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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
  • 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