Mexico’s Economy
Industrial real estate demand in Monterrey grew in 2021
MONTERREY – Mexico City and Monterrey have managed to have an industrial and corporate development that is ahead in Mexico,…
Canada and Mexico tie as U.S. trading partners
MEXICO – Canada and Mexico tied as trading partners of the United States from January to November 2021, with a…
Idefin announces construction of a new hotel in Quintana Roo
QUINTANA ROO – The Institute for Investment and Development of Quintana Roo (Idefin) announced that Grupo Boca de Agua S.A.P.I….
Cotton production in Mexico plummets by 33%
MEXICO – Cotton production in Mexico has plummeted by 33% from its all-time high in 2018-2019 to 261,000 tons, noted…
Queretaro allocates US$2.6 million to reactivate agricultural activity
QUERETARO – The Government of the State of Queretaro, through the Secretariat of Agricultural Development (SEDEA), invested more than US$2.6…
Real estate market rebounds in Jalisco
JALISCO – After being one of the sectors most affected by the economic crisis brought on by the COVID-19 pandemic…
Baja California and Chihuahua lead in labor quality
MEXICO – Baja California and Chihuahua, representatives of the northern border of the country, were the states that presented the…
Queretaro will start 2022 with 50 investment projects
QUERETARO – The portfolio of projects that are planning to be installed in the state is made up of 50…
Middle East to invest in infrastructure in Jalisco
JALISCO – Companies from the Middle East could soon arrive in Jalisco to invest their capital in the development of…
Constellation Brands to build plant in Mexico
MEXICO – US brewer Constellation Brands will build a plant in southeast Mexico, after the controversial suspension of a previous…
Meru.com receives US$15 million in investment
MEXICO – The 100% Mexican online sourcing platform for Small and Medium Enterprises (SMEs), Meru.com, announced an investment of US$15…
Egypt interested in investing in SLP
SAN LUIS POTOSI – Mexico and Egypt share a vast historical, cultural and business capital, as well as a great…
Kuo invests US$US$91.3 million in Yucatan
YUCATAN – Mexican company Grupo Kuo, through its subsidiary Kekén, started up its pork processing plant in Sahe, Yucatan, which…
Mexico’s GDP falls by 0.4% in third quarter
MEXICO – After four consecutive quarters of recovery, Mexico’s Gross Domestic Product (GDP) decreased by 0.4% during the third quarter…
FDI arrivals to Mexico increased by 5.7%
MEXICO – Mexico captured US$4.14 billion in Foreign Direct Investment (FDI) from January to September 2021, an inter-annual increase of…