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Webinar: Doing Business in the Mexican Auto and Aerospace Sectors

Mexico is 15th largest global economy, the 6th world’s largest automaker, the 12th global aerospace manufacturer, and the main manufacturing and export platform for the United States. Mexico’s trade with the US totals over $614 USD billion in 2019.

MEM_Mexico

The inflows of foreign direct investment (FDI) in Mexico due to its access to the U.S. market arrived from around the world, but mainly from the United States. FDI spiked after NAFTA was signed in 1994 and was destined primarily to manufacturing. 

In the last 20 years, between 1999 – 2020, FDI in Mexico totaled US $605 billion with the United States being the top source, concentrating over 47% of the total. These large investments developed a series of solid manufacturing clusters and supply chains to produce a variety of products in various sectors, including aerospace, automotive, metal mechanic, medical devices, electrical & electronics, and plastics among others.

Various states in Mexico have developed important manufacturing clusters, mainly those in the central and northern regions of the country. In the last decade, the central-western or Bajío region has outpaced the rest.

Program:

  • Welcome by Rubén Araiza, Head of Swiss Business Hub México, SBH México
  • Mexico opportunities in the advanced manufacturing sector by Juan Carlos Prieto Williams, CEO, Williams Advisers International LLC
  • Aerospace Mexico presented by Luis Lizcano, CEO, FEMIA (Mexican Federation of the Aerospace Industry) and Edgar Ciceño, Director of Strategy, Safran
  • Automotive Mexico presented by Manuel Montoya Ortega, President, REDCAM
  • Mixed panel discussion - current / future opportunities
  • Final messages by Rubén Araiza, Head of Swiss Business Hub México, SBH México

Watch the recording of the webinar here:

Webinar: Doing business in Mexico

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