Is Nuevo Leon’s Infrastructure Capable of Catering to Tesla?
This week, Monterrey is set to receive billions of dollars in investment from Tesla, which is expected to boost the region’s economy. However, experts believe that the city’s current infrastructure might not be able to support the forecasted growth. Furthermore, industrial real estate company Newmark said Monterrey is the most attractive destination for industrial investment as the availability of space is below 1%.
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Nuevo Leon’s Infrastructure Insufficient to Host Tesla: ANEI
Tesla’s recently announced gigafactory in Santa Catarina, Nuevo Leon is expected to reshape the state’s industry. However, experts have warned that the state’s infrastructure capabilities might not be sufficient as roads are already forming bottlenecks in some parts. The need to develop further infrastructure has also attracted local financial institutions, which expressed their desire to help solve the issue.
Monterrey, Most Attractive City for Industrial Sector: Newmark
Mexico’s Northeast is among Mexico’s main destinations for foreign direct investment (FDI), which has spurred the construction of industrial parks. Currently, cities like Monterrey have shown real estate availability rates below 1%. Newmark says this region offers competitive advantages beyond cheap labor costs, making Monterrey one of the most dynamic cities in the country.
Nearshoring an Invaluable Opportunity for Mexico
Marcelo, Herrera, President, the National Association of Manufacturers of Paints and Inks (ANAFAPYT) highlights how nearshoring is reshaping the way business is done in the world and how Mexico is harnessing this situation as many companies believe the country has several competitive advantages, being its privileged location near the US one of the most important factors.
Hybrid-Electric Power: the Future of the Aerospace Industry
Reducing the CO2 emissions of aircraft, helicopters, satellites and launch vehicles is still one of the most prominent objectives of the aerospace industry. Decarbonization requires various disruptive solutions that mix new fuel types and fledgling technologies, so a collaborative approach to this goal will deliver the fastest results.
Sustainable Infrastructure Bonds Issued on Mexican Stock Exchange
The construction of buildings and infrastructure accounts for 29% of energy process-related CO2 emissions, according to the International Energy Agency. In this scenario, the construction sector and infrastructure developers are looking to fund sustainability projects via Sustainability-linked bonds issued at the Mexican Stock Exchange (BMV).
Holcim Acquires Mexican Hardware Retailer INDAR
The Switzerland-based cement giant Holcim announced it acquired the Mexican company INDAR, a leading hardware wholesaler. Holcim believes this move will strengthen its Mexican operations since INDAR has logistical advantages that can be incorporated into Holcim’s operation. The acquisition is the latest in the company’s series of recent acquisitions.
Trivasa to Incorporate Plastic Resin into Construction Blocks
To make the construction industry greener, construction material company Trivasa seeks to incorporate plastic waste into the fabrication of concrete blocks. This effort will be supported by the Center for Regenerative Design & Collaboration (CRDC), which will provide the technology to process plastic resins.