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Jan 18
2012

Great News about Mexico in January 2012

Posted by: Luis Miranda in MyBlog

Tagged in: Untagged 

Luis Miranda
Mexico is among the best countries in Latin America in which to start a business, according to the Index of Entrepreneurs of Latin America of the specialized digital magazine, Latin Business Chronicle.
 
In 2011, more than 167.3 million national tourists traveled through Mexico, a four percent increase compared to 2010, informed the Ministry of Tourism (SECTUR).
 
In 2012, Mexico could attract close to 19 billion dollars in FDI, practically the same amount as in 2010,according to estimates by the Bank of Mexico (Banxico).
 
Mexico will grow by four percent in 2012, a similar development to 2011, of approximately 4.1%, according to projections by the Center for Economic Studies for the Private Sector (CEESP).
 
In 2011, the entry of foreign investment to federal government instruments recorded an unprecedented 378.6563 billion pesos (30.5 billion dollars), informed Banxico.
 
Mexico placed two billion dollar debt in 10-year global bonds
The Ministry of Finance and Public Credit (SHCP) informed that the government placed a debt emission for two billion dollars through 10-year bonds and that it will pay the lowest interest in history of its kind (3.71%). It added that the operation received a demand of more than five billion dollars and that it took place under very favorable conditions, which shows how investors trust the economic policy of the current government.
 
Mexico received the Guinness Record for the world’s highest cable-stayed bridge
President Felipe Calderón received the Guinness Record in recognition of the construction of the world’s highest cable-stayed bridge, which is located between Durango and Sinaloa. The Baluarte Bridge is built 403.4 meters above sea level and is the most important work carried out during this administration, with an investment of more than 20 billion pesos, informed the Ministry of Communications and Transportation (SCT).
 
Nissan plans a third plant in Mexico, The Wall Street Journal, 06/01/2012.
Nissan Motor Co. plans to build a third car factory in Mexico to supply demand in North and South America and gain regional leadership. Currently, Nissan has a capacity of 700,000 vehicles annually in its two plants in Mexico.
 
Audi may be leaning toward Mexico for a North American assembly plant, according to WardsAuto, an automotive industry website.
 
Guadalajara will feature the audiovisual and technology development project “Ciudad Creativa Digital”, which could bring in up to 10 billion dollars in investments related to the project and generate an “export ecosystem” of approximately two billion dollars, informed ProMéxico.
 
The United States was the largest tequila consumer worldwide in 2011, occupying 47.31% of global demand and exceeding Mexico by 9.44 percentage points, according to data from the Tequila Regulating Council (CRT).

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