Mexico’s Economy
Queretaro closes 11 investment projects for 2022
QUERETARO – During the first two months of the year, the state attracted 11 investment projects for US$293 million, which…
Mars Petcare to invest US$100 million in Queretaro
QUERETARO – Mars Petcare, a company dedicated to the production of wet pet food, will invest US$100 million over three…
Microsoft to install its new data center in Queretaro
QUERETARO – The new Microsoft data center will be located in Queretaro, with an approximate area of 3 soccer fields…
Queretaro added 4,481 new jobs in January
QUERETARO – During January, the state incorporated 4,481 new jobs associated with the Mexican Social Security Institute (IMSS), a figure…
Franchises to invest US$1.7 million in Puebla
PUEBLA – By May 2022, the franchise sector will reactivate US$1.7 million in investments, by having better conditions in terms…
Jalisco expects to attract 15 foreign investment projects
JALISCO – By offering legal certainty and security to foreign capital, the state of Jalisco expects to attract 15 Foreign…
Analysts forecast 2.2% growth for Mexico in 2022: Banxico
MEXICO – Mexico’s economy could grow up to 2.2% in 2022, according to analysts consulted by Banco de Mexico (Banxico)….
Mayan Train and Tulum Airport to be inaugurated in 2023
CANCUN, QR – During a working tour in the southeast of the country, President Andres Manuel Lopez Obrador announced that…
Mexico’s economy could enter into technical recession
MEXICO – The Mexican economy registered the second post-pandemic fall in the fourth quarter of the 2021, by completing a…
Mexico closed 2021 with an 18.52% growth in exports
MEXICO – INEGI published the trade balance for January, where it highlights that total exports amounted to US$494 billion. This…
Pemex closes the purchase of the Deer Park refinery
TEXAS – Petroleos Mexicanos (Pemex) took over the operation of the Deer Park refinery in Texas, after concluding the purchase…
Mexico without great growth expectations in 2022
MEXICO – With the beginning of the year marked by the uncertainty brought by the omicron variant and its increase…
Fibra Mty made four new acquisitions for US$139 million
MONTERREY – Fibra Mty announced that it concluded its 2021 acquisition plan, during said period it purchased four projects for…
Guanajuato and Japan strengthen ties
LEON, GTO – The general director of JuventudEsGto, Toño Navarro, held a meeting with the Consul General of Japan in…
Constellation Brands to build plant in Veracruz
VERACRUZ – The beer company Constellation Brands will invest around US$5 and US$5.5 million in Mexico by 2026, mainly for…