Japan’s Investment in Mexico Expected to Surge by 66% in 2024 Due to Nearshoring

The Japanese ambassador to Mexico, Noriteru Fukushima, has forecasted a substantial 66% increase in Japanese investment in Mexico by 2024, largely driven by nearshoring. Currently, Japan ranks as the fourth-largest investor in Mexico, trailing behind the United States, Canada, and Spain. During a business plenary meeting, the ambassador stated that Japanese companies are expected to […]