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  • Toyota considering a factory in Mexico
  • Mexico will produce more than 3 million automobiles: AMIA
  • China interested on investing in Tabasco projects
  • US companies interested on establishing in Juarez
  • Investments add to US$7 million
  • Airbus will train pilots in NL
  • Faurecia invested US$25 million in the expansion of their plant in Puebla
  • Safran reaching out for youngsters
  • Mexico’s Aerospace Industry growing at the same pace as China’s
  • Interest and confusion on the future of air cargo with the new Mexico City International Airport: Specialists
  • US$15.1 million allocated to Creel Airport
  • New Heil Tank Trailer plant in Mexico helps manufacturer answer market needs
  • Amistad Industrial Developers announced NEW DEVELOPMENT in Central Mexico!!
  • Industrial parks want Mexican companies
  • “Wave” of investments in the automotive area arriving to Mexico
  • Toyota pondering a new plant in Mexico
  • Chihuahua-New Mexico railway works will start with US$1 billion investment
  • First Audi suppliers coming to Tlaxcala
  • Prettl will build a new plant in Colon
  • German company expands investment in Aguascalientes
  • Diversifying the State’s economy is urgent

    Ciudad Juarez, Chihuahua.- The setback by Chihuahua’s Gross Domestic Product in the last decade was caused by its high dependency on processing industry, and therefore specialists called to draft a plan focused on diversifying economy and putting money on other productive sectors. “The diagnosis made by the Organization for Economic Cooperation and Development (OECD) showed us that the State of Chihuahua was the only state in Mexico which shrank economically between 2000 and 2010”, Jorge Contreras Fornelli, Chairman of Ciudad Juarez Economic Development, pointed-out. An analysis of figures from the Mexican Social Security Institute, Instituto Mexicano del Seguro Social (IMSS), shows that such dependency is stronger in Juarez, where Processing Industry accounts for 6.16% of formal jobs, followed by Services to Companies and People with 13.5%; Commerce with 11.6%, Social Services with 6.5% and Construction with 2.6%. “Foreign investment is important, but strengthening domestic industry is even more important”, Mr. Contreras said.
    Source: El Diario | Date: 18/06/2012