| World Bank Index Challenges Perceptions of Mexico's Most Business-Friendly Cities Duncan Tucker - Nearshore Americas | |
| go to original March 2, 2015 |
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The World Bank’s ranking of the easiest and most difficult cities to do business in Mexico may come as a surprise to investors.
The nation’s capital, Mexico City, is the most difficult place to do business, while the relatively unheralded western city of Colima is the easiest, according to the latest Doing Business index. There is further bad news for more of Mexico’s most mature markets: the World Bank rates Guadalajara, widely known as “Mexico’s Silicon Valley,” as the eighth most difficult place to do business, while Monterrey, which is often described as the nation’s business capital, is only ranked the 16th easiest city to do business in.
The World Bank’s sub-national ranking for Mexico rates 32 major cities on the ease of starting a business, dealing with construction permits, registering property and enforcing contracts. While it should provide encouragement or caution for those considering investment in certain cities, it is hardly a definitive study of the best places to invest given that it does not take into account key factors like local investment incentives, existing infrastructure and the cost and availability of real estate and talent.

Read the rest at Nearshore Americas
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