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[BUSINESS] · Mexico · 2 sources

Mexico City accelerates nearshoring and high‑skill job growth

Mexico City is positioning itself as a key hub in global supply chains as companies expand into nearshoring, digitalisation and advanced manufacturing. The city hosts roughly 474,000 formal enterprises, many of them micro, small and medium‑sized firms that are beginning to supply multinational corporations in sectors such as automotive (with about $775 million of investment slated for 2026), electronics, semiconductors, advanced manufacturing, pharmaceuticals, food and consumer goods, as well as technology services.

Manola Zabalza, the city's secretary of Economic Development, emphasised that creating quality jobs is the most effective social programme. She highlighted efforts to attract high‑value foreign investment—citing firms like Netflix, Tata, Capital One and Astellas Pharma—to generate specialised, well‑paid positions, especially for women. Zabalza linked economic autonomy to reduced violence against women and called for public childcare and other support services to enable greater female participation in the labour market. The strategy also promotes a “mentefactura” economy that values knowledge and innovation over manual labour.

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