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  • 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
  • Sound banking system and macroeconomics in Mexico: experts

    Mexico City.- Mexico has sound macroeconomics and a solid banking system, which will allow it face any blow from the European crisis, specialists and authorities from the financial and stock market sectors affirmed. They acknowledged that global volatility continues and that the impact will depend on the time and way problems are solved, mainly regarding the crisis in Greece, even if they ruled out this could collapse Europe’s financial system. In a round table organized by CFA Program (certification for professionals in investment), Luis Tellez emphasized that both the Mexican economy and banks here are sound, thanks to the fact that Mexico has had consistent economic policies in the last years. He reminded that in the 1995 crisis Mexico, in coordination with the US Government and the International Monetary Fund, in a month had already implemented solutions, while in Europe it has been three years and they have not reached a final agreement.
    Source: El Economista | Date: 31/05/2012