Monterrey, located in the north eastern part of Mexico, is considered one of the country’s business hubs. It has some of the most important and influential business headquarters/offices, apart from housing Latin America’s most acclaimed educational institution — Institute of Technology and Higher Education.
Situated 150 miles from the U.S. border, Monterrey offers nearshore capabilities to U.S.-based firms.
Education
Currently there are more than 30,000 students pursuing higher-education courses in information and technology.
Industry and Infrastructure
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Monterrey is a major industrial center, second only to Mexico City. As a result of its strong steel industry, it is often called “The Pittsburgh of Mexico” |
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By the end of 2005, there were more than 13,000 manufacturing companies and 52,000 service firms |
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Monterrey accounts for about 95% of the State of Nuevo Leon’s GDP, and 18% of Mexico’s manufactured exports come from this city |
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There are around 180 established IT-related companies in Monterrey |
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It has two of Mexico’s three technology parks. Monterrey Technology Park, located 15 minutes from Monterrey’s International Airport and the Apodaca Technology Park |
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There are two international airports: General Mariano Escobedo International Airport and Del Norte International Airport. There is no public transportation from the Mariano Escobedo Airport other than airport taxis that charge about $20 for a one-way ride to the city |
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Public transportation in the city includes a modern but limited rapid transit system and many city bus lines. |
Salaries
Salaries in Monterrey tend to be 30%–50% lower than in the U.S.A.
