Category: Investment

Chinese company sets its sights on Nuevo León

MONTERREY – During the commercial tour of China and Japan, the head of the Ministry of Economy and Labor of Nuevo León, Roberto Russildi Montellano, met with authorities of the Wolong Electric Group, manufacturer of electric motors in China,...

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Coahuila receives US$62 million in hotel investment

COAHUILA – With a total of 11 investments distributed in nine municipalities in Coahuila, there will be an economic spill of US$62 million in 2020, said the Secretary of Tourism and Development of Magical Towns, Guadalupe Oyervides These...

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Chihuahua will invest US$63 million in infrastructure

CHIHUAHUA – The Ministry of Communications and Public Works (SCOP) of the state of Chihuahua projects an investment of US$63 million for fiscal year 2020, said the head of the agency, Gustavo Elizondo Aguilar The secretary indicated that this...

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Nuevo León will seek new investments in China and Japan

NUEVO LEON – The Ministry of Economy and Labor of Nuevo León will carry out trade missions in China and Japan for 10 days The state will visit between 15 and 20 companies with the objective of attracting foreign investment for Nuevo León The...

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Grupo México to invest US$250 million in Nuevo León

NUEVO LEON – Grupo México Infraestructura announced an investment of US$250 million to build the Fenicias wind farm in Nuevo León; this project will be developed by Invenergy, the largest independent renewable energy company in North...

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Nuevo León will receive an investment of US$230 million

MONTERREY – Grupo México will invest US$230 million for the construction of fuel storage infrastructure in Nuevo León and Jalisco, in order to increase the country’s energy security This investment will be used for the project’s first...

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KEPCO invests US$315 million in Sonora

SONORA – The Korea Electric Power Corporation (KEPCO) has opened a new 294 megawatt (MW) solar park in Sonora The company reported that the cost of the project was of US$315 million that will generate electricity for Canadian Solar for the next...

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Tamaulipas amounts to US$1.2 billion in FDI

TAMAULIPAS – At the end of the third quarter of 2019, the flow of Foreign Direct Investment (FDI) in Tamaulipas amounted to US$12 billion, 48% of the national total, according to the Ministry of Economy (SE) Tamaulipas ranks sixth among the...

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CIA invests US$2.6 million in Ciudad Juárez

CIUDAD JUAREZ – The Artificial Intelligence Center (CIA) on the Exodódromo and Galgódromo de Ciudad Juárez is currently 90% finished, according to the Undersecretariat of Communications and Public Works “The structural work is the first...

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Prestige Development Group will invest US$50 million in El Paso

EL PASO – Another large commercial development is planned for the Cielo Vista Mall area in El Paso, Texas Prestige Development Group plans to develop a 20-acre, with stores, restaurants, offices, apartments and two hotels “The Gateway, a...

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