Mexico presents 100 infrastructure projects in China
01/09/2010 11:00
Shanghai, China, August 3rd, 2010. The government of Mexico presented in the Shanghai Expo pavilion 100 infrastructure projects to be tendered between this year and 2011, investing more than 50 billion dollars in order to attract foreign investment to develop projects of the National Infrastructure Plan 2007-2012.
The plan, created to impulse construction has attracted between 40 and 45% of planned investment, so there is still more than half of the program to the rest of the Administration, with 75% of public funding and 25% that must come from private capital.
Chinese firms can participate in more than 70 infrastructure projects that are in the bidding process in Mexico, among which some outstand such as the so-called 'Southern Arc' of highways around the capital city, with a length of 235 kilometers.
They are also attractive the future aqueduct Falcon-Matamoros, with 260 kilometers to carry water to several cities in northern Mexico, in the U.S. border, and the creation of a combined cycle power plant of 585 megawatts, among others.
'Chinese companies (builders and promoters of industry) have made very substantial investments and have a very extensive experience in infrastructure development,' said to EFE Alonso Garcia Tames, General Director of Banobras (National Bank of Works and Utilities).
domingo, 31 de octubre de 2010
Investment In Water Infrastructure Doubles
Investment in water infrastructure doubles
28/10/2010 23:44
Mexico. In the last four years were spent, per year, $21’103,000 pesos which means a record number in the application of resources.
In particular the general director of the National Water Commission (Conagua), Jose Luis Luege Tamargo said that during 2010 it will invest $24,032 billion pesos, amounts that exceeds the $10,485 billion pesos invested in the last six years as annual average, but acknowledged that more resources are needed.
The total of the resources in question represent about half of total investment, which get to be duplicates with the participation of private sector investment, 'so it is important to involve businessmen,' he said in the Infrastructure Congress and Expo 2010.
The current investment is to supply 108 million people who need drinking water, drains and sewers, although this is a record of capital to the sector, to cover the total backlog of needs.
Only 8% of the resources comprising the 2007-2012 National Infrastructure Plan are earmarked for water infrastructure development.
Luege Tamargo said this sector faces three major problems: the overexploitation of aquifers, pollution of all types of water bodies, along with 'anarchy' in the growth of rural and urban populations.
Infrastructure
28/10/2010 23:44
Mexico. In the last four years were spent, per year, $21’103,000 pesos which means a record number in the application of resources.
In particular the general director of the National Water Commission (Conagua), Jose Luis Luege Tamargo said that during 2010 it will invest $24,032 billion pesos, amounts that exceeds the $10,485 billion pesos invested in the last six years as annual average, but acknowledged that more resources are needed.
The total of the resources in question represent about half of total investment, which get to be duplicates with the participation of private sector investment, 'so it is important to involve businessmen,' he said in the Infrastructure Congress and Expo 2010.
The current investment is to supply 108 million people who need drinking water, drains and sewers, although this is a record of capital to the sector, to cover the total backlog of needs.
Only 8% of the resources comprising the 2007-2012 National Infrastructure Plan are earmarked for water infrastructure development.
Luege Tamargo said this sector faces three major problems: the overexploitation of aquifers, pollution of all types of water bodies, along with 'anarchy' in the growth of rural and urban populations.
Infrastructure
viernes, 29 de octubre de 2010
Mexico Announced that in 2011 The Hydroelectric Project La Parolta Begining the Development Will Involve an Investment of Nearly $900 Million Dollars
La Parota will be bid in 2011
22/10/2010 00:00
Mexico. The Federal Electricity Commission (CFE) announced that in 2011 the hydroelectric project La Parota, located in Acapulco, Guerrero, with a capacity of 700 megawatts will be tender, the development will involve an investment of nearly $900 million dollars.
Alfredo Elias Ayub, director of this agency, said this project is a priority for the CFE, which was built by the Expenditure Budget of the Federation 2011, and once it is approved in final form might initiated the work of the tender.
He explained that all infrastructure projects have an authorization from Congress to carry them out for 3 years and in the case of hydroelectric La Parota this term ended in 2010, but now is reinstated to the budget of the CFE.
The CFE project is that construction is carried out under the scheme of financed public works, where the winner of the project should get the necessary funding to complete it, once the work is finished it is delivered to the agency and comes to international capital market to find the resources to pay for the developed infrastructure.
The hydroelectric dam is located nearly 40 kilometers from the area called Acapulco Diamante, will address the energy needs of the coastal region and support the resolution of other public service issues.
22/10/2010 00:00
Mexico. The Federal Electricity Commission (CFE) announced that in 2011 the hydroelectric project La Parota, located in Acapulco, Guerrero, with a capacity of 700 megawatts will be tender, the development will involve an investment of nearly $900 million dollars.
Alfredo Elias Ayub, director of this agency, said this project is a priority for the CFE, which was built by the Expenditure Budget of the Federation 2011, and once it is approved in final form might initiated the work of the tender.
He explained that all infrastructure projects have an authorization from Congress to carry them out for 3 years and in the case of hydroelectric La Parota this term ended in 2010, but now is reinstated to the budget of the CFE.
The CFE project is that construction is carried out under the scheme of financed public works, where the winner of the project should get the necessary funding to complete it, once the work is finished it is delivered to the agency and comes to international capital market to find the resources to pay for the developed infrastructure.
The hydroelectric dam is located nearly 40 kilometers from the area called Acapulco Diamante, will address the energy needs of the coastal region and support the resolution of other public service issues.
Carso Group Seeks For Gold Carlos Slim In Chihuahua Mexico
Carso seeks for gold in Chihuahua
26/10/2010 20:51
Mexico. The chairman of Grupo Carso, Carlos Slim, announced an investment of $4.500 billion pesos into two mining funds in Chihuahua to extract gold and various metals.
Through a statement, the governor of Cesar Duarte Jaquez reported that the investment announced by the business group could generate about 4,000 jobs.
One of the mining funds located in San Francisco del Oro, which aims to create 2,500 direct jobs and achieve the extraction of more than 10,000 tons per day of minerals; while in the Concheño Mine, near the Basaseachi Waterfall, is expected to create at least 1,500 jobs.
Currently, the mining sector Grupo Carso has assets in Colonel, Asientos, San Francisco del Oro, Minera Maria, San Felipe and Tayahua; mines which extract gold, silver, copper, lead and zinc.
26/10/2010 20:51
Mexico. The chairman of Grupo Carso, Carlos Slim, announced an investment of $4.500 billion pesos into two mining funds in Chihuahua to extract gold and various metals.
Through a statement, the governor of Cesar Duarte Jaquez reported that the investment announced by the business group could generate about 4,000 jobs.
One of the mining funds located in San Francisco del Oro, which aims to create 2,500 direct jobs and achieve the extraction of more than 10,000 tons per day of minerals; while in the Concheño Mine, near the Basaseachi Waterfall, is expected to create at least 1,500 jobs.
Currently, the mining sector Grupo Carso has assets in Colonel, Asientos, San Francisco del Oro, Minera Maria, San Felipe and Tayahua; mines which extract gold, silver, copper, lead and zinc.
Kuosol Will Open Opportunities In Mexico To Production Of Bio-Energy
Kuosol will open opportunities in Mexico
28/10/2010 23:26
Mexico. Kuo Group will join Repsol to form a new company called Kuosol, which is devoted to the cultivation of jatropha and the production of bio-energy.
In a statement sent to the Mexican Stock Exchange (BMV), Kuo Group reports that Kuosol, formed in Mexico with a 50% share for each group will require an initial investment of $15 million dollars and $80 million by 2014.
The new company plans that agronomic development would be completed in the next three years, in order that Kuosol industrial units are implement by 2013 and working at full capacity in 2016.
It is estimated that Kuosol will generate over 400 direct jobs and nearly two thousand temporary.
The industrial conglomerate explains that the new company headquarters will be in Mexico and will range from the agricultural operation to the industrial installation for the use of biomass plantations of jatropha curcas, a bush very resistant to get fuel.
States
28/10/2010 23:26
Mexico. Kuo Group will join Repsol to form a new company called Kuosol, which is devoted to the cultivation of jatropha and the production of bio-energy.
In a statement sent to the Mexican Stock Exchange (BMV), Kuo Group reports that Kuosol, formed in Mexico with a 50% share for each group will require an initial investment of $15 million dollars and $80 million by 2014.
The new company plans that agronomic development would be completed in the next three years, in order that Kuosol industrial units are implement by 2013 and working at full capacity in 2016.
It is estimated that Kuosol will generate over 400 direct jobs and nearly two thousand temporary.
The industrial conglomerate explains that the new company headquarters will be in Mexico and will range from the agricultural operation to the industrial installation for the use of biomass plantations of jatropha curcas, a bush very resistant to get fuel.
States
Chinese Mining Company Will Invest $150 Million Dollars in Mexico
Chinese mining companies will invest $150 million dollars in Mexico
19/10/2010 02:08
Mexico. Seven mining companies with Chinese capital will invest $150 million dollars in the exploration of iron, copper, gold, silver and manganese, in Mexico during 2011 since it is consider an attractive territory for Asian capital.
The general director of Mining Promotion of the Secretariat of Economy, Jesus Martin del Campo, said the firm Jinchuan Group is already building in northern Mexico in the Bahuerachi project for the extraction of copper, molybdenum, gold and silver.
He said there are other companies such as Shaanxi Dong Ling Group which already are exploring projects in Sinaloa and for the extraction of gold, silver, lead, copper and zinc.
He noted that these firms will join the Chinese companies Mining Investment and Zhong Ning Mexico that already operate in the country.
70% of mining exploration projects in the country are held by Canadian-owned firms, the other 30% are held by Australian, Peruvian and Mexican.
Martin del Campo said that 70% of Mexico’s territory has some mineral potential and today only 20% is operated. This makes the country a highly attractive country for foreign capital.
19/10/2010 02:08
Mexico. Seven mining companies with Chinese capital will invest $150 million dollars in the exploration of iron, copper, gold, silver and manganese, in Mexico during 2011 since it is consider an attractive territory for Asian capital.
The general director of Mining Promotion of the Secretariat of Economy, Jesus Martin del Campo, said the firm Jinchuan Group is already building in northern Mexico in the Bahuerachi project for the extraction of copper, molybdenum, gold and silver.
He said there are other companies such as Shaanxi Dong Ling Group which already are exploring projects in Sinaloa and for the extraction of gold, silver, lead, copper and zinc.
He noted that these firms will join the Chinese companies Mining Investment and Zhong Ning Mexico that already operate in the country.
70% of mining exploration projects in the country are held by Canadian-owned firms, the other 30% are held by Australian, Peruvian and Mexican.
Martin del Campo said that 70% of Mexico’s territory has some mineral potential and today only 20% is operated. This makes the country a highly attractive country for foreign capital.
martes, 26 de octubre de 2010
Masare Group Investe $80 Million Pesos in Capital City Mexico
Masare Group invested 80 million pesos in Capital City
Writer Real eStrategy 2 Commercial RE News, And Corporate Offices October 22, 2010 Through an investment of 80 million pesos, the Group Masare, led by Martin Pavón Farias, put into operation the first of three green buildings and business towers that form the heart of Capital City, building complex of about 40 hectares will combine corporate offices, residential areas, convention center, hotels, restaurants, shopping centers, hospitals and theme parks southwest of the city.
Capital City is part of the portfolio of mega-projects designed by the government of Aguascalientes, with the stated purpose of accelerating "outsourcing" of the local economy and more jobs open to graduates of institutions of higher education.
Were used to detonate the last two years in public and private investments of around 500 million pesos for the purchase of land, construction of urban infrastructure and services, primarily.
Writer Real eStrategy 2 Commercial RE News, And Corporate Offices October 22, 2010 Through an investment of 80 million pesos, the Group Masare, led by Martin Pavón Farias, put into operation the first of three green buildings and business towers that form the heart of Capital City, building complex of about 40 hectares will combine corporate offices, residential areas, convention center, hotels, restaurants, shopping centers, hospitals and theme parks southwest of the city.
Capital City is part of the portfolio of mega-projects designed by the government of Aguascalientes, with the stated purpose of accelerating "outsourcing" of the local economy and more jobs open to graduates of institutions of higher education.
Were used to detonate the last two years in public and private investments of around 500 million pesos for the purchase of land, construction of urban infrastructure and services, primarily.
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