At least 20 Dutch companies are evaluating moving their operations from China to Mexico, mainly to the Bajío region, to secure their investments in the long term.
“With what is happening in China, companies want to leave. Many companies with Dutch capital are there and are now evaluating whether to move to Mexico or to other countries,” said Steven Büter, manager of the Business Office of the Embassy of the Kingdom of the Netherlands.
He informed that some of the factors for which companies are considering relocating are the relocation of production chains, the war between Russia and Ukraine, and the Treaty between Mexico, the United States and Canada (T-MEC).
These companies belong to the manufacturing, retail, agricultural, service and corporate office sectors. Querétaro, for example, is about to receive an investment of 1 billion pesos from the agri-food sector, which will generate 500 jobs. This brings the total number of Dutch capital companies installed in the state to 75, and investment is expected to continue to increase.
“The interest of the Netherlands in Querétaro continues to grow and even more with the war between Russia and Ukraine, they are analyzing where to locate their investment so that it is safe in the long term and they see Mexico as a good option, a reliable partner that gives results to Dutch companies,” he said.
Source: Mexico Industry