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  • Collaboration Agreement entered by the SLP Government and the company BMW, S.A. de C.V.
  • The Mexican and German Ministers of Foreign Affairs inaugurated an industrial plant in Mexico
  • Nemak will invest US$200 million in two plants
  • Embraer will make airplane interiors in Chihuahua
  • Dishon will join the aerospace sector in Queretaro
  • SLP delivers land to BMW for the new plant
  • Nemak will build two factories in Mexico
  • Toyota Mexico will manufacture a new car with US$100 million
  • Aerospace sector in Baja California booming
  • Coca-Cola will invest US$7 billion in this Administration
  • Toyota will invest US$100 million in Mexico
  • Alcom Electronicos invests US$18.3 million in Tamaulipas
  • Coahuila attracts aeronautic companies
  • Investment in Mexican aerospace industry announced
  • First Korean company opens in Guanajuato Inland Port
  • ThyssenKrupp Aerospace will increase aluminum production by 20%
  • 36,700 airplanes will join the air fleet within 20 years due to the 5% increase in air traffic
  • Six suppliers for Audi assembly plant will establish at Tlaxcala
  • Investment in Colon will generate 2,500 jobs
  • Kenworth will increase production in Mexicali 33%
  • 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