Economy Local May 08, 2025

Nearshoring Boosting Investment in Nuevo León

Nuevo León is attracting nearly $5 billion in foreign investments, particularly from Asian and European companies, due to U.S. tariffs. Officials expect further investments through the Supply HUB platform, enhancing local production.


Nearshoring Boosting Investment in Nuevo León

The dispatcher in charge of the Secretariat of Economy of Nuevo León, Emmanuel Loo, highlighted the arrival of nearly 5 billion dollars in new foreign investments for the region. He emphasized the importance of more companies following this model, integrating local suppliers to boost economic growth in the state.

During the Expo Fabtech 2025, Loo mentioned that in recent months there has been a significant increase in nearshoring, with the arrival of companies from Asia, Taiwan, Spain, Sweden, Korea, and Japan. He explained that many of these companies show greater interest in Nuevo León due to the tariffs imposed by the United States.

The diversity of the industry in the region and the need to meet the origin requirements of the USMCA was underscored. It is observed that companies previously from China are opting to produce in Mexico to avoid the fiscal impacts arising from tariffs.

Emmanuel Loo emphasized that during Donald Trump's tariff war, Nuevo León has managed to incorporate foreign investment of 5 billion dollars without suffering negative effects. He anticipated that by complying with the USMCA guidelines, a new wave of nearshoring is expected, not only from Asia but from various parts of the world.

The official highlighted the implementation of Supply HUB, a government platform that helps align companies with USMCA requirements. Opportunities have been identified for local companies to invest in technology and become suppliers to larger entities.

In particular, the recent arrival of delegations from Taiwanese companies to the region was mentioned, along with the upcoming visit from the ambassador of Sweden, the country that supplies Volvo. This scenario suggests an increase in interest from companies in Asia and Europe to establish themselves in Nuevo León, in search of complying with USMCA regulations and avoiding tariff taxes.