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  • 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
  • Linares may attract an assembly plant: Sedec
  • Pemex announces investment in refineries for US$1.4 billion
  • The Aerospace Industry is starting to grow in Jalisco
  • The Ministry of Energy presents Round One to companies
  • Cleantech Challenge Mexico 2014
  • Aerospace clusters mitigate economic turbulence
  • US$410 million to be invested in Chihuahua, generating 5,500 jobs
  • Mexico enjoys international investors’ confidence
  • Senior Operations will grow in Saltillo
  • Quimmco invests in auto parts development
  • Sanmina will invest US$27 million
  • Aeromexico, Interjet and Volaris receive supplies from Leon
  • Chihuahua looking in Canada for aerospace investment.
  • Aerospace companies will invest in Mexico
  • Aerospace cluster strengthened by the execution of the Mexico-France Agreement
  • Mexico keeps rating as stable: Standard and Poor´s

    Mexico.- Mexico’s rating shows the government’s history of applying cautious fiscal and monetary policies, which have contributed to keeping inflation and deficit low, have pushed its economic resistance and have kept foreign debt at bay. The rating also shows Mexico’s limited fiscal flexibility and modest economic growth perspectives in the medium term. Approximately 35% of total budgetary income comes from the petroleum sector, which leaves the government in a vulnerable situation due to the volatility in oil prices, while the non-petroleum revenue basis remains low. The Mexican economy grew 3.96% in 2011 and domestic demand gained impulse, while net exports slowed down. We consider growth in 2012 will decelerate to 3%, in line with what happened upon closing last year and amidst global economic uncertainty. Therefore, we estimate growth rate will average 3.3% in coming years, which is low if compared to most of the other emerging markets. Source: Kiosco Mayor
    Source: Miscellaneous | Date: 07/05/2012