Mexico shares its border with USA and has a large pool of workers. With labor wages  not too high than their counterparts in China, Auto majors are have understood that Mexico is the perfect manufacturing hub for USA and Canada market.



Nissan has been one of the biggest investors in Mexico. Japanese automotive manufacturer announced that it will build its third manufacturing complex in Mexico in the state of Aguascalientes. The new plant will be 2.5 times larger than the current complex and is a result of the $2 billion investment announced earlier in the year, “to increase manufacturing capacity needed to satisfy the high demand for Nissan vehicles in the domestic and international markets,” as reported by the company through a press release.

By the end of 2013, the first phase of the project, which includes stamping, body, painting and final assembly facilities, is expected to be operational. It is expected to produce 175,000 compact vehicles per year (B-platform) and to achieve this goal, Nissan will create 3,000 direct jobs and generate approximately 9,000 indirect jobs. The complex will include a supplier park and a quality proving ground.

With more companies setting up their plants in Mexico, Mexico’s economy is poised to transform radically in next few years. While earlier Mexico’s economy had to bank on tourism for sustenance, now production will add to its economic strength.
"The magnitude of Nissan's commitment to this new automotive complex is without par. With this investment, we will be able to increase our manufacturing capacity from over 600,000 units per year, to more than 800,000 units by the close of 2013, continuing our record setting production rates in Mexico. And this is only Phase 1," said Armando Avila, vice president of Manufacturing at Nissan Mexicana. He added: "The challenge is enormous, but inspiring. We will achieve it because we are proficient in advanced production processes and can count on very skilled labor to deliver with top quality."

The Japanese automobile giant is growing its investments in Mexico. Nissan’s automotive plant in Cuernavaca was not only the first complex built in Mexico, but most importantly was the company’s first investment outside of Japan which reflects the trust and commitment in further growing its operations in one of the most attractive markets around the world that is Mexico. The new complex in Aguascalientes marks nearly five decades for the Japanese firm’s activities in Mexico.

With thousands of jobs created, Poeple move in to cities which increase demand for urbanization and boosts real estate. Furthermore, when companies setup their manufacturing base in a country like Mexico, many expats also move in fueling the demand for high class real estate. PlayaBestBuy.com can help property investors looking for luxury condos in Playa del Carmen or nearby regions such as Puerto Aventuras, Akumal and Cozumel.