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  • US$123.3 million to be invested by Conacyt-Sener
  • Baja California is assembling an investments portfolio for US$1.2 billion
  • The Federal Government has confirmed a new airport in Mexico City, adjoining the current AICM
  • Automotive manufacturer will invest US$3 million in Jalisco
  • Mitchell Plastics open their doors in Queretaro
  • Mexico, ready to receive Canadian investment in SMC’s: Bancomext
  • More plants from foreign companies arriving to Monterrey
  • TEN Arquitectos the most likely choice to build the new airport
  • Technological Agroindustry Park to be built in Zapotlan
  • Parras will have an industrial park
  • Kia Motors will start assembling autos in Mexico in 2016
  • Aerospace Summit to be held in Queretaro
  • Mexico and the USA promote aerospace SMC’s cluster
  • Investment in Baja California aerospace industry
  • SCT promotes the creation of the Federal Civil Aviation Agency
  • Uruapan is attractive for assemblers in the automotive industry: Ministry of the Economy
  • Vesta is raising an automotive industrial park in Tlaxcala
  • Peña Nieto will announce the new Hyundai plant
  • Guanajuato wants it all: they are after suppliers
  • Guanajuato will reactivate the leather industry
  • Mexico will weather the European crisis

    Mexico City.- If Greece suspends payments or leaves Eurozone, there is no doubt it would mean a shock for the whole global system, causing turbulence that would affect every country, including Mexico. “But I am confident Mexico could weather this shock successfully”, Pier Carlo Padoan affirmed. In an interview, Mr. Padoan, Deputy Secretary of the Organization for Economic Cooperation and Development (OECD) and Chief Economist as well, acknowledged, “The risk of Greece leaving Eurozone is much higher than six months ago, and this would not only have negative consequences at Eurozone but it would not solve problems”. “In a broader scenario, there should be certain turbulence arriving to Mexico if there is a default by any of the countries from the Eurozone. But I am confident that Mexico will easily overcome this situation. I think that Mexican economy is strong and I believe their main sources of concern come more from the USA than from Europe”, he said.
    Source: Excelsior | Date: 06/06/2012