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  • 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
  • Bombardier’s restructure will not affect Mexico
  • New landing system in Nuevo Laredo Airport
  • Querétaro, a driving force for aerospace exports
  • The State of Mexico has received investments for US$7.727 billion
  • Aerospace engineers wanted
  • Investment for US$374 million in the State of Mexico announced
  • Axalta will invest US$10.5 million to increase production in Mexico
  • President’s airplane delivered
  • Private investment for US$384 million in new industrial parks at Guanajuato
  • Amistad joins Nortek’s Divisions CES Group and Nordyne Ribbon Cutting Ceremony: July 2014
  • Amistad & Gentherm host Ribbon Cutting Ceremony: August 2014
  • OMA supports its growth on hubs and stakeholders
  • Ten companies are interested in investing in Coahuila
  • Ferromex invests in railroads network
  • Puebla will have new industrial parks
  • Businessmen announce investments in the energy sector
  • Nuevo Leon, at the wheel of automotive innovation in Mexico
  • Maquilas pay more taxes in Mexico

    Mexico City— The Mexican Council of Maquiladora and Export Manufacturing Industry, Consejo Nacional de la Industria Maquiladora y Manufacturera de Exportación (Index) demanded from Mexican fiscal authorities changes in this subject to provide foreign investment with certainty and make this activity more profitable when compared to countries such as China, Brazil, Thailand and South Korea. KPMG Consultants Firm prepared a Total Taxes Index, taking as basis Mexico, assigning it 100 points; from such baseline, it turns out that Costa Rica has 94 points, Brazil 42, China 38, Thailand 29 and South Korea 26 points, which means that all these countries have a competitive fiscal advantage over Mexico. According to Luis Aguirre Lang, INDEX Chairman, this situation arises from the fact that those countries provide fiscal certainty in the medium and long terms, while in Mexico fiscal provisions change every year, which “scares away investors” even if Export Maquiladora Regime is attractive.
    Source: El Diario | Date: 23/05/2012