Investment in Mexico City: Big companies will invest

Investment In Mexico City.

 

The HSBC Mexico Shareholders' Meeting authorized a capitalization of the bank for US $ 700 million, marking one of the most significant investments of 2009 in the Mexican financial sector. BBVA Bancomer will grant in 2010 a total of 50,000 mortgage loans, with an investment of US $ 2,150 million. In addition, it will provide 18,000 credits for beneficiaries of Infonavit and Fovissste, and will finance the construction of 98,000 homes with an investment of US $ 2,866.8 million; Compared to 2009 will represent growth of 30 and 26%, respectively. Iusacell announced that it obtained the approval of the investors to take the company out of the stock market in order to cut costs. Telmex will invest US $ 775 million in 2010 to increase broadband speed in Mexico. MVS will invest US $ 700 million in the 4th generation network, which will allow the transmission of high-capacity video via wireless and various services with high-speed mobile internet. The new technology would be before the first half of 2010. In 2010, 25% of the investments that will be made by Airports and Auxiliary Services in infrastructure (ASA) will be destined to the network of fuels that it has in all Mexico. Investments will, for example, be used to build new pipelines and distributors. 2. Investments of Mexican Companies Abroad

Kidzania opened its 4th theme park outside of Mexico by launching Kidzania Dubai, in which Emnar Property, which took the franchise, invested US $ 50 million. Nemak announced an investment plan of around US $ 90 million for the next 3 years destined for emerging countries, with China and India being the most attractive economies for the Mexican company. ProMéxico announced that Mexican investments in Brazil grew 70.5% between 2006 and 2009 by accumulating US $ 17,400 million in sectors such as telecommunications and food, such as America Movil and Coca-Cola Femsa. In addition, Mexichem, Cinépolis and Homex have investment plans. 3. Investments of Foreign Companies in Mexico

During 2009, Costco invested US $ 127 million in a distribution center, an optics laboratory in Tepeji del Rio and the opening of its 32nd branch in Guadalajara, Jalisco. The company also reported that last year its same store sales grew 8.3%, while its total sales increased 9.2%. In 2009, Nestlé invested US $ 575 million in its 14 plants and 16 distribution centers in Mexico. Between 2010 and 2011, the company plans to invest up to US $ 175 million to expand its coffee production plant in Toluca, which would be ready in 2011 and become the largest in the world. BM announced an investment of US $ 20 million in Mexico to increase the manufacturing capacity of its Campus Tecnológico de Guadalajara. The resources are intended to increase production of XIV (ex-ai-vi), which is a data storage device with a capacity of 180 terabytes, based on state-of-the-art hard disk technology. Mitsubishi inaugurated an electric motors plant and speed control boxes for train cars in San Juan del Rio, Querétaro, after investing US $ 10mdd in this one. The new plant will generate 300 direct jobs and around 900 indirect ones, in addition to the 750 jobs that the company has in other divisions in the country. Kansas City Southern of Mexico, said it will increase its investments in the Country in 2010 by 15% to add up to US $ 121 million. In turn, Ferromex plans to invest US $ 121.6 million in 2010, or 26% more than in 2009. The railroad company, Ferrosur, with operations in southeast Mexico, has an investment of US $ 39 million, Double what it invested in 2009; While Ferrovalle, a company that operates around Mexico City, will invest US $ 12.5 million. Tehuantepec Isthmus, a state-owned company, will spend US $ 19.9 million this year. Nissan Motor Company will invest US $ 10 million in facilities, equipment and personnel for its prototype modeling center in Mexicali, Baja California. The injection of resources, which is planned for the next 10 years, will be carried out by the Nissan Development America (NDA) car development division as part of the regionalization of its operations in the area. In Querétaro, Netchape, a US company that manufactures metal parts and injected plastic, announced an investment of US $ 13 million to open a plant in 2010, which will generate 125 jobs in the first stage and 300 jobs in the second. The company AMB Property México

Inaugurated its 1st industrial park in Nuevo León. The construction company did not reveal the amount of investment, but sources of the sector estimated it at about US $ 110 million. With an investment of US $ 250 million in its new plant in Querétaro, Bombardier expects to start manufacturing the fuselage of its Lear Jet 85 model. The plant will be finished in 2014 and will cost US $ 20 million. For 2010, the airline Vivaaerobus projects an investment of US $ 20 million to incorporate 4 aircraft and open 12 to 15 routes to domestic destinations and abroad. New Zealand medical equipment manufacturer Fisher and Paykel Helathcare will invest US $ 16 million to start operations in Mexico, occupying an industrial plant of 18,600 m2. With a joint investment of US $ 200 million, Hutchinson Port Holding and Corporativa UNNE will build a dry port and logistics park in Tula, Hidalgo. The project will be ready by the end of 2010 and will be used by companies whose goods are destined for investments in Mexico City. 4. Investments of the Mexican Government and other news The government of the state of Querétaro will allocate US $ 4.7 million in direct subsidies to low-income workers residing in the state, so that they can buy a home. The support that will be granted by the state through the Housing Institute of the State of Querétaro will be received by workers who earn up to 4,541 pesos per month or those who are 60 years of age or more and obtain monthly up to 6,987 pesos: Investments in Mexico City? .