Queretaro Rises as Tech Hub in Mexico: Mauricio Kuri
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Queretaro Rises as Tech Hub in Mexico: Mauricio Kuri

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Diego Valverde By Diego Valverde | Journalist & Industry Analyst - Mon, 06/24/2024 - 15:22

Mauricio Kuri González, governor of Queretaro, highlighted the state's emergence as a technological epicenter in Mexico, attributing this to recent significant investments by major international corporations. He specifically noted the establishment of Amazon, DHL, and Samsung within the state.

As previously reported by Mexico Business News (MBN), Amazon Web Services (AWS), a subsidiary of Amazon, announced a US$5 billion investment  over the next 15 years to build three data centers in the municipalities of Colon, El Marques and Pedro Escobedo, strengthening the state's technological infrastructure, providing advanced capabilities for data processing and storage.

"AWS's infrastructure expansion in Queretaro is a testament to our state's commitment to advanced technology and innovation, and to the work we've done to create an environment where technology companies can thrive," said Mauricio Kuri. "This investment reinforces our role as a leader in Mexico's digital transformation and helps us drive economic growth. With AWS, we look forward to adding jobs, generating new businesses, and expanding opportunities for the people of Queretaro and across the country."

In May 2023, DHL Express announced a US$120 million investment to expand and automate its domestic hub at Queretaro International Airport (AIQ). According to El Economista, this investment will transform the Queretaro hub into the DHL’s most advanced air operations center in Latin America, surpassing its current complex in Mexico City. 

DHL reports that the hub is currently 80% complete and, upon completion, will employ 200 new workers. The hub will have the capacity to process 41,000 packages per hour, exceeding the capabilities of the Mexico City hub, which handles 24,000 packages per hour.

In July 2022, Samsung announced an ongoing investment of US$500 million in Queretaro and Tijuana to increase the production of home appliances in Mexico. 

In addition to economic investments, Samsung signed an agreement to enhance the education of young Mexicans in collaboration with the Korean Advanced Institute of Science and Technology. The initiative aims to promote entrepreneurial talent among high school and higher education students.

Francisco Cervantes Díaz, president, Business Coordinating Council (CCE), also announced that several national and international companies plan to invest approximately US$42 billion in Queretaro in the coming months. Among the companies mentioned by Cervantes Día are Grupo México, Femsa, TransCanada, Ternium, Enel and Iberdrola.

Governor Kuri pointed out that the factors contributing to Queretaro's appeal as an investment destination include social stability, legal certainty, and the promotion of technological development as decisive elements in these investment decisions.

Queretaro will also host Microsoft's new cloud infrastructure with the opening of the first Hyperscale Cloud Data Center Region in Mexico, as previously reported by MBN. This initiative is part of Microsoft's US$1.1 billion investment plan announced in February 2020, aimed at driving digital transformation in Mexico.

"Advanced technological infrastructure, combined with government support and a favorable business environment, creates an ecosystem conducive to innovation," as reported by La Prensa. "Among the sectors benefiting from these investments are finance, government and healthcare, with significant opportunities for modernization in areas such as artificial intelligence (AI), the Internet of Things (IoT) and high-volume transactions."

Photo by:   Mexico Business

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