Proptech, or property technology, refers to the application of technology in the real estate industry. While proptech has gained significant momentum globally, including in Latin America (LATAM), it also faces several unique challenges in the region. Here are some of the key challenges faced by proptech companies in LATAM: Limited Digital Infrastructure: LATAM countries, especially in rural areas,...
The continuous economic boom driven by #Nearshoring in Mexico has positioned the country as one of the most attractive destinations to do business in the world. This has been a key factor in Mexican exports to the U.S. reaching USD $157 billion and U.S. exports to Mexico totaling USD $106 billion from January to April, 2023. Bilateral trade between both countries reached a total of USD $263...
There are different processes by which companies operate: Reshoring is the process by which companies bring the production and manufacturing of goods back to their original country. Offshoring or relocation, the process of transferring the manufacture of goods abroad to try to reduce labor and manufacturing costs. Nearshoring is a middle way, it does not return production to the country of...
