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  • Volvo and Scania analyzing investing in Durango
  • Cisco will strengthen investment in domestic manufacturing
  • Artecola kicks-off operations in Leon, Guanajuato
  • Chinese companies will invest in Mexico
  • Thirty Mexican companies are interested on bidding for the construction of NAICM
  • Gulfstream presents a new family of aircraft
  • Hangar being built in UNAQ
  • Tecma Group Mexico Manufacturing Mobile App Now Available
  • Aeromexico and its workers union reach an agreement
  • Bancomext has authorized a credit for US$50 million to rebuild Los Cabos Airport
  • Logistics Center to be built in Guanajuato
  • Two Canadian companies in the automotive field will establish in San Luis Potosi
  • Japanese investments reach US$500 million
  • Mexico will become an international hub
  • TechOps will consolidate its operations in 2015
  • Auto parts plant invests US$16.5 million in Puebla
  • INTERMEX MANUFACTURA DE CHIHUAHUA extended for 1 year its current lease contract with INTERMEX for its Shelter Services to MANOIR AEROSPACE.
  • Relevant topics to be discussed in Mexico’s Aerospace Summit to be held in Queretaro
  • The Mexican Air Force will hold an aerospace tradeshow in 2015
  • Proposal to create an Aerospace Medicine Institute in Mexico
  • 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