ADVERTISEMENT

DON'T MISS OUR PREMIUM CONTENT

SUBSCRIBE
LOGIN
T21
  • Login
  • Register
  • Aerial
  • Automotive
  • Land
  • Railway
  • Maritime
  • Logistics
  • Economy
  • Technology
  • Opinion
  • Magazine
  • ESG
No Result
View All Result
  • Aerial
  • Automotive
  • Land
  • Railway
  • Maritime
  • Logistics
  • Economy
  • Technology
  • Opinion
  • Magazine
  • ESG
No Result
View All Result
T21
No Result
View All Result
Home Automotive

State of Mexico Promises Incentives to Attract Automotive and Logistics Investment

Incentives will be offered to companies that relocate operations, expand their workforce, or start new operations in the region.

T21 Media by T21 Media
13 November, 2024
5
SHARES
ShareShareShare

The Secretary of Economic Development of the State of Mexico, Laura González Hernández, highlighted the growth and logistics infrastructure of the state , emphasizing the advantages it offers for the automotive industry and its supply chains, highlighting among them the tax incentives .

In this regard, the official also stressed that, thanks to its strategic location and investment in infrastructure, the State of Mexico becomes a key logistics hub for the country , attracting companies from various sectors seeking to optimize costs and distribution times.

He mentioned tax incentives focused mainly on payroll tax and green taxes for companies that move operations, increase their workforce or start operations in the State of Mexico.

These incentives offer a 100% exemption on these taxes for 12 months . In addition, the possibility of extending these benefits in the following fiscal year is being considered.

He explained that with nine automotive plants and an ecosystem of more than 150 companies supplying the industry, the State of Mexico is one of the main vehicle manufacturers in the country, producing everything from cars and SUVs to tractor-trailers and buses. In addition, it houses design and engineering centers for well-known brands such as Ford and Nissan , consolidating itself as a hub for automotive innovation.

González also spoke about the progress of the creation of development hubs , such as the one planned in the Felipe Ángeles International Airport region , in conjunction with the states of Hidalgo and Mexico City. This development will focus on strategic sectors and will have federal and municipal tax incentives to attract large companies.

“The State of Mexico has a unique position that offers a combination of infrastructure, resources and talent that few states can match. We are committed to creating a favorable environment for companies to find a space to grow here,” explained González.

The head of the Secretariat of Economic Development also highlighted that the State of Mexico has more than 16 thousand kilometers (km) of road network and 743 km of freight railways , in addition to three customs offices and two international airports: the Toluca International Airport and the Felipe Ángeles International Airport, currently the largest cargo airport in the country, which makes it attractive for investment.

 “The location of the State of Mexico gives us advantages that are not found in other regions of the country, allowing us to optimize the transfer of goods, both to the northern border and to the seaports,” said González.

Additionally, to reinforce this strategic position, the secretary mentioned that the state is working on the availability of energy resources , road infrastructure and access to natural gas, key elements to attract investors seeking to establish distribution centers and logistics plants.

He noted that the state has 219 industrial parks and is a leader in this area, providing the necessary support to facilitate the expansion of the automotive industry and other manufacturing.

The State of Mexico is also the entity with the highest number of employed people in Mexico, with 8.2 million inhabitants employed in various sectors.

“The State of Mexico has the capacity to train highly specialized labor to meet the demand of the automotive industry and other strategic areas,” said González.

He also stated that the state produces technical and professional graduates every year in areas such as engineering, manufacturing, information technology and business administration. He assured that this human resource is essential to support the more than  2,700 logistics companies that operate in the state .

According to Gozález and in line with global trends, the State of Mexico seeks to consolidate itself as a center for the development of advanced technologies, semiconductors and alternative energy.

He mentioned that the state is committed to the care of natural resources, ensuring the availability of water and promoting sustainable practices for industries seeking to establish themselves in the region.

“The State of Mexico has optimal conditions to host alternative energy projects and data centers, which will strengthen our economy and attract investment from top-level technology companies,” González said.

The official made these statements within the framework of the 10th edition of Automotive Logistics & Supply Chain Mexico , where she highlighted the commitment to electromobility and the semiconductor industry, sectors that, in collaboration with the federal government and the private sector, seek to position the State of Mexico as a leader in innovation and technology.

Comment and follow us on X: @karinaquintero /  @GrupoT21

Tags: AutomotiveAUTOMOTIVE LOGISTICS & SUPPLY CHAIN MEXICOLogisticsstate of MexicoTAX INCENTIVES

Related news

Logistics sector records increase in jobs during April

Logistics sector records increase in jobs during April

30 May, 2025
CMA CGM and Maersk advance their electrification goals

CMA CGM and Maersk advance their electrification goals

28 May, 2025
Coahuila raises its hand with its own logistics cluster

Coahuila raises its hand with its own logistics cluster

27 May, 2025
Demand for industrial space increases in Mexico City’s metropolitan area: CBRE

Demand for industrial space increases in Mexico City’s metropolitan area: CBRE

20 May, 2025
Next Post
Hybrid and Electric Cars to Take the “Fast Lane” by 2030

Hybrid and Electric Cars to Take the "Fast Lane" by 2030

Boeing Forecasts Increase in Freighters Over the Next 20 Years

Boeing Forecasts Increase in Freighters Over the Next 20 Years

Featured Video

https://www.youtube.com/watch?v=9df6l4A59pk

Most Read

  • Aeroméxico flight attendants postpone strike until June 10

    Aeroméxico flight attendants postpone strike until June 10

    5 shares
    Share 2 Tweet 1
  • 100 Women in Transport and Logistics

    5 shares
    Share 2 Tweet 1
  • Manzanillo Port Customs Office shows no significant improvements: SSA Marine Mexico

    5 shares
    Share 2 Tweet 1
  • PINFRA negotiates with global giant for sale of Altamira Port terminal

    5 shares
    Share 2 Tweet 1
  • Activity resumes at the Port of Manzanillo after customs workers’ strike

    5 shares
    Share 2 Tweet 1
  • The U.S. transportation industry faces regulatory changes; flexibility, safety, and technology under scrutiny

    5 shares
    Share 2 Tweet 1

Web Stories

Ver todas
índice de Confianza del Transporte y Logística – Cuarto trimestre 2023
10 destinos de exportación de vehículos pesados 2023
Descubre el Top 10 de destinos de exportación de vehículos pesados en México en 2023
La venta de vehículos pesados rompe récord en 2023
5 marcas de camiones más vendidas

Categories

  • Aerial
  • Automotive
  • Land
  • Railway
  • Maritime
  • Logistics
  • Economy
  • Technology
  • Opinion
  • Magazine

Other Links

Contact Us
Advertising contact
Media Kit
Privacy Policy
Cookies policy
  • Contact Us
  • Privacy Policy
  • Cookies policy (EU)

© 2024 T21-US - All rights reserved.

Welcome Back!

Sign In with Facebook
Sign In with Google
Sign In with Linked In
OR

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Sign Up with Facebook
Sign Up with Google
Sign Up with Linked In
OR

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Manage cookie consent
To offer the best experiences, we use technologies such as cookies to store and/or access device information. Consent to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Failure to consent, or withdrawal of consent, may adversely affect certain features and functions.
Funcional Always active
El almacenamiento o acceso técnico es estrictamente necesario para el propósito legítimo de permitir el uso de un servicio específico explícitamente solicitado por el abonado o usuario, o con el único propósito de llevar a cabo la transmisión de una comunicación a través de una red de comunicaciones electrónicas.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Estadísticas
El almacenamiento o acceso técnico que es utilizado exclusivamente con fines estadísticos. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
El almacenamiento o acceso técnico es necesario para crear perfiles de usuario para enviar publicidad, o para rastrear al usuario en una web o en varias web con fines de marketing similares.
Manage options Manage services Manage {vendor_count} vendors Read more about these purposes
Ver preferencias
{title} {title} {title}
No Result
View All Result
  • Aerial
  • Automotive
  • Land
  • Railway
  • Maritime
  • Logistics
  • Economy
  • Technology
  • Opinión
  • Magazine
  • ESG

© 2023 T21. Todos los derechos reservados

Cookies on this website are used to personalize content and ads, provide social media features and analyze traffic. Additionally, we share information about your use of the website with our social media, advertising and analytics partners who may combine it with other information that you have provided to them or that they have collected from your use of their services. Learn more at Privacy Policy.
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?
índice de Confianza del Transporte y Logística – Cuarto trimestre 2023 10 destinos de exportación de vehículos pesados 2023 Descubre el Top 10 de destinos de exportación de vehículos pesados en México en 2023 La venta de vehículos pesados rompe récord en 2023 5 marcas de camiones más vendidas