For the second consecutive year, the British newspaper The Financial Times, one of the most prestigious financial publications in the world, has put Mazatlán among the top ten “American Cities of the Future 2015-2016” in the category of medium sized city with best economic expectations and profitability.
The April 16th edition positioned the port in second place in Mexico and sixth in Latin America in the category of “Cost Effectiveness.”
The article, which identifies large, medium, small and micro cities with the best economic future in America (including The United States and Canada), gathered information on 421 cities on the continent of which 77 were of medium size including Mazatlán, and evaluated the cities in five categories: economic potential, ease of doing business, lifestyle, cost effectiveness and connectivity.
Mazatlán was positioned second in Mexico along with the city of Durango in cost effectiveness.
The study took into consideration diverse factors favouring Mazatlán, such as average salaries and income, rental costs for offices and industry, the price of electricity, location of four and five star hotels in the central zone, cost of gas, minimum salary, cost of exports and imports, cost of establishing a business, business taxes and exchange rates.
The Financial Times article also highlighted cities along the Corredor Económico del Norte such as Torreón and Saltillo in Coahuila and Ciudad Júarez in Chihuahua.
(from Sectur press release)