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Aerospace industry accounts for nearly half of Mexico’s FDI inflows

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Queretaro , Mexico.04 December, 2015. “Forty-seven percent of foreign direct investment (in Mexico) comes from the aerospace sector, which is concentrated here,” the president of the Queretaro Aerospace Cluster, Klaus Gobenceaux. Mexico has “exceptional human talent,” and it adapts easily to the industry’s requirements, Gobenceaux said, adding that there is also belief in the aerospace sector at the federal and local level.
The Financial Times put Queretaro at the top of its 2015/2016 list of best places to do business in the Americas and named the like-named state capital as the “the Latin American city of the future.” Queretaro accounts for 31 percent of Mexico’s 2016 budget for infrastructure investment.
The aerospace industry, for its part, took off in the 1990s and now consists of more than 300 companies, most notably Safran, Airbus, Delta and Bombardier. Another milestone has been the founding of the National Aeronautic University of Queretaro to ensure a qualified workforce, while Arkansas State University is investing $100 million in a campus in that Mexican city that will be its first outside the United States.

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