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  • Volvo and Scania analyzing investing in Durango
  • Cisco will strengthen investment in domestic manufacturing
  • Artecola kicks-off operations in Leon, Guanajuato
  • Chinese companies will invest in Mexico
  • Thirty Mexican companies are interested on bidding for the construction of NAICM
  • Gulfstream presents a new family of aircraft
  • Hangar being built in UNAQ
  • Tecma Group Mexico Manufacturing Mobile App Now Available
  • Aeromexico and its workers union reach an agreement
  • Bancomext has authorized a credit for US$50 million to rebuild Los Cabos Airport
  • Logistics Center to be built in Guanajuato
  • Two Canadian companies in the automotive field will establish in San Luis Potosi
  • Japanese investments reach US$500 million
  • Mexico will become an international hub
  • TechOps will consolidate its operations in 2015
  • Auto parts plant invests US$16.5 million in Puebla
  • INTERMEX MANUFACTURA DE CHIHUAHUA extended for 1 year its current lease contract with INTERMEX for its Shelter Services to MANOIR AEROSPACE.
  • Relevant topics to be discussed in Mexico’s Aerospace Summit to be held in Queretaro
  • The Mexican Air Force will hold an aerospace tradeshow in 2015
  • Proposal to create an Aerospace Medicine Institute in Mexico
  • Mexico’s competitiveness before China increasing

    Baja California, Mexico.- Representatives from Baja California State Economists Association, Colegio Estatal de Economistas de Baja California (CEEBC), said that Mexico’s competitiveness before China in international manufacturing industry has been significantly increased. Luis Felipe Ledezma Gil, Chairman, CEEBC, pointed-out that one of the factors to attract and retain foreign investment in Mexico is current inflation on salaries and wages in China. He also said that if manufacturing industry in Mexico has expanded, it is because value added has gone up, going from basic textiles and shoes to producing chips for cell phones, transmission equipment and plasma screens. However, he said that according to the Economic Commission for Latin America and the Caribbean (ECLAC), Mexico only invests 0.3% of its Gross Domestic Product in Science and Technology, while other countries from the Organization for Economic Cooperation and Development (OECD) allocate 3%, “if no attention is given to this situation, there will be long term consequences”, he said.
    Source: El Mexicano | Date: 16/08/2012