Mexico offers financing for nearshoring

Mexico offers financing for nearshoring

Economy & Policy Funds Loans Mexico Capital Markets ESG Asset Management Project & Infrastructure Finance

Mexico's finance ministry has made $203 million in financing available for companies that set up nearshoring operations on the Isthmus of Tehuantepec, Deputy Finance Minister Gabriel Yorio said Wednesday. "This financing package has a sustainable profile to encourage and facilitate the relocation of companies in any part of the republic, giving priority to the isthmus," Yorio said at a press conference on Wednesday. National development bank Nafin will handle the financing, which includes an ini

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