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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’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