Mexico Attracts Investment Interest of Japanese Businessmen

In the past 3 years, approximately 25 Japanese auto parts manufacturers have moved to Mexico, Raul Urteaga Triani, Head of Mexico-Japan Economic Association Bureau in the Ministry of the Economy, declared. Part of this migration of Japanese companies to Mexico is from the United States to Mexico. As Maquila portal reported Triani saying, “Japanese companies which were previously manufacturing at states such as Michigan, Ohio or Illinois started moving their production to Mexico to be near the automobiles assemblers operating in Mexico."