Hidalgo Establishes Itself as a Strategic Destination for Nearshoring in Mexico
22/01/2025
Hidalgo has emerged as a key driver in Mexico's industrial development. Between May and June 2024, industrial activity grew by an impressive 6.8%, far surpassing the national average of 0.4%. This progress places the state in second place nationally for industrial growth.
Key Sectors Driving Nearshoring in Mexico
Two sectors stand out as pillars of this growth. On the one hand, construction experienced an outstanding annual increase of 23.8%, placing Hidalgo sixth nationwide in this area.
On the other hand, energy generation recorded an annual growth of 11.2%, positioning the state in fourth place, according to data provided by El Economista. This performance reinforces Hidalgo's position as a strategic destination for industrial investment.
Comparatively, Hidalgo’s annual industrial growth from June 2023 to June 2024 reached 5.3%, outperforming industrial states such as:
- Nuevo León (4.9%)
- Guanajuato (3.2%)
- Querétaro (2.3%)
- Mexico City (0.1%)
- Even reversing the -1.7% contraction in Jalisco.
These figures highlight Hidalgo’s central role in Mexico’s industrial landscape.
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Nearshoring in Hidalgo: A Strategic Opportunity
The state is also positioning itself to capitalize on the advantages of nearshoring in Mexico, a global trend reshaping supply chains. According to El Sol de Hidalgo, Hidalgo’s proximity to the Felipe Ángeles International Airport (AIFA) makes it a strategic point for foreign investment.
Everardo Sánchez Mayorga, President of Canacintra Pachuca, emphasized that Mexico—and particularly Hidalgo—is emerging as an ideal destination for this strategy, given its favorable geographic and economic conditions.
In addition, the state's security and proximity to the Valley of Mexico, the country's most populated area, enhance its appeal as a logistics and industrial hub. During the current state administration, more than 30 billion pesos in economic investments have been generated, translating into thousands of direct and indirect jobs, further solidifying Hidalgo's leadership in the industrial sector.
What Policies Drive Nearshoring Growth in Hidalgo?
Hidalgo's sustained growth is no coincidence; it results from public policies that promote investment, develop infrastructure, and ensure optimal conditions for the industrial sector.
These initiatives have enabled the state to maintain a cumulative growth rate of 2.3% in the first half of 2024, 1.6 times higher than the national average of 1.4%, according to El Economista. This performance promises a bright future for the local economy.
In conclusion, Hidalgo is positioning itself as a leader in industrial growth in Mexico and as a strategic destination for foreign investment, thanks to its geographic, economic, and security advantages. With solid infrastructure and a focus on nearshoring, the state is ready to establish itself as an epicenter of industrial development in the coming years.
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Frontier Industrial: A Strategic Partner for Industrial Development in Mexico
At Frontier Industrial, we drive the growth of industrial activities in Mexico by creating Class A infrastructure specifically designed to meet the demands of nearshoring.
Our solutions combine:
- Access to strategic services
- Exceptional connectivity
- A focus on sustainability
These features create an optimal environment for companies to maximize their potential in the country.
Hidalgo represents a unique opportunity in the industrial landscape, and at Frontier, we are committed to facilitating project development that capitalizes on these advantages. Discover how our expertise and vision can be the catalyst you need for your next project in Mexico.
