top of page
JS Logo Font.png
  • Whatsapp
  • Facebook
  • LinkedIn
  • X
  • Instagram
Search

Querétaro, Mexico: Why It's Growing Rapidly and What Makes It Unique

Querétaro, Mexico, has experienced rapid growth over the past few decades due to a combination of strategic location, robust infrastructure, a skilled workforce, and favorable economic policies.


Querétaro, Mexico
Centro de Congresos, Querétaro, Mexico

1. Why is Querétaro growing so rapidly?


  • Strategic Location : Querétaro is centrally located in Mexico, making it a key logistics hub. It is about 3 hours from Mexico City and a few more to other major cities like Guadalajara and Monterrey.

  • Proximity to the U.S. : Its central position also makes it an ideal gateway for trade with the United States, especially under the USMCA (United States-Mexico-Canada Agreement).

  • Government Support : The state government has actively promoted Querétaro as a business-friendly destination, offering tax incentives, streamlined regulations, and investment in infrastructure.

  • Skilled Workforce : Querétaro has a well-educated population, supported by universities like the Autonomous University of Querétaro (UAQ), Universidad Anahuac and numerous technical schools.

  • Economic Diversification : The economy is diversified across manufacturing, services, and technology, reducing reliance on any single sector.


2. Large Domestic Companies in Querétaro, Mexico

Querétaro hosts several prominent Mexican companies, including:

  • Grupo Modelo : A major beer producer (part of AB InBev) with operations in the region.

  • Cemex : A global leader in building materials, headquartered in Monterrey but with significant operations in Querétaro.

  • Bimbo : The world’s largest bakery company, which operates distribution centers and production facilities in the state.

  • Alfa : A leading petrochemical and industrial conglomerate with ties to Querétaro’s industrial base.


3. Foreign Companies in Querétaro

Querétaro has attracted numerous multinational corporations due to its favorable business environment:

  • Aerospace

    • Bombardier

    • Airbus

    • Safran

    • GE Aviation

  • Automotive

    • Volkswagen

    • General Motors

    • Continental AG

  • Technology

    • Samsung

    • Intel

    • Flex

  • Logistics - the city is served by international shippers, such as these and Queretaro's international airport is a significant logistics hub, with a dedicated air cargo terminal and services for both national and international cargo.

    • DHL

    • FedEx

    • UPS

  • Consumer Goods

    • Nestlé

    • Procter & Gamble

    • Unilever


4. Transportation and Infrastructure

Querétaro boasts one of the best transportation networks in Mexico:

  • Highways : Well-connected via federal highways like the México-Querétaro highway.

  • Rail : The state has access to both freight and passenger rail systems, including plans for a high-speed train connecting Querétaro to Mexico City (currently a priority).

  • Airport : Querétaro International Airport (AIQ) serves domestic and international flights, facilitating business travel and cargo transport.

  • Public Transit : The city has a modern bus rapid transit (BRT) system called "Qrobús," improving urban mobility.

  • Industrial Parks : Numerous industrial parks, such as Querétaro Industrial Park and El Marqués, are equipped with advanced infrastructure to support manufacturing and logistics.


5. Big Box Stores

While big box stores don't make Querétaro unique, the city does have a wide range of big-box retailers catering to its growing population:

  • Walmart de México (Walmex) : Multiple Walmart Supercenters, Bodega Aurrera, and Sam’s Club locations.

  • Soriana : A major Mexican retailer with hypermarkets and supermarkets.

  • Costco : Popular among middle- and upper-class residents (currently 1 location)

  • Home Depot: Catering to the construction and home improvement sectors.

  • Chedraui : Another large Mexican chain with stores in Querétaro.

  • H-E-B: A large grocery chain known for its private label foods and for customizing each store to its specific location.


6. Main Industries

Querétaro’s economy is driven by several key industries:

  • Manufacturing : Particularly aerospace, automotive, and electronics.

  • Aerospace : One of the fastest-growing sectors, with Querétaro being a global hub for aircraft parts and assembly.

  • Automotive : The state is part of Mexico’s "Automotive Corridor," producing components and vehicles.

  • Information Technology : IT services and software development are expanding rapidly.

  • Food Processing : Home to breweries, bakeries, and packaged food producers.

  • Logistics and Distribution : Strategic location makes it a hub for supply chain operations.


7. Quality of Life

Querétaro is known for its high quality of life compared to other Mexican cities:

  • Safety : It is considered one of the safest cities in Mexico, attracting expatriates and retirees.

  • Healthcare : Modern hospitals and clinics, including private facilities like Star Médica and ABC Medical Center.

  • Education : Excellent schools and universities, including bilingual institutions.

  • Cost of Living : Moderate compared to larger cities like Mexico City or Monterrey.

  • Cultural Attractions : Historic downtown (a UNESCO World Heritage Site), museums, theaters, and festivals.


8. What is Querétaro Known For?

  • Colonial Architecture : The historic center features iconic landmarks like the Aqueduct of Querétaro and the Temple of Santa Rosa de Viterbo.

  • UNESCO World Heritage Site : The historic center was designated a UNESCO site in 1996.

  • Otomi Handicrafts : Known for traditional textiles, pottery, and embroidery.

  • Gastronomy : Famous for dishes like "enchiladas queretanas" and artisanal cheeses.

  • Economic Hub : Recognized as one of Mexico’s most dynamic economies and a magnet for foreign investment.

  • Festivals : Celebrations like the Festival of Santiago and the International Balloon Festival draw tourists annually.


Conclusion

Querétaro’s rapid growth is fueled by its strategic location, strong infrastructure, skilled workforce, and diversified economy. It has become a magnet for both domestic and foreign companies, particularly in the aerospace, automotive, and technology sectors. With a high quality of life, rich cultural heritage, and modern amenities, Querétaro stands out as one of Mexico’s most attractive cities for businesses and residents alike.


Querétaro is growing rapidly due to its strategic location, skilled workforce, and business-friendly environment. It hosts domestic giants like Grupo Modelo and Cemex, as well as foreign firms like Bombardier and Samsung.


  • The city boasts excellent transportation infrastructure, including highways, an airport, and industrial parks.


  • Big-box stores like Walmart and Costco are prevalent.


  • Key industries include aerospace, automotive, and IT.


  • The quality of life is high, and Querétaro is known for its colonial architecture, UNESCO heritage status, and vibrant economy.


 


 

 
 
 

Comments

Rated 0 out of 5 stars.
No ratings yet

Add a rating
bottom of page