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  • Mexico, ready to receive Canadian investment in SMC’s: Bancomext
  • More plants from foreign companies arriving to Monterrey
  • TEN Arquitectos the most likely choice to build the new airport
  • Technological Agroindustry Park to be built in Zapotlan
  • Parras will have an industrial park
  • Kia Motors will start assembling autos in Mexico in 2016
  • Aerospace Summit to be held in Queretaro
  • Mexico and the USA promote aerospace SMC’s cluster
  • Investment in Baja California aerospace industry
  • SCT promotes the creation of the Federal Civil Aviation Agency
  • Uruapan is attractive for assemblers in the automotive industry: Ministry of the Economy
  • Vesta is raising an automotive industrial park in Tlaxcala
  • Peńa Nieto will announce the new Hyundai plant
  • Guanajuato wants it all: they are after suppliers
  • Guanajuato will reactivate the leather industry
  • Nissan will assemble three Infiniti models in the new Aguascalientes Complex
  • International Surface Finishing Academy announces Anodizing for Aerospace Workshop to be held at the UNAQ campus in Queretaro, Mexico
  • Aerospace sector, efficient; reaches US$1 billion trade surplus
  • US$40 million investment made in Jalisco electronics industry
  • Hong Kong businessmen interested on making business with Mexico
  • Mexico is competitive before BRIC

    Mexico City – Mexico is a cost competitive destination for investment when compared to the so-call BRIC economies (Brazil, Russia, India and China), as far as labor, land and some operation costs (power) is concerned, the study “Competitive Alternatives 2012”, prepared by KPMG, reveals. Emerging markets attract almost 50% of Foreign Direct Investment (FDI), according to data from the International Monetary Fund (IMF), being low costs for labor, transportation, land and electric power the main attractions in these economies. Little by little, costs gaps between BRIC and other emerging economies, such as Mexico, have been reduced, which has increased our country’s competitiveness before these markets, making it a very attractive destination for investment.
    Source: CNN Expansion | Date: 09/05/2012