Are you a Canadian or US company seeking new horizons for investment and business expansion?
Look no further than Mexico, a nation of vast potential and unparalleled diversity. As experts in investment and business expansion in Latin America, we're here to guide you through the wealth of opportunities that await in Mexico's dynamic and evolving market.Mexico: A Glimpse into the Future
With over 128 million people, Mexico stands as the most populous Spanish-speaking country globally. But its allure extends beyond its demographic might. Did you know that Mexico houses the largest pyramid in the world, the Great Pyramid of Cholula? With a base four times larger than the Great Pyramid of Giza, this architectural marvel symbolizes Mexico's grandeur.
Beyond its historic wonders, Mexico boasts a robust economy set to soar. The projected GDP growth of 4.1% in 2023 is expected to elevate Mexico's economy to a staggering $1.4 trillion USD. Moreover, the population is set to reach 128.5 million by year-end, underlining the consistent growth momentum with a 0.75% increase compared to 2022.
Thriving Industries and Promising Sectors
Mexico's economic landscape is diverse, encompassing industries that span manufacturing, petroleum, mining, aerospace, tourism, and agriculture. In 2023, the manufacturing sector is poised to be the economy's driving force, contributing over 18% of the GDP and an impressive 87% of total exports. This competitive edge is further fueled by the nation's pivotal role in the USMCA trade agreement, which propels Mexico's export-driven economy.
Sustainability is the buzzword in Mexico's manufacturing sector this year. With a resolute focus on green practices and reduced environmental impact, businesses are embracing the circular economy, renewable energy, waste management, and carbon footprint reduction. This strategic alignment with sustainability echoes the commitment of Mexican industries to a better, greener future.
Investment Factors: Why Mexico?
As you contemplate your next strategic move, consider the compelling factors that make Mexico an investment hotspot:
Export-Driven Economy with USMCA: The USMCA trade agreement anchors Mexico's economy to the robust markets of the United States and Canada. This strategic framework opens doors to enhanced trade and investment opportunities.
Competitive Manufacturing Sector: Mexico's manufacturing prowess is especially evident in the automotive industry. With a skilled workforce and cost-efficient production, the sector is primed for growth and innovation.
Large Domestic Market: Mexico's burgeoning middle class and youthful population offer a vibrant consumer base. Tap into this vast market and watch your business thrive.
Abundant Natural Resources: From oil and gas to minerals, metals, and agricultural products, Mexico's resource wealth creates a fertile ground for various industries to flourish.
Vibrant Innovation Ecosystem: Mexico's commitment to research and development is underscored by incentives designed to foster innovation. Join this vibrant ecosystem and carve a niche for your brand.
Beyond Business: The Enchanting Mexico
While Mexico beckons with business potential, it's also a land that captivates the soul. From the bustling streets of Mexico City to the sun-kissed beaches of Cancun, this country offers a spectrum of experiences:
Xcaret: Immerse yourself in Mexico's history, culture, and biodiversity at this sprawling eco-archaeological park. Dive into underground rivers, share moments with dolphins, and bask in the wonders of the Mayan civilization.
Museo Nacional de Antropología: Embark on a journey through Mexico's ancient past at this monumental museum. Explore artifacts from civilizations like the Aztecs, Maya, Olmec, and Teotihuacan, and witness the tapestry of history.
Chichen Itza: A UNESCO World Heritage Site, Chichen Itza unveils the marvels of the Maya empire. The iconic pyramid of Kukulkan and other architectural wonders offer glimpses into an advanced civilization.
Cancun: Relax on the pristine beaches, dive into turquoise waters, and soak in the electric nightlife of this tropical haven. Explore neighboring gems like Isla Mujeres, Cozumel, and Tulum for a well-rounded experience.
Oaxaca: Immerse yourself in the rich cultural tapestry of Oaxaca. Traverse colorful streets, indulge in culinary delights, and discover the blend of indigenous and colonial heritage.
Seize the Opportunity: Connect with Us
Mexico's potential is boundless, and your business can be an integral part of its growth story. As your partners in investment and business expansion, we're here to guide you every step of the way. To embark on this transformative journey, fill out the form below to connect with our experts. Let's unlock the possibilities that Mexico holds for your business and make your investment dreams a reality.
Ongresso - Your Swiss Partner in LatAm assist you with the softlading process of ryour business in the Aztec country. Contact us today to begin your journey.