2011, encouraging private investment in tourism
Economy - Tuesday, December 7, 2010 (14:03 hrs)
It is expected that the resources of the IP in the sector are of two thousand 300 million dollars in 2010, said Pablo Azcarraga (Photo: Gretta Hernandez)
The online Financial
Mexico, December 7 .- To the end of 2010 private investment in tourism is estimated to be approximately two thousand 300 million dollars, about half of the more than four billion dollars recorded in 2008, said Pablo Azcarraga , chairman of the Tourism Enterprise National Council.
According to the executive for next year the outlook is encouraging, so the figure is expected to rise. He explained that the federation is working with the Ministry of Tourism for the creation of a National Agreement on Tourism, and achieved in early 2011, private investment in the sector could add about 20 billion dollars over the next five years.
He explained that due to the last global economic crisis, and the image of insecurity in our country in the world, foreign investment declined from 48 percent of capital raised in 2008 to 12 percent in 2010. He stressed that the national capital has always been the most representative.
On the other hand, said that the main points raised in the National Agreement highlights the need to improve the national image abroad, opening new markets, creating a distinctive identity for each of the Mexican destinations, and create mechanisms to be generated more and better investment in tourism.
On the other hand, felt that the image of insecurity has caused a decline of 30 percent in hotel occupancy in destinations located north of the country as Cuiudad Juarez, Nuevo Laredo and Monterrey, sites are commonly visited by business travelers.
Although there are no reported closures of property belonging to hotel chains, did not rule that have worked in small establishments. Also, he said, hoteliers are facing the average rate stands at approximately 25 percent below that recorded in 2008 nationwide.
Highlighting the competitiveness and ended by saying that if all the representatives of industry, both private and government, they walk toward a single goal can achieve the goal that by 2020, Mexico received 55 million tourists and generate 1.5 million additional jobs in the industry. (With information from Finsat / MCH)
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miércoles, 8 de diciembre de 2010
Company Rubenius Invest Four Thousand Million Dollars In Mexico
Rubenius invest four thousand million dollars in Mexico
Economy - Wednesday, December 8, 2010 (14:47 hrs)
Calderón reported that the company will implement the energy bank
(Photo: File)
The online Financial
Cancun, Dec. 8 .- President Felipe Calderon said the company Rubenius invest four billion dollars in Mexico, to be exercised within seven years and help implement the bank's largest power in the world, which is located in Mexicali, Baja California.
As part of the 16 Conference of the Parties to the Framework Convention on Climate Change (COP16) was released Rubenius the company, based in Dubai, UAE, install and operate a system storage and regulation of energy produced in a sustainable manner. (With information from
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Economy - Wednesday, December 8, 2010 (14:47 hrs)
Calderón reported that the company will implement the energy bank
(Photo: File)
The online Financial
Cancun, Dec. 8 .- President Felipe Calderon said the company Rubenius invest four billion dollars in Mexico, to be exercised within seven years and help implement the bank's largest power in the world, which is located in Mexicali, Baja California.
As part of the 16 Conference of the Parties to the Framework Convention on Climate Change (COP16) was released Rubenius the company, based in Dubai, UAE, install and operate a system storage and regulation of energy produced in a sustainable manner. (With information from
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Mexican Company Bimbo Will Buy Wind Power From Spanish Developer
Bimbo will buy wind power in Oaxaca
Business - Friday, December 3, 2010 (04:53 hrs)
Be clean, 100% of its consumption in the country
The online Financial
Mexico, Dec. 3 .- Grupo Bimbo buy power from a Spanish developer to build a wind farm in Oaxaca, mining companies are planning similar projects and the Commission Federal de Electricidad (CFE) will install two wind corridors in the same state, thereby Mexico will continue to progress in meeting the goal to generate two thousand 500 megawatts (MW) of wind energy in 2012.
Energy Secretary Georgina Kessel Martinez, ensured that the current administration is closer to the goal of producing two thousand 500 Mw wind at the end of six years and that 26 percent of the installed capacity of energy comes from clean energy (solar, geothermal , wind, nuclear, biomass and large hydro).
Under the notice on the commencement of construction of the wind farm Piedra Larga, which will supply 100 percent of the energy requirements of Grupo Bimbo in the country for 18 years since the end of 2011, the official said in Mexico occurs quiet revolution, as "great things are happening" around the main energy input is the wind.
He stressed that according to the World Wind Energy Association, Mexico farm sector grew the fastest in the world last year and recalled that ten years ago almost no wind energy produced at present installed capacity exceeds 500 Mw.
He said projects in the portfolio of mining companies to reduce their consumption of electricity, two projects approved for CFE of 300 MW each, and other plans, "we can approach the six-year end target."
Daniel Servitje, CEO of Grupo Bimbo, said Long Stone, the largest wind farm in the food industry, will supply the power consumption of half of its operations worldwide and total in Mexico.
The installed power plant is 90 MW at an early stage, with a maximum of 227 Mw. The park, which will be installed in Oaxaca, will supply the power consumption of 65 facilities in Mexico (production plants and other centers of operation) Bimbo, Grupo Calidra, Papalote Museo del Niño and Frialsa Refrigerators.
Investment
The park will be developed by the Mexican Wind Development Company, Energy Renovalia Spanish group, which managed a syndicated loan to Nacional Financiera structured with a group of banks, for $ 160 million 16. The total investment is 200 million dollars. Renovalia Energy will invest 200 million dollars in the project.
The main employer of the baking company in Mexico and Latin America noted that the contract to purchase wind power for 18 years, reflects the group's commitment to reduce the environmental footprint, noting that the project will avoid the use of 600 000 barrels of oil a year used for the generation of electricity, equivalent to stop release to the environment 250 thousand tons of carbon dioxide a year.
The director of Nacional Financiera, Hector Rangel Domene said that the signing of the syndicated loan for the development of wind project, the development bank fulfills its mission to contribute to energy efficiency, noting that to date has funded two projects farms in Mexico. (With information from El Financiero / Esther Arzate / APB)
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Business - Friday, December 3, 2010 (04:53 hrs)
Be clean, 100% of its consumption in the country
The online Financial
Mexico, Dec. 3 .- Grupo Bimbo buy power from a Spanish developer to build a wind farm in Oaxaca, mining companies are planning similar projects and the Commission Federal de Electricidad (CFE) will install two wind corridors in the same state, thereby Mexico will continue to progress in meeting the goal to generate two thousand 500 megawatts (MW) of wind energy in 2012.
Energy Secretary Georgina Kessel Martinez, ensured that the current administration is closer to the goal of producing two thousand 500 Mw wind at the end of six years and that 26 percent of the installed capacity of energy comes from clean energy (solar, geothermal , wind, nuclear, biomass and large hydro).
Under the notice on the commencement of construction of the wind farm Piedra Larga, which will supply 100 percent of the energy requirements of Grupo Bimbo in the country for 18 years since the end of 2011, the official said in Mexico occurs quiet revolution, as "great things are happening" around the main energy input is the wind.
He stressed that according to the World Wind Energy Association, Mexico farm sector grew the fastest in the world last year and recalled that ten years ago almost no wind energy produced at present installed capacity exceeds 500 Mw.
He said projects in the portfolio of mining companies to reduce their consumption of electricity, two projects approved for CFE of 300 MW each, and other plans, "we can approach the six-year end target."
Daniel Servitje, CEO of Grupo Bimbo, said Long Stone, the largest wind farm in the food industry, will supply the power consumption of half of its operations worldwide and total in Mexico.
The installed power plant is 90 MW at an early stage, with a maximum of 227 Mw. The park, which will be installed in Oaxaca, will supply the power consumption of 65 facilities in Mexico (production plants and other centers of operation) Bimbo, Grupo Calidra, Papalote Museo del Niño and Frialsa Refrigerators.
Investment
The park will be developed by the Mexican Wind Development Company, Energy Renovalia Spanish group, which managed a syndicated loan to Nacional Financiera structured with a group of banks, for $ 160 million 16. The total investment is 200 million dollars. Renovalia Energy will invest 200 million dollars in the project.
The main employer of the baking company in Mexico and Latin America noted that the contract to purchase wind power for 18 years, reflects the group's commitment to reduce the environmental footprint, noting that the project will avoid the use of 600 000 barrels of oil a year used for the generation of electricity, equivalent to stop release to the environment 250 thousand tons of carbon dioxide a year.
The director of Nacional Financiera, Hector Rangel Domene said that the signing of the syndicated loan for the development of wind project, the development bank fulfills its mission to contribute to energy efficiency, noting that to date has funded two projects farms in Mexico. (With information from El Financiero / Esther Arzate / APB)
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Mexican Company Mase Plans to Create a Wind Energy Park in Mexico
Mase plans to create a wind energy park in SLP
Business - Friday, December 3, 2010 (10:37 hrs)
Serious in the municipalities of Villa de Reyes Fourteen and
The online Financial
Mexico, Dec. 3 .- Mase Energy, construction of wind power generators from wind, looks to build one of these complexes in the highlands of San Luis, particularly in the municipalities of Villa de Reyes and Fourteen.
The park would operate by 2013, in an area of 90 acres owned by Mase Energy and generate 30 megawatts through 12 turbines, explained Sergio Martinez, general director of the company 100 percent Mexican.
The executive said the project will cost in the first stage 50 million and 50 million in a second phase, which would double the electricity generation capacity.
These resources would come in 50 percent of private and other funds of the European Union (EU), previously labeled for this purpose, so that the project has a "complete certainty."
"In fact, we are talking about could be up to $ 150 million. 50 million for the first 30 megawatts, 50 million more for another 30 megawatts and 150 million to reach more than a hundred megawatts," he said.
Energy Mase's interest to be established in San Luis Potosi is because this entity, along with Zacatecas, forms the third region with the highest national potential for wind power generation.
"The state has great potential. The Altiplano is a very apt for generation. Our satellite studies indicate that this region can generate up to 500 megawatts from wind, another 700 megawatts in Tamaulipas and two thousand more in Oaxaca."
Sergio Martinez said his company's work takes place with the state government to finalize the project go very "advanced", so it is possible that starting in January 2011 the first studies on the ground to determine the precise location where to install the park .
He also said that the energy produced in the complex would be used to meet all energy demand from the government of San Luis and the rest is sold to the Federal Electricity Commission (CFE), to bid for private consumers.
"We support the government, but nothing ventured, we want to support us anyway to give power to private companies."
The manager said the reason why the park would begin operations until 2013 is due to the length of study, to avoid running the risk of miscarry.
"We are talking about are studies that take one to one and a half. First you have to confirm on-site wind power, conduct studies of where and what guidance should be installed turbines and all that takes time.
"It will undermine the project, because in this case external financing is totally private, and we want to generate savings to the government and if it pulls back, We're taking out to provide energy to private companies." (With information from Nicholas Lucas / AYV)
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Business - Friday, December 3, 2010 (10:37 hrs)
Serious in the municipalities of Villa de Reyes Fourteen and
The online Financial
Mexico, Dec. 3 .- Mase Energy, construction of wind power generators from wind, looks to build one of these complexes in the highlands of San Luis, particularly in the municipalities of Villa de Reyes and Fourteen.
The park would operate by 2013, in an area of 90 acres owned by Mase Energy and generate 30 megawatts through 12 turbines, explained Sergio Martinez, general director of the company 100 percent Mexican.
The executive said the project will cost in the first stage 50 million and 50 million in a second phase, which would double the electricity generation capacity.
These resources would come in 50 percent of private and other funds of the European Union (EU), previously labeled for this purpose, so that the project has a "complete certainty."
"In fact, we are talking about could be up to $ 150 million. 50 million for the first 30 megawatts, 50 million more for another 30 megawatts and 150 million to reach more than a hundred megawatts," he said.
Energy Mase's interest to be established in San Luis Potosi is because this entity, along with Zacatecas, forms the third region with the highest national potential for wind power generation.
"The state has great potential. The Altiplano is a very apt for generation. Our satellite studies indicate that this region can generate up to 500 megawatts from wind, another 700 megawatts in Tamaulipas and two thousand more in Oaxaca."
Sergio Martinez said his company's work takes place with the state government to finalize the project go very "advanced", so it is possible that starting in January 2011 the first studies on the ground to determine the precise location where to install the park .
He also said that the energy produced in the complex would be used to meet all energy demand from the government of San Luis and the rest is sold to the Federal Electricity Commission (CFE), to bid for private consumers.
"We support the government, but nothing ventured, we want to support us anyway to give power to private companies."
The manager said the reason why the park would begin operations until 2013 is due to the length of study, to avoid running the risk of miscarry.
"We are talking about are studies that take one to one and a half. First you have to confirm on-site wind power, conduct studies of where and what guidance should be installed turbines and all that takes time.
"It will undermine the project, because in this case external financing is totally private, and we want to generate savings to the government and if it pulls back, We're taking out to provide energy to private companies." (With information from Nicholas Lucas / AYV)
www.tibesarealty.com.mx
www.tibesarealty.com.mx/wordpress/
Spanish Company Iberdrola To Invest $400 Million Dollars in Mexico
Iberdrola to invest 400 million dollars in Mexico
Business - Tuesday, December 7, 2010 (15:14 hrs)
The measure is part of the company's strategic plan for 2011 and 2012
The online Financial
Madrid, Dec. 7 .- The Spanish power company Iberdrola plans to invest 400 million dollars in Mexico between 2011 and 2012, said Tuesday the energy group at a meeting in Cancun of its CEO, Ignacio Galán, and Mexican President , Felipe Calderón.
These investments are part of Iberdrola's strategic plan until 2012, which seeks greater internationalization of their business, which will involve investments in Latin America of 1,700 million dollars during the period 2010-2012, said Tuesday in a press release.
Iberdrola has about 770 employees in Mexico, where it has an installed capacity of over 5,000 megawatts (MW), mainly in combined cycle gas.
Renewable energy, it will go much of the group's growth in Mexico through its subsidiary Iberdrola Renovables, has 80 MW operating wind farms and is building another park of 103 MW. (With information from Reuters / MCH)
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Business - Tuesday, December 7, 2010 (15:14 hrs)
The measure is part of the company's strategic plan for 2011 and 2012
The online Financial
Madrid, Dec. 7 .- The Spanish power company Iberdrola plans to invest 400 million dollars in Mexico between 2011 and 2012, said Tuesday the energy group at a meeting in Cancun of its CEO, Ignacio Galán, and Mexican President , Felipe Calderón.
These investments are part of Iberdrola's strategic plan until 2012, which seeks greater internationalization of their business, which will involve investments in Latin America of 1,700 million dollars during the period 2010-2012, said Tuesday in a press release.
Iberdrola has about 770 employees in Mexico, where it has an installed capacity of over 5,000 megawatts (MW), mainly in combined cycle gas.
Renewable energy, it will go much of the group's growth in Mexico through its subsidiary Iberdrola Renovables, has 80 MW operating wind farms and is building another park of 103 MW. (With information from Reuters / MCH)
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Mr. Bruno Ferrari Announces Investment $6.2 Billion Dollars For Mexico
Ferrari announces investment by 6.2 billion dollars for Mexico
Economy - Wednesday, December 8, 2010 (19:48 hrs)
It will consolidate the country as a giant in the fight against climate change, says
(Photo: File)
The online Financial
Cancun, December 8 - The Minister of Economy, Bruno Ferrari, announced investments of over six thousand 200 million dollars to Mexico after negotiations and meetings carried out under Green Solutions Forum which concluded Wednesday.
At the conclusion of the forum, which took place as part of the side events at COP-16, Ferrari Garcia de Alba said that confirmed these investments, mainly foreign, to be carried out in Mexico in the coming years.
This amount of investment will be allocated to projects ranging from building a manufacturing plant of insulators in Monterrey, Nuevo León, to the development of wind farms in La Ventosa, Oaxaca, raised.
The federal official explained that within this investment have been four billion dollars from the company Rubenius, originating in the United Arab Emirates and which President Felipe Calderon spoke and in due course.
Added to this are business agreements and to make investments for more than two thousand 200 million dollars that had been brewing before or that were generated under this alternative forum to the COP16, "and that is great news for Mexico and the world" .
"For Mexico because we continue to attract investment and generate jobs for Mexicans and these businesses because we step forward to become a green economy," he explained.
Bruno Ferrari abounded that the world is important "because such capital starts with a way to consolidate the country as a giant in the fight against climate change."
On the crusade at all levels to curb climate change, the federal official said the only way to drive change lies in the joint work of civil society, private enterprise and governments.
The head of the Ministry of Economy said that "there is no other way to defeat climate change, Green Solutions has a business focus precisely because we want to join the effort of the productive sector in this task."
Therefore urged to concrete solutions to building a strong economy and a sustainable planet, case in which governments should increase support for research and development to encourage innovation and promote sustainable production schemes.
He stressed that the Mexican authorities are determined to exploit their enormous potential to generate renewable energy and green building industry.
"We know that a country is competitive if and only if, it generates economic growth without sacrificing natural resources for future generations and future production capacity," he said.
For the Mexican official, a key factor, in addition to the incorporation of mechanisms, processes and standards for environmental management to go that will be that consumers change their habits to take advantage of natural resources responsibly.
Ultimately, he said, the demand for goods and services is the greatest power that citizens around the world have as consumers to push for change in the production schemes, a change that is oriented towards a green economy.
"The important thing is that we take seriously the responsibility imposed on us by history. No one is exempt from participation in the climate change solution, which is everyone's problem requiring a shared solution, "said Bruno Ferrari, who said Green Solutions Forum achieved its objectives successfully. (With information from agencies / TPC)
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Economy - Wednesday, December 8, 2010 (19:48 hrs)
It will consolidate the country as a giant in the fight against climate change, says
(Photo: File)
The online Financial
Cancun, December 8 - The Minister of Economy, Bruno Ferrari, announced investments of over six thousand 200 million dollars to Mexico after negotiations and meetings carried out under Green Solutions Forum which concluded Wednesday.
At the conclusion of the forum, which took place as part of the side events at COP-16, Ferrari Garcia de Alba said that confirmed these investments, mainly foreign, to be carried out in Mexico in the coming years.
This amount of investment will be allocated to projects ranging from building a manufacturing plant of insulators in Monterrey, Nuevo León, to the development of wind farms in La Ventosa, Oaxaca, raised.
The federal official explained that within this investment have been four billion dollars from the company Rubenius, originating in the United Arab Emirates and which President Felipe Calderon spoke and in due course.
Added to this are business agreements and to make investments for more than two thousand 200 million dollars that had been brewing before or that were generated under this alternative forum to the COP16, "and that is great news for Mexico and the world" .
"For Mexico because we continue to attract investment and generate jobs for Mexicans and these businesses because we step forward to become a green economy," he explained.
Bruno Ferrari abounded that the world is important "because such capital starts with a way to consolidate the country as a giant in the fight against climate change."
On the crusade at all levels to curb climate change, the federal official said the only way to drive change lies in the joint work of civil society, private enterprise and governments.
The head of the Ministry of Economy said that "there is no other way to defeat climate change, Green Solutions has a business focus precisely because we want to join the effort of the productive sector in this task."
Therefore urged to concrete solutions to building a strong economy and a sustainable planet, case in which governments should increase support for research and development to encourage innovation and promote sustainable production schemes.
He stressed that the Mexican authorities are determined to exploit their enormous potential to generate renewable energy and green building industry.
"We know that a country is competitive if and only if, it generates economic growth without sacrificing natural resources for future generations and future production capacity," he said.
For the Mexican official, a key factor, in addition to the incorporation of mechanisms, processes and standards for environmental management to go that will be that consumers change their habits to take advantage of natural resources responsibly.
Ultimately, he said, the demand for goods and services is the greatest power that citizens around the world have as consumers to push for change in the production schemes, a change that is oriented towards a green economy.
"The important thing is that we take seriously the responsibility imposed on us by history. No one is exempt from participation in the climate change solution, which is everyone's problem requiring a shared solution, "said Bruno Ferrari, who said Green Solutions Forum achieved its objectives successfully. (With information from agencies / TPC)
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www.tibesarealty.com.mx/wordpress/
The Spanis Hotel Chain Iberostar Resorts Will Build Residencial Beach Resort in Mexico
Iberostar will build residential beach resorts
28/11/2010 13:01
The Spanish hotel chain Iberostar Resorts will launch a new real estate division Iberostate, which will begin in Mexico a new fractional ownership scheme to purchase homes and condos in Playa Paraiso in the Riviera Maya, and Litibu, in the Riviera Nayarit.
The company will invest $200 million dollars in total during the years 2011 and 2012.
Yahaira Gavidia, Public Relations representative of Iberostar, said houses and condos in Playa Paraiso are already under construction and will be ready in 2011.
For real estate tourism development in the Riviera Nayarit will begin sales and construction will begin next January, she said.
Villas and condos offered by Iberostate can be acquired through outright purchase of the property or under a fractional ownership scheme.
Gavidia clarified that is not a timeshare scheme, but theway they operate is through the creation of a trust to deliver to customers their own property title.
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28/11/2010 13:01
The Spanish hotel chain Iberostar Resorts will launch a new real estate division Iberostate, which will begin in Mexico a new fractional ownership scheme to purchase homes and condos in Playa Paraiso in the Riviera Maya, and Litibu, in the Riviera Nayarit.
The company will invest $200 million dollars in total during the years 2011 and 2012.
Yahaira Gavidia, Public Relations representative of Iberostar, said houses and condos in Playa Paraiso are already under construction and will be ready in 2011.
For real estate tourism development in the Riviera Nayarit will begin sales and construction will begin next January, she said.
Villas and condos offered by Iberostate can be acquired through outright purchase of the property or under a fractional ownership scheme.
Gavidia clarified that is not a timeshare scheme, but theway they operate is through the creation of a trust to deliver to customers their own property title.
www.tibesarealty.com.mx
www.tibesarealty.com.mx/wordpress/
The Housing Demand Recovers in Mexico
The housing demand recovers in Mexico
21/11/2010 13:15
Mexico. The best conditions were beginning to reflect in moderate upturn in house prices.
From January to September 2010 house prices rose 5.5% over the same period last year and particularly during the third quarter reported a nominal variation of 7.4%, informed the Federal Mortgage Society (SHF).
According to an analysis of the Mexican Business Web Mexico's financial stability, low mortgage cost during 2010, the recovery of employment and consumer confidence have led to improve living demand conditions, which is reflected at a moderate recovery in prices.
Not only the higher price of housing is a reflection of increased demand, the market also is turning to higher cost housing.
Based on its 'SHF Index ', the agency found that 'the collateral value of mortgage loans in the first 9 months of the year presented an appreciation in all states of the country and the market was directed towards higher-priced housing.'
The same institution pointed out that 'growth shown according to the general economic conditions, formal employment continued to trend upward and financial conditions remained stable.'
www.tibesarealty.com.mx
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21/11/2010 13:15
Mexico. The best conditions were beginning to reflect in moderate upturn in house prices.
From January to September 2010 house prices rose 5.5% over the same period last year and particularly during the third quarter reported a nominal variation of 7.4%, informed the Federal Mortgage Society (SHF).
According to an analysis of the Mexican Business Web Mexico's financial stability, low mortgage cost during 2010, the recovery of employment and consumer confidence have led to improve living demand conditions, which is reflected at a moderate recovery in prices.
Not only the higher price of housing is a reflection of increased demand, the market also is turning to higher cost housing.
Based on its 'SHF Index ', the agency found that 'the collateral value of mortgage loans in the first 9 months of the year presented an appreciation in all states of the country and the market was directed towards higher-priced housing.'
The same institution pointed out that 'growth shown according to the general economic conditions, formal employment continued to trend upward and financial conditions remained stable.'
www.tibesarealty.com.mx
www.tibesarealty.com.mx/wordpress/
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