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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
  • Domestic market: Mexican economy’s driving force

    Mexico.- Economic deceleration in the USA and the European crisis may be factors exerting a negative influence on Mexican economy growth in the second half of the year. However, specialists concur that growth slowdown will be kept at a minimum, thanks to the support provided by domestic demand. Some trend indicators, such as the forward indictor prepared by the Mexican Statistics Agency, INEGI, warn that Mexican economy could be entering into a deceleration stage, but analysts consider other data show Mexico’s resistance to the international economic environment. GDP for the second quarter of the year will be disclosed this week. Specialists asked by Banco de Mexico (Banxico) estimate annual growth in 3.95% a figure that, if confirmed, will provide for semi-annual growth above 4%.
    Source: El Economista | Date: 14/08/2012