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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
  • French companies interested in Mexico

    Mexico City.- The proximity to the United States and the fact that it is part of Latin America, the second most prosperous region in the world, together with inexpensive labor (compared to Europe’s) and a market of more than 110 million people, are among the main incentives for French companies willing to invest in Mexico. According to the Ministry of the Economy, between 1999 and 2011, around 1,358 French companies made Foreign Direct Investment (FDI) in Mexico, accruing US$524.4 million in such term, which represents 0.5% of total investment made by the European Union. The sectors that account for the largest French investment are manufacturing industry, trade and other services, according to data from the Foreign Investment Directorate of the Ministry of the Economy. Pierre Lellouche, French Minister of Economy, Finance and Industry, pointed-out that there is interest by French companies on investing in the aerospace, infrastructure and telecommunications sectors.
    Source: El Informador | Date: 08/05/2012