Today, Mexico's competitiveness is not a pyramidal issue, but rather its expressions are geared towards the capacity of each federative entity to offer infrastructure, legal certainty, and specialized talent. The ability to define strategies to face greater geopolitical and economic uncertainty will be key for companies, states, and even countries to have and strengthen their competitive advantage. From Nuevo León, we have witnessed how the relocation of companies, particularly in high-tech and electromobility sectors, transforms entire communities. States must begin to generate knowledge to capitalize on the opportunities that nearshoring brings. It works as a roadmap that articulates public policies, programs, and projects with a medium and long-term vision. Third, subnational diplomacy: Through bodies like AMAIE, the states are assuming a role of 'economic ambassadors'. To capitalize on it, we need a collaborative federalism, where foreign policy and local economic policy walk hand in hand. Second, infrastructure for connectivity: the success of nearshoring depends on our ability to move goods and energy. Projects such as the modernization of customs, the strengthening of the electrical grid, and the creation of mass transportation systems, such as the monorail in Monterrey, are essential to absorb international demand. First, legal certainty and the rule of law: large-scale investments seek stability. Legal security is the best fiscal incentive we can offer. Staying competitive is increasingly difficult but also more necessary. However, the benefit of nearshoring should not be exclusive to one region; it should be the spearhead for a new state development model that would be the comprehensive strategy each local government designs to guide the economic, social, and environmental growth of its territory. The phenomenon of nearshoring is not only the present and an economic trend, but it must be perceived as a reconfiguration of global value chains that places our states at the epicenter of investment. As authorities, our main responsibility is to ensure that the rules of the game are clear and permanent. Mexico is at a turning point. That is the vision we have now built in the coordination office of the presidency of the Mexican Association of State International Affairs Offices. The social benefit of nearshoring is tangible: better jobs, technology transfer, and an increase in local revenue that translates into better public services. Identifying problems is one thing, finding solutions is much more complex and takes time. We no longer wait for investments to come; we go out and look for them, negotiating directly with the markets of North America, Asia, and Europe.
Mexico's Competitiveness and State Development Strategy
Mexico is at a turning point. To strengthen its competitive advantage, states must focus on three pillars: legal certainty, infrastructure, and subnational diplomacy to capitalize on the opportunities brought by nearshoring.