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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
  • Spaniard companies choose Mexico as their refuge

    Mexico City.- The economic crisis prevailing in Spain has forced businessmen and professionals to look for growth and development opportunities in other countries, such as Mexico, which is attractive due to its position in the global environment. Francisco Garzon, Head of Spain’s Economy and Trade Office in Mexico, said that the Spaniard public and private deficit is in the hands of their government, which is working on implementing structural reforms to solve problems and take growth back, but for the time being the economic environment forces businessmen to pick other destinations for their investments. “In the last few months we have observed a large number of Spaniard companies interested in Mexico, for both foreign trade and investment. Mexico is on top of their lists now more than ever because the companies have realized that they must go abroad and so much the better if it is a country with juridical certainty and close cultural relations, such as Mexico”.
    Source: El Universal | Date: 14/08/2012