MEXICO Trends and Developments Contributed by: Javier Domínguez, Santiago Carrillo, Gabriel Torres and Diego Rodríguez, Ritch Mueller
ments must commit to developing infrastructure and making services available in order to achieve a large-scale project such as the gigafactory. At the same time, this example offers some hope, as it shows that it is possible to earn the ben - efits of nearshoring when the will of investors is aligned with that of governments. Conclusion In the current context of the nearshoring boom, Mexico holds an advantageous position that sets it apart from other countries competing to attract foreign production chains, particu - larly those companies whose main customers are located in the United States. Based on the aforementioned data, nearshoring has increased investment in Mexico, particularly with a grow - ing number of new investors. This reality means that there is an increased demand for modern industrial spaces and services, such as water and electricity, which the country may not be prepared to meet.
Both the private and public sectors have devel - oped strategies to fully utilise the benefits of nearshoring. Nonetheless, Mexican investors can still seize certain opportunities to acceler - ate the development of the country’s industrial zones and benefit from the historic opportunity that nearshoring represents.
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