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  • Amistad joins Nortek’s Divisions CES Group and Nordyne Ribbon Cutting Ceremony: July 2014
  • Amistad & Gentherm host Ribbon Cutting Ceremony: August 2014
  • OMA supports its growth on hubs and stakeholders
  • Ten companies are interested in investing in Coahuila
  • Ferromex invests in railroads network
  • Puebla will have new industrial parks
  • Businessmen announce investments in the energy sector
  • Nuevo Leon, at the wheel of automotive innovation in Mexico
  • Queretaro advances in the aeronautics sector
  • TMM wants to boost ships construction in Tampico shipyard
  • GM will produce their compact model Cruze in Mexico in 2016
  • Coahuila will have more industrial parks: Ruben Moreira
  • Mexico-China fund for US$5 billion to be created
  • Amistad Desarrolladores grows with the automotive industry
  • Mars inaugurates the expansion of their plant in Jalisco
  • Jalisco will insist on the aerospace industry
  • Chinese vehicles assembler to be established in Chihuahua
  • Continental will invest US$2.7 million in the expansion of their manufacturing plant in Silao
  • 4G Ingenieria Plant inaugurated in Guanajuato
  • Care Fusion inaugurates new facilities
  • Mexico will be a world power: Goldman

    Mexico.- Mexico will become the seventh biggest economy in the world in 2020 and will contribute with 7.8% of Global Gross Domestic Product, more than Russia and India, Jim O’Neill, Head of Investment Funds with Goldman Sachs, affirmed last Monday. Mr. O’Neill said before British investors that “Mexico should be in the radar” in the next few years, because it will be one of the fastest growing economies. Mexico is among the so-called “growth markets”, a concept created by O’Neill in 2010 to refer to the countries that will post the largest growth in the next decade. During the business forum “Mexico Week”, O’Neill said that in the next decade “Mexico will contribute more than Russia and India to the global economy”. O’Neill, creator of BRIC economy concept (Brazil, Russia, India and China), said that the reason why he did not include Mexico in this block of emerging countries a decade ago was because it was not growing at the same pace as China or Brazil. He further pointed-out that this year Mexico will grow 3.6%, the same as Brazil, and in 2013 the Mexican economy is expected to post 3.8% annual growth.
    Source: Notimex | Date: 14/03/2012