MEXICO CITY — Amazon.com Inc is preparing to open a 1 million square-foot warehouse near Mexico City, sources familiar with the project said, part of an effort to boost its presence in Mexico’s nascent e-commerce industry.
Reuters reported the new warehouse is slated to be built in the Tepotzotlan municipality about 25 miles (40 km) north of the Mexican capital, according to four Mexico City real estate professionals familiar with the plans. Expected to be completed next year, the facility would triple Amazon’s distribution space in Mexico, home to around 120 million potential customers.
Amazon’s Mexico push comes amid talks to revamp the North American Free Trade Agreement, which could benefit the Seattle-based retailer if the United States persuades Mexico to raise a $50 limit on the value of online purchases that can be imported duty-free.
To read complete article click here.
more recommended stories
How to Use Mexico’s Do Not Call Registry
Quintana Roo, Mexico – When we lived.
Urban improvement of old University’s building facade, one of Merida’s architectural jewel
Mayor Maria Fritz Sierra led the.
Oaxaca City: Cultural Tourism at its best (Part 1)
Oaxaca City was recently placed in.
Dangerous parasites attack the beaches of Yucatan
According to experts, millions of larvae,.
The Maya octopus a unique species endemic of Yucatan
Mexico is the third largest octopus.
National Tourist Business Council says tourist taxes cannot be used to pay for Maya Train project
According to Pablo Azcárraga, chairman of.
Exhibition about the human figure
Social Commitment Citibanamex, through Fomento Cultural.
Fill it up please… Thank you Walmart!
Walmart’s branch in Mexico and Central-America.
Yucatecan construction workers intoxicated with cement made in Egypt
Yucatecan construction workers say that the.
The U.S. and Mexico form new plan to take on drug cartels
According to PVDN, U.S. Drug Enforcement.