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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
  • 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