Monterrey’s industrial infrastructure allows the city to compete for the attraction of nearshoring investments. For Monterrey, construction activity increased 30%, to close the quarter at 1.2 million additional square meters at the end of the third quarter of 2023. While the vacancy rate of its industrial parks stood
Industrial parks in Mexico City have been in increasing demand, with a steadily declining vacancy rate. From about 7% in the first quarter of 2021, this rate decreased to 0.9% in the third quarter of 2023, according to data from CBRE. Overall, Intercam Banco indicates that at the
The area of the Asunción Ixtaltepec Wellness Development Pole is located 1 km from the railway line Z, in its section Salina Cruz, Oaxaca-Medias Aguas, Veracruz, in Mexico. Last October 16, the Interoceanic Corridor of the Isthmus of Tehuantepec (CIIT) issued an agreement declaring Asunción Ixtaltepec as a
Qualcomm highlighted that, according to analysts’ data, it is projected that 71% of new vehicles produced in 2030 will have integrated cellular connectivity. Furthermore, by then, 71% of those vehicles will have 5G connectivity. By comparison, it is estimated that 63% of vehicles produced in 2023 will have
In China, consumption is not picking up, due to the caution of Chinese consumers, who note that there is a 20% unemployment rate among the young population, according to Coface. According to this French credit insurer, even the Chinese government no longer publishes this data, «because it kept
Despite Russia‘s invasion of Ukraine, world cereal production has shown resilience, according to Bruno de Moura Fernandes, head of Macroeconomic Research at Coface, a French credit insurer. «World cereal production was not as impacted by the war in Ukraine,» said De Moura Fernandes, speaking at a press conference