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  • US$410 million to be invested in Chihuahua, generating 5,500 jobs
  • Mexico enjoys international investors’ confidence
  • Senior Operations will grow in Saltillo
  • Quimmco invests in auto parts development
  • Sanmina will invest US$27 million
  • Aeromexico, Interjet and Volaris receive supplies from Leon
  • Chihuahua looking in Canada for aerospace investment.
  • Aerospace companies will invest in Mexico
  • Aerospace cluster strengthened by the execution of the Mexico-France Agreement
  • Penjamo wants to enter into the industrial activity with a new park
  • Eight companies from India will invest in Jalisco
  • ZKW breaks ground in Guanajuato Inland Port
  • The Government will invest US$909.10 million in the Merchant Marine for the energy boom
  • Audi inaugurates Specialization Center in Puebla
  • Halla Visteon Climate Control expands its operations in Chihuahua
  • Aeromar Carga expands its terminal in Mexico City International Airport
  • 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
  • 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