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  • The Tecma Group of Companies’ entities gain certification for Mexican VAT tax exemption
  • Alfa will invest US$700 million in Altamira electric plant in 2015
  • Eosol Energy will increase investments
  • Mexico manufactures 85% of pieces for the aerospace sector
  • Rassini grows capacity by 40% at their Puebla plant
  • Condumex plant inaugurated in Guanajuato
  • Aeronautics lab inaugurated in Queretaro
  • GM buys US$14 billion from suppliers established in Mexico
  • Astronaut Hernandez suggests more aerospace investment in Mexico
  • Building three hydroelectric plants, among CFE’s plans
  • Prologis in analyzing new investments
  • The Governor of Jalisco is going to Asia for more investments
  • Aerospace will open an MRO workshop in Chihuahua City
  • Exports increased by up to 300% in Queretaro Intercontinental Airport
  • DHL Express expands Hub in Queretaro with US$14.5 million
  • Automotive sector provides impulse to 3M
  • The Governor of Queretaro heads the Mexican Manufacturing Association Meeting
  • Queretaro opens to Chinese investment
  • Investment will grow in the electric sector
  • Oil companies from Houston want to establish in Monterrey
  • Cars for exports led the Mexican market in 2011

    Mexico City.- Automobiles and auto parts exports in 2011 reached a record 18% share of the market in Mexico in 2011, the highest figure ever reported by the Ministry of the Economy. 2011 was the year when sales abroad of automobiles, auto parts and other motor vehicles went back to dominate exports, reaching 18% of total exports, a new record. Bruno Ferrari, Minister of the Economy, explained that the automotive sector is experiencing a boom thanks to the country’s structural conditions, such as geographical position, commercial advantages from agreements and tariffs cut-downs, as well as deregulation processes. He further said that in addition to the investments already made this year, confirmation of announcements made of two to four large projects in the sector are expected within a few months.
    Source: Reforma | Date: 24/04/2012