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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
  • 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