Login to Digital Content
User:
Pass:
 
Last News
  • 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
  • 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