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  • US$123.3 million to be invested by Conacyt-Sener
  • Baja California is assembling an investments portfolio for US$1.2 billion
  • The Federal Government has confirmed a new airport in Mexico City, adjoining the current AICM
  • Automotive manufacturer will invest US$3 million in Jalisco
  • Mitchell Plastics open their doors in Queretaro
  • Mexico, ready to receive Canadian investment in SMC’s: Bancomext
  • More plants from foreign companies arriving to Monterrey
  • TEN Arquitectos the most likely choice to build the new airport
  • Technological Agroindustry Park to be built in Zapotlan
  • Parras will have an industrial park
  • Kia Motors will start assembling autos in Mexico in 2016
  • Aerospace Summit to be held in Queretaro
  • Mexico and the USA promote aerospace SMC’s cluster
  • Investment in Baja California aerospace industry
  • SCT promotes the creation of the Federal Civil Aviation Agency
  • Uruapan is attractive for assemblers in the automotive industry: Ministry of the Economy
  • Vesta is raising an automotive industrial park in Tlaxcala
  • Peña Nieto will announce the new Hyundai plant
  • Guanajuato wants it all: they are after suppliers
  • Guanajuato will reactivate the leather industry
  • 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