Mexico: North And Centre Primary Beneficiaries Of Manufacturing Boom
We believe that Mexico's manufacturing sector will continue to expand at a robust pace in the coming years, driven by ease of access to a recovering US consumer market, competitive wages and well-established supply networks, which will continue to attract foreign investment into the sector. The autos sector will remain a top performer within the broader manufacturing sector given the expansion in production capacity in recent years and the strong integration with the supply chain of the US market. The northern and central Mexican states, especially Coahuila, Puebla, the State of Mexico, Nuevo Leon, Guanajuato and Aguascalientes, will be the main beneficiaries of the robust expansion in the manufacturing sector. This podcast features Elijah Oliveros-Rosen, BMI's Mexico Country Risk Analyst.