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  • Land for assembly plant wanted
  • Nissan and General Motors will produce a cargo vehicle in Mexico
  • Another Japanese supplier arrives to Silao
  • Mexico perceived as the new Detroit
  • Corvette “nervous system” will be made in Ciudad Juarez
  • Lazaro Cardenas Port will receive US$10 billion investment within five years
  • Altamira Port will receive US$117 million from private investment in 2013
  • Anipac budgets investments for US$3.5 billion
  • Steel boom thanks to assemblers
  • British show interest in Mexico
  • Vitro, ready to grow again
  • Neolpharma builds biotechnological plant
  • Industrialists and government reach an agreement on natural gas
  • Danone denies they will leave Michoacán
  • Drop in Mexican automobiles exports to South America
  • EA888 engines manufactured by Volkswagen in Silao are already running in the USA
  • Puerto Coatzacoalcos will have a vegetal oil terminal
  • Monterrey private sector calls off investments for US$900 million
  • Industrial park for Honda suppliers
  • Rebirth of manufacturing activity agreed with the USA

    • 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