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  • Tetra Pak to invest US$110 million to their plant in Querétaro
  • Inter MG to invest on new Honda terminal in Celaya
  • FEMSA slows down investment pace
  • New plans for MCIA landing
  • Visteon signs lease with Intermex in Chihuahua
  • ASA obtains concession for airport in Puebla
  • Guanajuato Inland Port planning in-bond facilities for air cargo
  • Automotive investment flowing in Queretaro
  • SCT announces investments in Sinaloa for US$375.7 million
  • Construction of maquiladora plants reactivated at Ciudad Juarez
  • Campus for training on aeronautics inaugurated
  • Suppliers park to be built in Tlaxcala
  • Mega-investment may be attracted to NL
  • Zacatecas receives investments for US$134 million
  • Mars reaffirms its investment in Guanajuato
  • Mexico, in Mercedes- Benz’s crosshairs
  • France fosters aerospace sector
  • Edomex ranks 3rd in automotive industry in Mexico
  • FedEx inaugurates new logistics center
  • Herdez invests US$42.4 million in sustainable plant
  • 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