Login to Digital Content
User:
Pass:
 
Last News
  • 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
  • Growth by Maquiladora industry slowing down

    Guadalajara, Mexico.- Due to what they consider fiscal uncertainty, maquiladora and export manufacturing companies have limited their growth, staying within 8% to 15%. Luis Aguirre Lang, Chairman, National Council of Maquiladora and Export Manufacturing Industry, Consejo Nacional de la Industria Maquiladora y Manufacturera de Exportacion (Index), said that if operations rules were clearer, companies in the sector could attract up to 50% more investment and be more competitive. “What we at maquiladora industry are asking is that what we have now as a decree be enacted as a law, to have a chapter speaking about fiscal regulations for maquiladora industry in the Income Tax Act and Flat Tax Act”, he said. According to a study prepared by KPMG, Mexico is the country with the most expensive fiscal regime for maquiladora industry when compared to other emerging countries such as China, Brazil, Costa Rica, South Korea and Thailand.
    Source: El Norte | Date: 07/06/2012