FedEx, the world’s largest express transportation company, yesterday announced the completion of its warehouse expansion at Guadalajara International Airport in Jalisco, Mexico.

Measured by GDP, Guadalajara is one of the 10 largest cities in Latin America. The newly upgraded facilities will provide better express transport to industries in the area such as electronics, textiles and pharmaceuticals.

Owners of Mexican Riviera real estate - one of the fastest growing markets for overseas investors - will also be able to take advantage of the new facilities for the faster sending and receiving of shipments and packages to and from home.

Michael L. Ducker, executive vice president, International at FedEx Express, said, “These substantial network expansions are well-timed. As an economic recovery begins to take hold around the world, FedEx is well-positioned to connect our customers to opportunities in the global marketplace."

The storage space has almost been doubled from 42,657 square feet (3,963 sqm) to 84,711 square feet (7,870 sqm) and is a “bonded warehouse”, meaning it can legally store goods on which the duties are unpaid.

FedEx said the facilities offer better custom clearance services and a greater capacity for shipment processing. They will support shipping internationally or domestically for businesses of any size and the warehouse forms a hub allowing access to 10 Mexican states.

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