It is time to invest to avoid the economic slowdown: Slim
Business - Tuesday, November 2, 2010 (21:40)
Businesses are governed by the opportunities, said the Mexican billionaire
The online Financial
Veracruz, November 2 .- The businesses are governed by the opportunities, so that the climate of violence and insecurity is not limiting to invest in Mexico, emphasized the life president of Grupo Carso, Carlos Slim, after stating that "unless invest is going to be late. "
Slim was in Veracruz, along with the state governor, Fidel Herrera, to take the checkered flag to start the construction of the first 100 homes for victims of Hurricane Karl "that hit the body in September.
He stressed the importance of economic recovery in the stage of reconstruction of Veracruz to create jobs, said that Grupo Carso investments will accelerate in that state and foundation support will actively participate in this new phase.
For his part, Herrera Beltrán commented that the draft "United Foundation Karl", have joined so many wills and many efforts that "it is clear that no task is impossible Veracruz, we do everything fast, the impossible takes us a little longer but we do possible. " (With information from agencies
viernes, 5 de noviembre de 2010
More Company Invest in Mexico Pirelli To Invest 250 Million Dollars in Mexico
Pirelli to invest 250 million dollars in Mexico
Business - Friday, November 5, 2010 (04:19 hrs)
Produce three million tires in 2013
By José Antonio Durán
The online Financial
Mexico, November 5 .- The first stage of what will be the Pirelli tire factory in Silao, Guanajuato, require an investment of $ 250 million due 2015. Its aim is to produce initially three million tires for cars and trucks in 2013, and 2015 to reach five million tires.
Next year we will invest $ 210 million and in 2015 40 million more.
Marco Tronchetti Provera, Pirelli's worldwide president, said the investments will generate 700 direct jobs and total production, 25 percent will go to the original equipment market of light vehicles, factories, "and the rest to the replacement market.
Currently operating in eight Mexican market tire manufacturing plants, which generate seven thousand 400 direct jobs and produce at the end of this year 18 million tires, exceeding the 16 million the previous year, said Martha meanwhile Francisco, CEO National Chamber of the rubber industry, consulted separately.
Tronchetti said they chose to Mexico to invest and settle in North America due to its substantial base of light vehicle production for the domestic market and export. The company also is investing in Brazil and Argentina.
The Mexican market represents 2 percent of the total turnover of the company, involved in this country for ten years, with imports. The Latin American market is attractive for him the adverse economic environment for sales of new cars and the need for unit owners used to buy replacement tires. The company will also expand plants in China and Romania.
Industry
For his part, said Martha Bridgestone-Firestone has two plants in the country, Cuernavaca and Monterrey, Continental Tire has a "San Luis Potosi, Queretaro Michelin one-, Tornel, now known as JK, three-two Federal District and one in Tultitlan, State of Mexico, and West Corporation in partnership with Cooper Tire in Jalisco.
The production of these companies goes to 70 percent replacement market, and the rest of the original equipment market. The factories are in the process of upgrading most of its machinery, as they face competition from more than one hundred brands, mostly imported. Martha Michelin reported that more than two years ago tried to install a tire factory in Silao, Guanajuato, with an investment of $ 740 million, but halted its strategy.
The National Association of Tire Dealers and plant renewable (Andellac) reported that the Mexican market consumes more than 25 million new tires a year. In the first half of this year the market grew 7 percent, the equivalent to 100 thousand wheels "in relation to the same period last year. Sales were driven tires for the replacement market. (With information from El Financiero
Business - Friday, November 5, 2010 (04:19 hrs)
Produce three million tires in 2013
By José Antonio Durán
The online Financial
Mexico, November 5 .- The first stage of what will be the Pirelli tire factory in Silao, Guanajuato, require an investment of $ 250 million due 2015. Its aim is to produce initially three million tires for cars and trucks in 2013, and 2015 to reach five million tires.
Next year we will invest $ 210 million and in 2015 40 million more.
Marco Tronchetti Provera, Pirelli's worldwide president, said the investments will generate 700 direct jobs and total production, 25 percent will go to the original equipment market of light vehicles, factories, "and the rest to the replacement market.
Currently operating in eight Mexican market tire manufacturing plants, which generate seven thousand 400 direct jobs and produce at the end of this year 18 million tires, exceeding the 16 million the previous year, said Martha meanwhile Francisco, CEO National Chamber of the rubber industry, consulted separately.
Tronchetti said they chose to Mexico to invest and settle in North America due to its substantial base of light vehicle production for the domestic market and export. The company also is investing in Brazil and Argentina.
The Mexican market represents 2 percent of the total turnover of the company, involved in this country for ten years, with imports. The Latin American market is attractive for him the adverse economic environment for sales of new cars and the need for unit owners used to buy replacement tires. The company will also expand plants in China and Romania.
Industry
For his part, said Martha Bridgestone-Firestone has two plants in the country, Cuernavaca and Monterrey, Continental Tire has a "San Luis Potosi, Queretaro Michelin one-, Tornel, now known as JK, three-two Federal District and one in Tultitlan, State of Mexico, and West Corporation in partnership with Cooper Tire in Jalisco.
The production of these companies goes to 70 percent replacement market, and the rest of the original equipment market. The factories are in the process of upgrading most of its machinery, as they face competition from more than one hundred brands, mostly imported. Martha Michelin reported that more than two years ago tried to install a tire factory in Silao, Guanajuato, with an investment of $ 740 million, but halted its strategy.
The National Association of Tire Dealers and plant renewable (Andellac) reported that the Mexican market consumes more than 25 million new tires a year. In the first half of this year the market grew 7 percent, the equivalent to 100 thousand wheels "in relation to the same period last year. Sales were driven tires for the replacement market. (With information from El Financiero
The Japanese Company Will Install a Plant in Queretaro Mexico
The Japanese company will install a plant in Queretaro Neaton
Business - Friday, November 5, 2010 (11:17 hrs)
Invest at least 104 million pesos
The online Financial
Querétaro, Nov. 4 .- With an investment of 104 million pesos for the second half of 2011 will auto parts company Querétaro Neaton Auto Mexicana, which will create 595 new jobs, said the head of the Ministry of Sustainable Development ( SEDESU), Tonatiuh Salinas Muñoz.
Japanese firm said this will be installed in the Parque Industrial El Marques, where it will produce air bags to provide carmakers Nissan, Honda and Toyota.
Muñoz Salinas explained that the investment of 104 million Mexican Auto Neaton made will only be for land acquisition and construction, but for the second quarter of 2011 will generate 595 new jobs for the state.
"This is one of the largest investments have been in the automotive sector for job creation," he said.
In addition, it will generate an economic important for the state, as Neaton Auto Mexicana intends to increase its turnover to $ 40 million each year.
The official said the remainder of this year, company executives will acquire the land and carry out procurement of works, so that in the first half of 2011 will begin building the corporate and operations starting in the second half.
The automotive industry, he said, is an additional investment to announce that are installed in Querétaro, since there are five companies in the aerospace industry, as well as telecommunications.
To close this year, the industrial sector will grow by 9 percent, as though investment began to arrive, you can not sustain an increase in the activity was in the first quarter of 2010, that was 13 percent. (With information from Flor Cardona / CFE)
Business - Friday, November 5, 2010 (11:17 hrs)
Invest at least 104 million pesos
The online Financial
Querétaro, Nov. 4 .- With an investment of 104 million pesos for the second half of 2011 will auto parts company Querétaro Neaton Auto Mexicana, which will create 595 new jobs, said the head of the Ministry of Sustainable Development ( SEDESU), Tonatiuh Salinas Muñoz.
Japanese firm said this will be installed in the Parque Industrial El Marques, where it will produce air bags to provide carmakers Nissan, Honda and Toyota.
Muñoz Salinas explained that the investment of 104 million Mexican Auto Neaton made will only be for land acquisition and construction, but for the second quarter of 2011 will generate 595 new jobs for the state.
"This is one of the largest investments have been in the automotive sector for job creation," he said.
In addition, it will generate an economic important for the state, as Neaton Auto Mexicana intends to increase its turnover to $ 40 million each year.
The official said the remainder of this year, company executives will acquire the land and carry out procurement of works, so that in the first half of 2011 will begin building the corporate and operations starting in the second half.
The automotive industry, he said, is an additional investment to announce that are installed in Querétaro, since there are five companies in the aerospace industry, as well as telecommunications.
To close this year, the industrial sector will grow by 9 percent, as though investment began to arrive, you can not sustain an increase in the activity was in the first quarter of 2010, that was 13 percent. (With information from Flor Cardona / CFE)
Mexico is a Better Place to do Business Said President Calderon
Mexico is a better place to do business: Calderón
Economy - Friday, November 5, 2010 (18:00 hrs)
The country has emerged from a of the crisis overall more severe in the history notes (Photo: File)
The online Financial
Mexico, November 5 .- President Felipe Calderón confirmed today that Mexico has gone from one of the most severe global crises in history, and is currently a better place to do business, with conditions better than countries such as China, Brazil, India and Russia.
"Even though he talks a lot of other economies that shielded by far the calls BRIC, Brazil, China, India, Russia, etc., the truth is that according to the index of the World Bank, Mexico is a better place to do business, better China, better than Brazil, Russia and better than
Economy - Friday, November 5, 2010 (18:00 hrs)
The country has emerged from a of the crisis overall more severe in the history notes (Photo: File)
The online Financial
Mexico, November 5 .- President Felipe Calderón confirmed today that Mexico has gone from one of the most severe global crises in history, and is currently a better place to do business, with conditions better than countries such as China, Brazil, India and Russia.
"Even though he talks a lot of other economies that shielded by far the calls BRIC, Brazil, China, India, Russia, etc., the truth is that according to the index of the World Bank, Mexico is a better place to do business, better China, better than Brazil, Russia and better than
The Era Of Private Capital In Commercial Real Estate Market in Mexico
The era of private capital in commercial real estate market
Written by Real eStrategy 2 Infra and Sustainability, RE Commercial News Sep 9, 2010 Certificates of Capital Development (CKD) has cracked the door to a potential market that will strengthen the funding and little is known in Mexico. We speak, of course, the market for private equity funds.
If one considers that between 2006 and 2007 were injected into the housing market some 15 billion dollars in investment, anyone can imagine the effect this would cause.
The role of the National Infrastructure Fund (Fonadin) has been important to shore up the startup of this business. However, its potential goes far beyond the work of this body since the first funds require a focus on infrastructure and logistics.
We talk about is the commercial property market, which focuses on office, industrial parks, shopping centers, housing and hotels. That in any of the 30 funds that already exist in this area has been investing, but are now complemented by new initiatives from the resources available in the Afore.
Written by Real eStrategy 2 Infra and Sustainability, RE Commercial News Sep 9, 2010 Certificates of Capital Development (CKD) has cracked the door to a potential market that will strengthen the funding and little is known in Mexico. We speak, of course, the market for private equity funds.
If one considers that between 2006 and 2007 were injected into the housing market some 15 billion dollars in investment, anyone can imagine the effect this would cause.
The role of the National Infrastructure Fund (Fonadin) has been important to shore up the startup of this business. However, its potential goes far beyond the work of this body since the first funds require a focus on infrastructure and logistics.
We talk about is the commercial property market, which focuses on office, industrial parks, shopping centers, housing and hotels. That in any of the 30 funds that already exist in this area has been investing, but are now complemented by new initiatives from the resources available in the Afore.
Grupo Mexico Confirms Investment Mexico Peru in Mining
.
Grupo Mexico confirms investment in mining
01/11/2010 08:23
Mexico. Grupo Mexico (GMEXICO) has an investment plan for the next five years of 5.600 million dollars (mdd), of which 3.800 million dollars will be invested in Mexico and 1.800 million dollars in Peru.
In its report of results for the third quarter, the mining firm indicates that in Cananea, Sonora, for Plant and Quebalix EW III, ICA-Fluor's office is reviewing the basic engineering project undertaken in 2006, hoping to be completed in December 2010. Estimated that in the first quarter of 2011
commence the detailed engineering studies.
For expansion of the concentrator at the mine in Peru Toquepala, details, it has invested 115 million dollars. It is reviewing the engineering plan and expects to submit the Environmental Impact Study later this year. The project will increase production by 100,000 tons of copper a year, starting production in 2012.
To Aunt Mary, he adds, the Peruvian government sent additional project information, including the possibility of using sea water. It expects a decision of the authority over the environmental impact study in the last quarter of the year, begin construction in the first quarter of 2011 and production for mid-2012.
Grupo Mexico confirms investment in mining
01/11/2010 08:23
Mexico. Grupo Mexico (GMEXICO) has an investment plan for the next five years of 5.600 million dollars (mdd), of which 3.800 million dollars will be invested in Mexico and 1.800 million dollars in Peru.
In its report of results for the third quarter, the mining firm indicates that in Cananea, Sonora, for Plant and Quebalix EW III, ICA-Fluor's office is reviewing the basic engineering project undertaken in 2006, hoping to be completed in December 2010. Estimated that in the first quarter of 2011
commence the detailed engineering studies.
For expansion of the concentrator at the mine in Peru Toquepala, details, it has invested 115 million dollars. It is reviewing the engineering plan and expects to submit the Environmental Impact Study later this year. The project will increase production by 100,000 tons of copper a year, starting production in 2012.
To Aunt Mary, he adds, the Peruvian government sent additional project information, including the possibility of using sea water. It expects a decision of the authority over the environmental impact study in the last quarter of the year, begin construction in the first quarter of 2011 and production for mid-2012.
Mazatlan Mexico More Investment for 2011
More investment for 2011
AMPI announces major real estate projects and residential detonate Mazatlan
debate.com.mx | Haysiber Bojorquez | Updated: 08/08/2010 10:00:00
|
ADVERTISING Mazatlan, Sinaloa .- A pretty picture for Mazatlan looms next year with investments in real estate developments and residential projects.
The president of the Mexican Association of Real Estate Development (AMPI) in Mazatlan, Ernesto Guzman Garate, announced the construction of a condominium tower called The boardwalk "for after completion of the summer, which would be located next to the Hotel De Cima.
He said that by early 2011 the mega project in the Stone Island will begin with a hospital within 120 hectares of under 2 000, which will feature condominiums and retirement homes.
> Urban growth. Alfredo Reynaga Chicuate, representative of AMPI in Mexico, said that six affordable housing projects are planned for construction and half to the south and north of the city.
"The winter season will be very good, especially because there is enough supply to accommodate this market, either pre-or in new projects to be a magnet for investors."
Guillermo Garcia Coppel, president of Mazatlan's tourist development, said that it is in Grand Gavias delivery phase, while the end of the year will do the same and Escondido Peninsula Towers.
Tortuguitas complex and Paradise Bay Grand advancing in its construction to boost foreign tourism.
> Positive expectations. Garate Guzman also noted that next year will likely end the Mazatlan-Durango highway, coming to detonate the Sinaloa state's economic development.
He explained that the CIP Teacapán in Escuinapa, and shows progress in infrastructure despite the adjustments that were made by the EIA.
"It is the starting signal for the next year, and well placed to Mazatlan in the national focus of the cities that are going to rebound and have a great appeal to Mexican and foreign investors."
> Green light. The leader of the AMPI in the town said there was a lot of attention in the area of La Marina, to materialize the mall with exclusive brands in the following months.
"There are several towers with building permits in hand and ready to go."
-120
ACRES is the first stage of the hospital. <<
-6
Projects are available for housing in 2011. <<
"The key points of development
Investment
It spent 500 million dollars for luxury tourism in Mexico, highlighting for reviving the Riviera Maya, Sinaloa and Baja California.
-Expectation
The AMPI announced several real estate projects which are next door for years.
-Impact
Mazatlán-Durango Highway and Teacapán CIP projects are larger.
AMPI announces major real estate projects and residential detonate Mazatlan
debate.com.mx | Haysiber Bojorquez | Updated: 08/08/2010 10:00:00
|
ADVERTISING Mazatlan, Sinaloa .- A pretty picture for Mazatlan looms next year with investments in real estate developments and residential projects.
The president of the Mexican Association of Real Estate Development (AMPI) in Mazatlan, Ernesto Guzman Garate, announced the construction of a condominium tower called The boardwalk "for after completion of the summer, which would be located next to the Hotel De Cima.
He said that by early 2011 the mega project in the Stone Island will begin with a hospital within 120 hectares of under 2 000, which will feature condominiums and retirement homes.
> Urban growth. Alfredo Reynaga Chicuate, representative of AMPI in Mexico, said that six affordable housing projects are planned for construction and half to the south and north of the city.
"The winter season will be very good, especially because there is enough supply to accommodate this market, either pre-or in new projects to be a magnet for investors."
Guillermo Garcia Coppel, president of Mazatlan's tourist development, said that it is in Grand Gavias delivery phase, while the end of the year will do the same and Escondido Peninsula Towers.
Tortuguitas complex and Paradise Bay Grand advancing in its construction to boost foreign tourism.
> Positive expectations. Garate Guzman also noted that next year will likely end the Mazatlan-Durango highway, coming to detonate the Sinaloa state's economic development.
He explained that the CIP Teacapán in Escuinapa, and shows progress in infrastructure despite the adjustments that were made by the EIA.
"It is the starting signal for the next year, and well placed to Mazatlan in the national focus of the cities that are going to rebound and have a great appeal to Mexican and foreign investors."
> Green light. The leader of the AMPI in the town said there was a lot of attention in the area of La Marina, to materialize the mall with exclusive brands in the following months.
"There are several towers with building permits in hand and ready to go."
-120
ACRES is the first stage of the hospital. <<
-6
Projects are available for housing in 2011. <<
"The key points of development
Investment
It spent 500 million dollars for luxury tourism in Mexico, highlighting for reviving the Riviera Maya, Sinaloa and Baja California.
-Expectation
The AMPI announced several real estate projects which are next door for years.
-Impact
Mazatlán-Durango Highway and Teacapán CIP projects are larger.
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