Mexico’s Economy
Mexico joins the top 10 for FDI attraction in 2020
MEXICO – Mexico joined the ranking of the 10 countries with the highest inflows of Foreign Direct Investment (FDI) in…
Mexico acquires 50% of Houston’s Deer Park
HOUSTON – President Andres Manuel Lopez Obrador announced that Pemex has closed the purchase of the Deer Park refinery in…
Mexico’s Foreign Direct Investment reached record high in Q1
MEXICO – The Ministry of Economy reported that Foreign Direct Investment (FDI) increased to US$11.8 billion during the first quarter…
Spin Technologies arrives in Mexico
MEXICO – With an investment of 14% of its global budget, the international company Spin Technologies, a provider of software…
Corn production falls by 30% in Mexico
MEXICO – Corn production in Mexico has fallen by 30% as a result of droughts and disasters. Corn is expected…
ACCIONA to invest US$163 million in Baja California
LOS CABOS – ACCIONA will invest a total of US$163 million to build a desalination plant in Los Cabos, Baja…
Ministry of Economy announces USMCA meeting
MEXICO – The Ministry of Economy announced that the First Meeting of the Free Trade Commission of the United States,…
MEOR to invest US$150 million in Mexico
MEXICO – Given that the country’s entities are generating a climate of confidence for attracting capital, the MEOR Real Estate…
Grupo Mexico to invest US$3.1 billion in Sonora
SONORA – Grupo Mexico plans to invest US$3.1 billion for metal refining in the state of Sonora and electrical infrastructure…
DENMARK IN MEXICO
By Arturo Chretin Denmark is a rich, modern society with state-of-the-art infrastructure and distribution systems, a highly skilled labor force,…
PetroBal acquires US$250 million loan in Mexico
MEXICO – PetroBal, a Mexican oil company subsidiary of Grupo Bal, closed a US$250 million loan to continue financing part…
PepsiCo to invest US$989,619 in Mexico
TABASCO – PepsiCo announced that over the next three years it will promote the “Agrovita” program in Tabasco and Chiapas,…
WTTC to invest US$2.5 billion in Mexico
CANCUN – The chairman of the board of directors of the World Travel and Tourism Council (WTTC), Christopher J. Nassetta,…
Informality, Outsourcing and PTU Talks Rattle Mexico’s Employment Landscape
By Iván Iglesias Recently, the National Institute of Statistics and Geography (INEGI) reported that, at the end of 2020, nineof…
AICM registers remarkable recovery
MEXICO CITY – During March, the Mexico City International Airport (AICM) served a total of 2.3 million passengers between nationals…
