Nuevo León Sees Surge in Foreign Investment Amidst US Tariff Concerns

17 Jun 2025 1 min read No comments News

Nuevo León has attracted nearly US $2.7 billion in foreign direct investment (FDI) during the first quarter of 2025, marking a 7% increase compared to the same period last year, according to data from Mexico’s Federal Economy Ministry.

The northern border state, known as a key nearshoring hub, has outpaced all other Mexican states except Mexico City in attracting foreign capital. While the capital captured 55% of national FDI with $11.8 billion, Nuevo León secured 13% of the country’s total foreign investment.

Foreign Investment Contributions

  • United States companies: Contributed the largest share by investing $1.45 billion—54% of the state’s total FDI and a remarkable 134% increase from Q1 2024.
  • The Netherlands: Invested $566 million in new investments.
  • Argentina: Contributed $221 million.

The manufacturing sector received just over half of all foreign investment, with commercial investments, financial services, and insurance accounting for the remainder.

Despite these positive figures, Acting State Economy Minister Emmanuel Loo revealed that approximately $10 billion in potential investments remains on hold pending decisions on US trade and tariff policies. However, an additional $9 billion in investments has been confirmed and will be announced in the coming weeks.

Governor’s Impact on Investment

Since Governor Samuel García took office in October 2021, Nuevo León has received approximately $73 billion in FDI, creating 361,500 new jobs across 348 projects—169 new developments and 179 expansions.

The continued investment growth despite tariff uncertainties demonstrates Monterrey’s strengthening position as Mexico’s business center and Nuevo León’s strategic importance in the nearshoring trend.

Source: Mexico News Daily

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