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  • Continental will invest US$2.7 million in the expansion of their manufacturing plant in Silao
  • 4G Ingenieria Plant inaugurated in Guanajuato
  • Care Fusion inaugurates new facilities
  • GMexico planning to invest US$9 billion by 2017
  • Governor Francisco Vega confirms investment and employment in BC aerospace sector
  • Pepsico invests US$56.6 millions in treatment plant
  • Chihuahua will manufacture an airplane by 2023
  • The first machines for Audi plant have arrived
  • Interjet reports the results of Mexico-Bogota route a year after it started operating
  • Altamira Port will receive investments for US$75.5 million in 2014
  • OMA will invest US$26.5 million in the new Acapulco terminal
  • Audi, BMW and Mercedes looking for suppliers in Mexico
  • Auto parts company starts operations in Parral
  • Cesar Duarte will travel to China to “secure” assembly plant
  • Guanajuato Inland Port grows with new tenants
  • A new Hyundai plant may be installed in Nuevo Leon
  • Aeromexico and Mexico City Government inaugurate the first "CDMX" airplane to promote tourism
  • Jalisco attracts German investment in the automotive and aerospace industries
  • Kostal Group will build a second plant
  • The Minister of the Economy inaugurated 2 new plants in Bafar Complex
  • 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