Medline, which announced an investment of US$ 250 million in a plant in Nuevo Laredo, Tamaulipas.
This company focuses on the health care sector, focusing on the manufacturing and distribution of medical supplies. Its business presence extends to more than 125 countries.
Previously, other relevant announcements were the following: LGMG Group (China, industrial parks, US$ 5 billion), CloudHQ (US, telecommunications works, US$ 3.6 billion), Jetour (China, automobile production, US$ 3 billion) and Pegatron and Wistron (Taiwan, semiconductors, US$ 2 billion).
There are also DHL Supply Chain (US$4 billion), Solarever (US$601 million) and ELAM-FAW (US$407 million). Both Solarever and ELAM-FAW are car manufacturers, while Unison Shanghai produces auto parts.
US COMPANIES ARE THE MOST INTERESTING IN THE COUNTRY
American companies are the ones showing the greatest interest in the country, with an investment expectation of US$ 72.895 billion. Also, countries like China with US$ 16.938 billion, Germany with US$ 12.159 billion, Argentina with US$ 10.673 billion and Denmark with US$ 10.170 billion.
On the other hand, the distribution of investment expectations throughout the country reflects the increase in competitiveness shown by the western-southern region, which accumulates an expected investment amount of US$ 39,005 million. The northern-central region maintains its dynamism, expecting investments of US$ 131,640 million.
