Logistics Thrives in the State of Mexico: Alfredo del Mazo
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Logistics Thrives in the State of Mexico: Alfredo del Mazo

Photo by:   Government of the State of Mexico
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Adriana Alarcón By Adriana Alarcón | Journalist & Industry Analyst - Tue, 09/05/2023 - 11:03

The logistics sector accounted for 54% of all the investments announced during the administration of Alfredo del Mazo, outgoing Governor of the State of Mexico. During his Sixth Governmental Address, del Mazo highlighted that his government prioritized generating conditions of certainty and security for investors.

During del Mazo’s six years in office, the state attracted 95 investments, totaling MX$215.9 billion (US$12.5 billion). Of those, 57% came from national investors and 43% came from foreign investors. Of the 95 projects, 34 were related to logistics, amounting to MX$116.9 billion (US$6.8 billion). The projects in this sector include the Toluca Industrial Park by Artha Capital, Punta Norte Logistics Park in Cuautitlan Izcalli and Cedis Tepoztlan by Onest Logistics.

The real estate services sector secured 42% of those investments, followed by manufacturing with 36% and construction with 12%. According to del Mazo, one key strategy employed to attract foreign investment was the development of industrial clusters and the integration of foreign companies into regional supply chains. Furthermore, investments were made in infrastructure and public services to enhance the state’s competitiveness. This included expanding roads, airports and industrial parks and strengthening telecommunications networks.

Regarding foreign direct investment (FDI), the manufacturing sector registered US$5.7 billion, representing 45.7% of total FDI. During del Mazo’s administration, 12 logistic-industrial parks were built, with an additional 16 developments underway. The administration also facilitated the sale of 274,338.66 m2 of land within industrial parks managed by the Trust for the Development of Industrial Parks and Zones in the State of Mexico (FIDEPAR), attracting investments worth MX$261.4 million (US$15.2 million).

The government also developed an Interactive Map of Industrial Parks to promote productive investment, enabling prospective investors to identify key industrial zones and those in active development and align their projects to the most suitable locations within the state.

Meanwhile, to promote training in the field of freight transportation and enhance labor productivity, the government inaugurated a maneuvering yard at the Cuautitlan Izcalli Schools of Arts and Crafts of the Valley of Mexico (EDAYO), with a state investment of over MX$10 million (US$582,200). Using a driving simulator, participants can access theoretical and practical courses, meeting the demands of productive sectors such as logistics. 

Photo by:   Government of the State of Mexico

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