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Veracruz

Veracruz has a privileged geographical location and is the sixth largest economy in the country (based on its contribution to the national GDP).

Veracruz has a privileged geographical location and isthe sixth largest economy in the country (based on itscontribution to the national GDP􀕅. It is a rich state innatural resources with an outstanding agricultural,forestry and fishing vocation. It has an important port,productive and industrial infrastructure, qualified laborand first level services. As a result, in the last 10 years,the state has received more than $14 billion in ForeignDirect Investment.

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Why invest into Veracruz

Veracruz offers a favorable environment to invest,constantly expanding. Veracruz has an important educational infrastructure with a network of technological institutes 􀕄31􀕅 and universities 􀕄191􀕅. Occupies the 3rd place in Professional graduates per year and 4th place in technical profiles. Companies with international origin have established their operations here.

    • Third state with the longest road network with 28,119 km.
    • 5 of the 8 railroad lines in Mexico pass through Veracruz

General info - Veracruz

$304 USD

Average Monthly Salary

3.55 M

Active Working Population

222

Higher education institutions

41,900

Graduates per Year

14

Industrial and Logistic Parks

8.06 M

Population

71,823.5km2

Total area of Veracruz

955km

Distance to the USD -Border

31 years

Average age

Foreign Direct Investment

Foreign Direct Investment (FDI) in Veracruz, Mexico, has been on the rise, particularly in sectors such as energy, automotive, tourism, and agribusiness. Veracruz's strategic location, extensive coastline, and well-developed infrastructure make it an attractive destination for international investors seeking opportunities in Mexico's economy

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Exports

Veracruz, Mexico, is a key player in the country's export sector, known for its contributions in petroleum, agricultural products like coffee and citrus fruits, manufacturing goods such as automobile parts and electronics, as well as port services. Additionally, tourism revenue further bolsters the state's economy, highlighting its diverse economic contributions on both national and international scales.

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Location of Veracruz

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Mexico CitiesKmHours
Mexico City400km5h
Monterrey950km11h
Guadalajara900km9h
USA & Canada CitiesKmHours
Houston900km16h
Dallas1'100km18h
Denver1'700km29h
Ports & BorderKmHours
Altamira (Port)450km5h
Nuevo Laredo (Border)1'100km13h
Puerto Vallarta1'200km13h

The 3 Strategical Advantages of Veracruz

Veracruz, Mexico, holds strategic advantages due to its prime location on the Gulf of Mexico, bustling port infrastructure, extensive transportation networks, abundant natural resources, and thriving tourism industry.

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Human Talent

Veracruz has an important educational infrastructure with a network of technological institutes (31) and universities (191). Occupies the 3rd place in Professional graduates per year and 4th place in technical profiles.

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International Companies:

Companies with international origin have established their operations in Veracruz, such as Braskem Idesa, Tenaris, Schlumberger, Heineken, Nestlé, Bayer, FEMSA, TC Energía, Schott, CYDSA among other.

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Water and Energy Availability:

Veracruz is the 3rd state with the most abundant water supply. Occupies the 1st place in energy generation with more than 7,300 MW with around the 75% of it available to industry.

Main Industries

Veracruz is home to diverse industries that drive its economy and contribute to its economic growth.

Logistics Services and Ports

Veracruz, with 3 deep-sea ports and road links to North and Central America, has solid logistics for connections with the global market.

Metalmechanic

Consolidated by companies dedicated to the manufacture
of machinery and equipment necessary in production processes in other industries

Food Industry

Mainly dedicated to the
production of sugars, chocolates, sweets and similar products, the production of bakery products and tortillas, and the beverage industry.

Other Industries

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Petroleum and Energy

Veracruz has significant oil and gas reserves and hosts important refineries and petrochemical complexes, making it a hub for the petroleum industry in Mexico

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Agriculture

The state boasts fertile agricultural land and produces a variety of crops such as sugarcane, coffee, citrus fruits, and tropical fruits. Veracruz is one of Mexico's leading producers of agricultural products.

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State Infrastructure

Veracruz boasts a robust infrastructure network that supports its economic development and connectivity.

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Highways

Veracruz is the third state with the longest road network with 28,119 km.eracruz features a well-developed highway network, including major routes such as Mexico 140 and Mexico 180. These highways connect cities within the state and link Veracruz to other regions of Mexico, supporting trade, tourism, and transportation.

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    Railroads

    5 of the 8 railroad lines in Mexico pass through Veracruz connecting with the center and north of Mexico, USA, Canada, Central and South America

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      Air Freight

      Veracruz has 3 airports with connection to the main national and international destinations. Veracruz's air freight services are facilitated by its international airports, notably the Veracruz International Airport (IATA: VER) and the Minatitlán/Coatzacoalcos National Airport (IATA: MTT). These airports provide cargo handling facilities and services for domestic and international shipments, supporting trade and commerce in the region.

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        Industrial Parks

        11 industrial and 3 logistics parks with a manufacturing and commercial vocation.

          Skilled Labor Force & Universities of Veracruz

          Veracruz boasts a skilled labor force supported by its prestigious universities and technical institutes.

          Quality of LIfe in Veracruz

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          Health & Leisure

          From its stunning beaches along the Gulf of Mexico to its vibrant cities steeped in history and culture, Veracruz offers a wealth of recreational activities such as swimming, surfing, sightseeing, and exploring archaeological sites

          he state's healthcare system includes modern hospitals, clinics, and medical facilities, providing quality healthcare services

          Soccer is immensely popular, with local teams and leagues drawing enthusiastic crowds. Additionally, Veracruz's coastal location offers ideal conditions for water sports such as surfing, sailing, and fishing

          Visitors can explore bustling markets like the Mercado de Artesanías El Parque in Veracruz City, offering an array of handmade crafts, textiles, and souvenirs. For those seeking upscale shopping, malls like Plaza Las Américas and Plaza Andamar feature a mix of national and international brands, along with dining and entertainment options.
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          Hotels & Restaurants

          Veracruz offers a diverse range of accommodations and dining options to suit every preference and budget.

          Veracruz's culinary scene is renowned for its seafood dishes, traditional Mexican cuisine, and international fare. Restaurants, cafes, and street vendors serve up a delectable array of flavors, showcasing the region's culinary heritage. Whether indulging in fresh seafood along the coast or savoring authentic Veracruzano dishes in the city, visitors can enjoy a memorable dining experience in Veracruz.
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          Tourism

          Veracruz is a captivating destination for tourism, offering a blend of natural beauty, rich history, and vibrant culture.

          Veracruz's colonial cities, such as Veracruz City and Xalapa, feature picturesque architecture, charming plazas, and fascinating museums, providing insights into Mexico's past. Cultural attractions such as the Ballet Folklórico de Veracruz and the Festival Internacional Cervantino showcase the region's artistic talents and traditions

          One of the most iconic festivals is the Carnival of Veracruz, one of the largest and most colorful carnivals in Mexico, featuring parades, music, dance, and elaborate costumes