Queretaro Mexico Investment Catapult

Querétaro, investment catapult

25/10/2010 14:05

Mexico. During the third quarter of global investments were implemented for 80 million dollars in the Queretaro Industrial Park (PIQ), thanks to the installation of 4 expansions and the arrival of 3 companies.

The general director of the PIQ, Abel Baca Atala, said that new tenants are Korean companies and Dr Enc Prima Tech, specializing in metal stampings, and the Canadian Windsor Mold, a manufacturer of plastic injection molds and die casting.

Companies are expanding their facilities Mew Korean Motech, Ronal, the Swiss capital, Embossed Queretaro, capital of Canada and Samsung, which will open a production line.

Atala Baca explained that Samsung bought this new expansion in the PIQ 36.363 meters square, which has a total of 58.951 meters square of land reserves. (El Financiero)

The Real Estate-Tourist Industry Will Recover Sales in 2011 in Mexico, The Market Value of this Sector is of $3 ' 600 Billion Dollars But is Expected that by Year's and Reach $5 Billion Dollars.

The real estate-tourist industry will recover sales in 2011

07/09/2010 09:20



Mexican property market experienced stagnation in their business by having a slight increase of 1% in the first half of 2010, compared with the same period of 2009.

Juan Ignacio Rodríguez, VP of Business Development for Mexico and Central America of the RCI tourism firm, said there are signs showing that the sector already hit bottom in the crisis and begin to show a recovery.

During the launch of the 5th edition of Luxury Markets Symposium, the manager indicated that where it does exists is in investment growth, and that for this year an amount of $500 million is expected while in 2009 was less than $250 million dollars.

Due to the conditions pointed by the sector it is expected that the touristic housing supply attract a large volume of buyers during 2011 and thus initiated the revival of the acquisition of such goods.

Destinations that will attract more resources, both domestic and foreign, will be the Riviera Maya, Quintana Roo, Los Cabos, Baja California Sur, Baja California Norte and Sinaloa.

Currently, the market value of this sector is of $3,600 billion dollars, but is expected that by year's end reach $5 billion dollars.

On a possible effect on the climate of violence experienced, Ignacio Rodriguez said 'we know we have a security problem, but is very focused on non-tourist areas.

Mexico, a Favorite of Multinationals

Mexico, a favorite of multinationals
The country remains one of the favorite destinations for foreign investors, lower turnover and better qualified engineers are the benefits they receive from Mexico.


The automotive, retail, aerospace, electronics and renewable energies are the most dynamic for investment. (Photo: AP file)
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Special
100 Multinational 2010 By: Andrea Vega Valerio
The objective was clear and pointed. As part of their daily work to locate potential investment companies in the country, ProMéxico had identified a good candidate: a German company dedicated to making auto partsWhich, although produced in Mexico since 2007, focused its operations at a plant in China.

Offices Germany China and the agency responsible for coordinating and implementing the strategy for attract foreign investment (FDI) had exchanged information and were aware of the misfortunes of the company in China.

Then came the business case design, coordinated by ProMéxico headquarters, to convince Label to migrate its Chinese plant to a Mexican state.

The result was successful and for three months Guanajuato can presume that it robbed the great Asian threat factory whose investment was around $ 500 million (MDD) and will generate 1,200 jobs.

The reasons why the company took the decision, said Luis Oliva, head of the Investment Promotion Unit and International Business ProMéxico are summarized as follows: "In Mexico there is less turnover and our engineers are better qualified."

Mexico has improved business facilities. According to Doing Business 2010, the World Bank, Won four positions this year to reach the site 51 out of 183 countries.

Culiacán and Monterrey are the cities with less red tape for starting a business, According to Rodrigo Gallegos, project director of the Mexican Institute for Competitivead (IMCO).

Beyond what is reflected in the numbers and polls, analysts in Mexico are several advantages for multinationals. The main one is its geographical position.

Send a product by sea from Mexico New York takes five days, Gallegos mentioned, while in China to New York takes 32, and from Brazil, 15.

They are also a wide lead of 12 FTAs Mexico has signed and macroeconomic stability.

No wonder then that the study 'Foreign Direct Investment in Mexico, is your safe investment? ", Conducted by the American Chamber, point out that in 2010 foreign direct investment in the country will add between 19.000 and 22.000 MDD.

The most dynamic sectors in investment will retail, Automotive, aerospace, e and energy renewable.

But multinational companies have several concerns when arriving in Mexico. Insecurity is a major. "This matter is being viewed with caution, especially in the case of the U.S. border area," says Hans Kohlsdorf, president of Global Business Executive Council.

The second point of nervousness is the fiscal and administrative simplification, and the lack of dynamism domestic market. Omar Salgado, a professor and researcher at the Business School of the Tecnológico de Monterrey, Campus Estado de Mexico, said: "Other competing countries like China Brazil and domestic markets are more dynamic. "

The other challenges are modernize more procedures to open businesses and improve customs operation border. If these slopes are resolved, you can compete with those who take away from Mexico investment opportunitiesBrazil, China, Russia, India.

Mazatlan Mexico Beachfront homes

The Group Headed By The Elman Family Prepares

The group headed by the Elman family prepares
Writer Real eStrategy 2 Commercial RE News, And Corporate Offices October 17, 2010 Another operation that is cooked, just in real estate, is the E. Developments This is the powerful group of Moses Elman. It was learned that the employer is putting together a package of properties placed on the Bolsa Mexicana de Valores. Not yet known if the famous resort CKDs or to a fiber, but what transpired is that it will include a number of assets. Elman has Tultitlán wineries and shopping centers in Cancun and the Central de Abasto in Mexico City. Samara is the building owner of Santa Fe, the second phase and Arcos Bosques Paseo Interlomas associated with Elijah and Joseph GICSA Cababie and Latino Film Project with Alberto Saba Raffoul. It seems that Elman's financial advisor is to protect, the investment bank owned by Pedro Aspe.