The arrival of new investments is not only boosting economies, but also the demand for and construction of industrial parks across the country.

For example, while there were only 273 parks in 2019, by the end of 2023, the number had risen to 460, representing an increase of nearly 70%, according to data from the Mexican Association of Industrial Parks (AMPIP).

According to analysts, this boost has been driven primarily by the arrival of more investment in the country and the need for companies to have space to grow their projects.

AMPIP highlighted that the states with the largest number of industrial parks are Nuevo León, Baja California, the State of Mexico, Chihuahua, Guanajuato, Coahuila, Jalisco, and Tamaulipas.

In the state's case, there are nearly 250 industrial parks, said Emmanuel Loo, Undersecretary of Investment at the Ministry of Economy, emphasizing that this is one of the main attractions the state offers to companies.

In fact, this has led to it accounting for 76% of the nearshoring that reaches Mexico today.

Investment announcements for Nuevo León, from October 2021 to June 2024, already total $65.5 billion and correspond to a total of 262 projects, of which 135 are new investments and 127 correspond to company expansions.

Meanwhile, the industrial park boom will continue, as there are currently at least 50 industrial parks under construction across the country.

This scenario has also favored the growth of the construction sector nationwide, which is expected to grow by 5% by year-end compared to 2023.

According to experts, this industry has benefited primarily from civil engineering projects, followed by construction work, and then specialized work.

There has also been a notable increase in the demand for infrastructure, mainly energy, warehouses and industrial parks, storage warehouses and distribution points or
Logistics.

It's worth mentioning that in October of last year, El Horizonte reported that the arrival of more companies to the state caused a significant increase in demand for industrial space, to the point where its availability was almost nonexistent.

Real estate experts reported that the types of buildings sought by foreign companies arriving in Nuevo León range from 2,000 square meters upwards, and at the time, the availability rate was below 1 percent.

The Horizon. Industrial park boom; growth of 70%