Invest in Nuevo León
The state of Nuevo León is located in northeastern Mexico. It borders the states of Tamaulipas to the north and east, Zacatecas and San Luis Potosí to the south, and Coahuila to the west. To the north, Nuevo León has also a 9 miles border with the U.S. state of Texas.
- Main Cities: Monterrey (capital), Guadalupe, and Apodaca
- Population: 4,500,000
- Higher Education: Monterrey is home to two of the nation's most prestigious universities, the National Autonomous University of Nuevo Leon and the Instituto Tecnologico de Estudios Superiores de Monterrey (Monterrey Institute of Technology and Higher Education). Other reputed universities include the University of Monterrey (UDEM) and the Universidad Regiomontana. The state has 44 higher education institutions offering education to more than 111, 000 undergraduate students, and more than 10 000 students at the graduate level.
- Graduates from IT Careers: 3000 per year
- IT Infrastructure: Advanced high‐bandwidth, secure communications network, government supported research and technology parks.
- IT Industry: Nuevo Leon is the home of some of the largest Mexican IT Services companies. Recently it has become one of the preferred locations for companies that offer nearshore IT services, and many large Indian IT service providers have established their delivery centers in the state.
- The IT services offered by the local companies include custom software development and deployment, IT consulting, ITO and BPO services, development of videogames and support for SAP and Oracle solutions.
Why Invest in Nuevo Leon?
Nuevo Leon borders the US, and investors are attracted by an American‐style business culture; there is additionally a great availability of highly educated professionals, excellent infrastructure and a high quality of life. The state government offers incentives and tax exemptions to investors as well as cash grants provided by the ProSoft program.
Monterrey is the capital city of the northeastern Mexican state of Nuevo León and a municipality of the same name. Also known as "Sultana del Norte" (Lady of the North), the city is a modern industrial and business center. The city proper has population of 1.1 million, even though the metropolitan area of Monterrey has a population of 3.8 million.
Monterrey is a major industrial center among cities in Mexico, producing a GDP of 78.5 billion US dollars (2006). The city's GDP per capita in 2006 was 21,788 US dollars. The city was ranked the 2 to do business in Mexico and in 2005 and currently is ranked as the third best by the América Economía magazine. Most of the major companies in Mexico, which are also large companies in the world, are headquartered in Monterrey.
As a result of its strong steel industry, it is often called "the Pittsburgh of Mexico". The city has prominent positions in sectors such as steel, cement, glass, auto parts, and beer. In 1999 Fortune magazine recognized Monterrey as the best city in Latin America in which to do business. The magazine attributes its economic wealth in part to its proximity with the United States Mexican border and mentions Monterrey as a significant city with economic links to the United States.
The industrialization process was accelerated in the mid 19th Century by the Compañia Fundidora de Fierro y Acero Monterrey a steel processing company. Nowadays Monterrey is home of transnational conglomerates such as Cemex (world's third largest cement company), FEMSA (Coca‐Cola Latin America), Alfa (petrochemicals, food, telecommunications and auto parts), Axtel (telecommunications), Vitro (glass), Selther (leading mattress and rest systems firm in Latin America), Gruma (food), and Banorte (financial services). The FEMSA corporation owns a large brewery, the Cervecería Cuauhtémoc Moctezuma that produces the brands Sol, Tecate, Indio, Dos Equis and Carta Blanca among others. By the end of the same year, there were more than 13,000 manufacturing companies, 55,000 retail stores, and more than 52,000 service firms in Monterrey. Monterrey accounts for about 95% of the State of Nuevo Leon's GDP, and 30% of Mexico's manufactured exports.
The metals sector, dominated by iron and steel, accounted for 6 percent of manufacturing GNP in 1994. The steel industry is centered in Monterrey, where the country's first steel mills opened in 1903. Steel processing plants in Monterrey, privatized in 1986, accounted for about half of Mexico's total steel output in the early 1990s. 
Monterrey was ranked 94 worldwide and 5 in Latin America in terms of Quality of Life according to Mercer Human Resource Consulting (2006) , and was ranked number 2 in 2005 and number 4 in 2006, according to America Economia.
Monterrey is also a great city to do shopping. Some of the shopping malls in the city include, Paseo San Pedro, Plaza Fiesta San Agustín, Galerías Monterrey, and Galerías Valle Oriente, which distribute goods and services to the Mexican population.
The city is considered one of the main educational centers in Mexico. Monterrey's population is the most educated in Mexico and the city on a per capita basis has more colleges, universities and institutes of technology, than any other Mexican city.
The Universidad Autónoma de Nuevo León (Autonomous University of Nuevo León, UANL), is the third largest Mexican university and is ranked by the Reader's Digest AC Nielsen Survey 2005 as the top public university in northeast Mexico. Its main campus, Ciudad Universitaria (University City), covers approximately 67,630,000 square metres (17,000 acres). The UANL system comprises 26 colleges (faculties), 22 graduate divisions, 24 high schools, 1 center of bilingual education and 3 technical high schools.
Monterrey is the headquarters of the Instituto Tecnológico y de Estudios Superiores de Monterrey (Monterrey Institute of Technology and Higher Studies, ITESM or "Tec de Monterrey"), a private university ranked by the Reader's Digest AC Nielsen Survey 2005 as the top university (public or private) in all Mexico. As the center of its own educational network, it has 33 campuses and exchange agreements with more than 400 universities world wide.
Founded in 1969 with the support of local leading multinational corporations such as CEMEX, ALFA, FEMSA, GAMESA, PROTEXA & CYDSA, the Universidad Regiomontana is a private university offering preparatory, undergraduate and graduate programs. With agreements with more than 200 universities across the globe, it is member of GATE (Global Alliance for Transnational Education), FIMPES (Federación de Instituciones Mexicanas Particulares de Educación Superior) and holds an ISO 9001 Certification. Its urban campus attracts many working professionals who complement and enrich the academic experience.
Other universities include University of Monterrey (UDEM) and the Universidad Regiomontana (UR).
Monterrey, a city of approximately 3.8 million people, was named by Fortune magazine as the best city in Latin America in which to do business.
Some 13,000 companies in Monterrey produce 9.4 percent of Mexico's manufactured products.
The GDP of the State of Nuevo Leon is USD 48 billion. The total GDP of the seven states covered by the Monterrey office is approximately USD135 billion, which is higher than the GDP of Venezuela, Colombia, and Chile.
Imports into these seven states are very high due to the area's strong manufacturing base, and geographical proximity to the U.S. Imports are estimated at USD 20 billion in goods alone, approximately 74% of which are of U.S. origin. This figure exceeds total imports into Argentina, Chile, Colombia and Venezuela. Local reps cover this territory, exposing your product to this important manufacturing base.
With more than 30,000 firms, Nuevo Leon is the production leader in many important sectors of the Mexican economy controlling:
75% of the national production of glass containers
60% of national cement production
60% of national, artificial, and synthetic fiber production
50% of national beer production
50% of national ceramics production
40% of the national production of basic steel
40% of household appliances
American Express, Amway, Baker & McKenzie, Bank of America, Carrier, Caterpillar, Chrysler, Donnelly, GE, GM, Honeywell, IBM, John Deere, JC Penney, Kohler, Korn/Ferry International, KPMG, Kimberly Clark, Lucent, Mary Kay Cosmetics, Pinkerton, Price Waterhouse Coopers, Trane, Toyota, Visteon, Wayerhaeuser, York.
They are already doing business in Nuevo Leon