martes, 15 de febrero de 2011

Mexico Receives 22.4 Million Tourists

Mexico receives 22.4 million tourists


Economy - Sunday, February 13, 2011 (17:28 hrs)

• Consider 2010 as one of the best for the sector
The online Financial
Mexico, February 13 .- Mexico received almost 22 million 400 thousand tourists in 2010, an amount that exceeded those recorded in 2009 and 2008, the year regarded as one of the best for the sector.



The Ministry of Tourism (Tourism Ministry) released the figures at the end of last year, both visitor numbers and spending that they exercised.



He explained that last year the tourists left an economic income of 11 000 871 000 000 853 000 196 U.S. dollars, an amount 5.3 percent higher than in 2009.



The presence of 22 million 400 thousand tourists in 2010, is 4.4 percent higher than that of 2009 and more than 22 million arrived in 2008.



The dependence explained that in 2010 visited the country 12 million 774 thousand 785 tourists in hospital, which means an increase of 8.4 percent over the previous year.



Border tourism in 2010 was an increase of three percent over 2008, although the unit does not detail the total numbers, and the comparison with 2009.



With regard to recreational cruise passengers, an increase of 2010 over 2009 was 10.5 percent, while spending that brought the tourists was 8.9 percent higher.



He recalled that during 2009, a health emergency by the human influenza virus A (H1N1), were suspended numerous arrivals of tourist boats.



The average expenditure of international visitors in 2010, was 13.6 percent higher than in 2009, specifically the comparison between the months of December every two years, is 1.9 percent higher for 2010. (With information from agencies / JOT

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Mexico Safe Country In Economic Matters

Mexico, safe country in economic matters


Economy - Tuesday, February 15, 2011 (05:16 hrs)

•No risk of a relapse
•Provide global enterprises will increase by between 4.5 and 5%•"The Mexican currency is overvalued, there is excess liquidity"•Isabel Becerril

The online Financial
Mexico, February 15 .- Mexico is seen by large international corporations as a safe country in economic sphere, arguing that the government of President Felipe Calderón is taking the right steps to combat drug trafficking and end the insecurity.

The expectation of these firms around the country will close 2011 with a growth of between 4.5 and 5 percent, said in an interview with Hans Kohlsdorf, president of Global Business Executive Council (CEEG).

Considered that in 2012 will continue the growth of the Mexican market, because there will be many infrastructure projects and international financial sector recovered, which will facilitate the financing of the plans of both infrastructure and the development of private investment.

He clarified, however, that Mexico will advance at rates of 8 percent only until clarification of the structural reforms required both (Inland Revenue, labor and energy).

He argued that the nation has no economic risk of relapse. Rather, recovery is possible, although the American Union has had a shaky start.

The U.S. economy not in danger of falling into another crisis, he said, because the Barack Obama has taken the right steps to grow back EU.

Commenting on the level it is the peso against the dollar, Kohlsdorf said Mexican currency is overvalued, as in many other nations.

He explained that the assessment record many world currencies, except for China's yuan, is due to excess liquidity in the markets there.

As interest rates in the U.S. and in Europe are very low, these countries seek other investment options, among which there is a rebound in commodity prices and "sadly in an increase in value of many currencies."

The present value of weight of 12 pesos to the dollar, is not ideal. "I think this country live better with a peg that was located at 13 pesos per dollar."

Investment

In that vein noted that Latin American countries must break the paradigm of a strong currency is better for the economy, and to understand that an equilibrium exchange rate depends on the commercial terms of imports and exports.

He said that private enterprise is better than the federal government to continue with the objectives of the last 15 years to maintain healthy finances and solid, and letting the exchange rate is continue to develop the market.

The groups CEEG 39 companies with annual sales represent 10.5 percent of gross domestic product (GDP) of Mexico; its exports contribute 11.8 percent of those made by the country with investments in assets for more than six billion dollars , and generate over 500 thousand jobs.

Some companies that make up the Council are: American Express, ArcelorMittal, Axa Seguros Banamex-Citigroup, BBVA Bancomer, Ford Motor Company, Natural Gas, General Electric, Iberdrola, Nestle, Procter & Gamble, PepsiCo International, Pfizer, Siemens, Telefónica Móviles, Toshiba and Walmart.

In 2007 and 2008, business investment, another 13 members of CEEG thousand 500 million dollars, and in 2009 pledged to invest in Mexico six thousand 30 million. (With information from El Financiero / APB)
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Nissan Increased Investment in Mexico

Nissan increased investment in Mexico 1 to 9 PREVIOUS


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The automaker aims to overcome its production numbers. (Photo: Reuters)Nissan wants to maintain its record numbers. In order to increase production in Mexico, which last year reached 506.490 units, the automaker estimated to invest about $ 900 million between 2009 and 2013.

The shipowner said in late January that seeks to increase volumes , the new units manufactured in Mexico and introduce the first fully electric car.



The March model , which is already produced at the plant in Aguascalientes , be traded for the second quarter.



There is also the model-yet-identified brand name as L02V, which will be sold in the second half of the year, and the Juke model that will arrive from Japan, and Leaf electric zero-emission, expected for next October.



With information from Notimex



NEXT: GM invests in lithium batteries

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KCSM Will Invest $127.5 Million Dollars in Mexico

KCSM will invest 125.7 million dollars in Mexico


The railway said the resources used for network technology that has concession, the company aims to support Mexico's competitiveness nationally and internationally.

Kansas said that promote five key projects for the railway industry. (Photo: Photos to go)

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MEXICO CITY (Sports Network) - The rail company Kansas City Southern de Mexico announced this year an investment of 125.7 million dollars, which will be used for maintenance, infrastructure, equipment and technology network that has concession.



In this regard, the president and executive representative of the company, José Zozaya , said the company's efforts for this 2011 will aim to develop projects to have better communication networks that allow for growth , in addition to competitive commerce in Mexico so both nationally and internationally.



In a statement, the company announced that in addition to 125.7 million investment, will promote five key projects for the rail industry and that in turn will position Mexico as a highly competitive worldwide.



He explained that these projects will enable the company to better living with the communities where it crosses the network.



The projects include the Terminal Railway on the Island of La Palma Lazaro Cardenas in Michoacan, the Railway Modernization Program in Nuevo Laredo, Tamaulipas; International Railway Bridge in Matamoros, Tamaulipas; Bypass Celaya, Guanajuato and the Bypass Morelia, Michoacan.



He also indicated that begins this year with a new corporate image including logos Potty Kansas City Southern Railway Company (KCSR), Kansas City Southern de Mexico and Panama Canal Railway Company (PCRC) with the slogan "Business Without Borders .

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