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
Government of Quintana Roo issues official statement on Tulum case
IOWA FAMILY DIED OF “ASPHYXIATION FROM.
Yucatecan Francisco Cantón as the subject of a historical novel
“To know our history is to.
American family who died in Mexico ‘went to sleep and never woke up,’ cousin says
The four members of an Iowa family who.
Criminals break into schools in Acapulco, steal and cut victims’ hair
On Tuesday March 20, four men broke.
Infrastructure, the big challenge for the next state administration in Yucatán
“The next state government of Yucatan.
Iowa family found dead in Tulum Hotel
The Creston Police Department told WHO-TV that four.
Undocumented Single Mother Faces Deportation in Four Days: Montrealers Outraged at Failure of Sanctuary City
Montreal, March 23 2018 — Montrealers.
Campeche and Yucatán present at Expo ANTAD 2018
Exhibitors that participated in Expo ANTAD.
Mexican women mobilize against sexist violence
In hat and police suit, with.
Hubikú Ecopark: nature, gastronomy and Maya tradition in one place
Located in the municipality of Temozón,.