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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 displaced in FDI received

    Monterrey, Mexico.- Mexico lost 10 positions among favorite countries for Foreign Direct Investment (FDI) in the last decade as a consequence of lack of industrial policies to take advantage of NAFTA, businessmen in the steel and iron industry from Mexico, United States and Canada warned. At a meeting organized by the North American Steel Trade Committee in Washington, the businessmen expressed their concern for the figures on investment and jobs lost, and they will therefore find joint measures to counteract the competition from Asian countries in the region. According to a report from the United Nations Conference on Trade And Development (UNCTAD) presented in the trilateral meeting, Mexico went from fourth in foreign investment received in 1994 to the current seventeenth position, displaced by countries such as Italy, Spain, India, Germany, Canada and France.
    Source: Reforma | Date: 18/07/2012