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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
  • High concentration in Mexico

    Mexico City.—Even if Mexico has opened widely to trade and foreign investment is stronger than in the United States, there are more obstacles here to competition in certain sectors, according to an analysis from the Research Center for Development, Centro de Investigacion para el Desarrollo (CIDAC). The document “How open is Mexican economy actually?” points-out that at sectors such as petroleum, electric power, telecommunications and the media, Mexico has 5 times more concentration than the United States. The document, based on the Economic Openness Index prepared by Jaime Serra Puche, says that, taking as measure Herfindahl Index (where 0 represents perfect competition and 10,000 absolute monopoly), in telecommunications Mexico has 6,382 points, against 3,043 of the USA. As far as media is concerned, Mexico has 5,994 points, while the United States have 1,059.
    Source: Excelsior | Date: 19/06/2012