Hidalgo to receive additional support for Productive Projects
D.F. - Grisell Ubilla Ramirez, Economics Departments delegate in Hidalgo, announced that is estimated an equal investment as 2013 to impulse and finance productive projects in the State.
Last year’s budget was US$140.5 million, and is intended to overtake that amount to support 31,677 productive projects through 12 programs supervised by the federal department.
Within the programs launched on 2013, are relevant, the National Guarantees System “Integral Modernization Mis” INAES and the Pymes Fund, which financed 32 new businesses, in different categories and projects.
This year’s goal is to grant an easy access to the people of Hidalgo to the federal funds and to impulse the growth of the business sector to generate more jobs as a result.
Source Mexican Business Web
Rise on tourist arrival by plane: Sectur
Mexico City- In January continued the positive tendency in the indicative of arrivals from international tourists by plane, informed Tourist Department (Sectur).
With data from the Integral System of Migratory operations, from the National Migration institute, the department issued a press release to communicate the register of an 11% increase than the first month in 2013.
As expected, United States kept their place as the most important in the list for the touristic sector with 575 thousand visitors, representing an increase of 15% with this year’s first month and last year’s.
Oil companies will need 160 ships in 3 years
Mexico City - Pemex and other private oil companies installed in Mexico will need about 160 ships and tugboats for transportation services for staff and hydrocarbon, from and to fields located in the Gulf of Mexico, stated Gabriel Delgado Saldivar, chairman of the Mexican Association of Naval Engineers (AMIN).
Last year, Pemex published their investment program for the oil fleet, going up to US$700 million, from which US$450 million will be for the Exploration and Production Division.
“In Pemex Exploration and Production, we need more than 81 new vessels but with the Energy Reform and the inauguration of other companies it is a higher demand volume to cover”, assured Delgado; “there’s the opportunity to build additionally between 50 and 80 ships in the next three years”.
The AMIN estimates that for each small installed platform there will be requested two support ships, while the big platforms would need between 3 or 4 supply boats and staff transportation.
The price of a ship for personnel transportation can be from US$6million to US$10 million, depending on their size. Likewise, a supply boat goes from US$15 million to US$25 million.
According to Delgado Saldivar, the economic spillover for Mexico will be up to 30% per boat cost, an estimated worth only for the matter purchase and the equipment used to build the ships for the oil platforms, also, he said that for each vessel to build generates between 200 and 300 direct jobs.
In Expo ANTAD 2014 companies will be closing business per US$923 million
Guadalajara, Jalisco - The Expo ANTAD 2014 Integral Business Connection between retail and supply chains is set from March 12th to 14th in Expo Guadalajara. In a surface of 40 thousand m2, 1,800 companies will show their innovative products for the retail sector. 19 chains associated to ANTAD will move their purchasing offices to the business floor expecting to receive 40 thousand visitors. It is expected to close businesses for up to US$923 million.
Expo ANTAD is runs under three pillars: the commercial, educational and networking.
Over 30 countries will participate in the International Hall and it is expected to receive the visit of international buyers invited by ProMexico, which will be added to the 250 confirmed of eight American commercial chains.
“It might look easy to receive 250 buyers from the U.S., but having them in the forum is an enormous benefit to the exhibitors, that can export their Mexican products, which are very successful especially in the nostalgic products for the Mexican communities in United States.”, explained Vicente Yañez.
Also, it will work as a platform to launch 600 new products under QR code. Offering detailed information about the new merchandise.
Daewoo will have a plant at Ciudad Sahagun
The Korean company Daewoo will produce buses in Mexico in a plant located at Ciudad Sahagun, Hidalgo, which will start operations in 2015, with an initial investment amounting to US$30 million on facilities and labor, thanks to their alliance with the Mexican company American Coach, that incorporated Daewoo Bus Mexico.
In a first stage, buses will be chain imported from the company’s plants located in South Korea and China, Adrian Jose Lecona, CEO, Daewoo Bus Mexico, said in a press conference during Expo Foro.
The company will have a 6 hectares plant at Ciudad Sahagun, employing 180 workers in the production line and 15 people in administration.
Mr. Lecona explained that the idea is producing full units and bodies for urban and intercity buses at their plant in Mexico and integrate domestic supplies, within no more than two years.
He further said that they are planning to sell 300 units in the Mexican market; their flag product is an urban bus running on compressed natural gas, which they will sell through three dealerships.