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  • US$410 million to be invested in Chihuahua, generating 5,500 jobs
  • Mexico enjoys international investors’ confidence
  • Senior Operations will grow in Saltillo
  • Quimmco invests in auto parts development
  • Sanmina will invest US$27 million
  • Aeromexico, Interjet and Volaris receive supplies from Leon
  • Chihuahua looking in Canada for aerospace investment.
  • Aerospace companies will invest in Mexico
  • Aerospace cluster strengthened by the execution of the Mexico-France Agreement
  • Penjamo wants to enter into the industrial activity with a new park
  • Eight companies from India will invest in Jalisco
  • ZKW breaks ground in Guanajuato Inland Port
  • The Government will invest US$909.10 million in the Merchant Marine for the energy boom
  • Audi inaugurates Specialization Center in Puebla
  • Halla Visteon Climate Control expands its operations in Chihuahua
  • Aeromar Carga expands its terminal in Mexico City International Airport
  • Volvo and Scania analyzing investing in Durango
  • Cisco will strengthen investment in domestic manufacturing
  • Artecola kicks-off operations in Leon, Guanajuato
  • Chinese companies will invest 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