Category: Investment

Border investment grows thanks to USMCA

NUEVO LEON – The proximity of the US market and the ratification of the USMCA has boosted confidence in real estate investments on the northern border The markets of Tijuana, Tecate, Mexicali, Saltillo, and Monterrey already have 859,867 square...

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Expedeon sells division

Expedeon has agreed to sell its immunology and proteomics businesses to UK-based life science reagents and tools company Abcam for US$130 million in cash The deal com- prises Expedeon’s core proteo- mics business, as well as its im-...

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Baja California expects real estate investment by 2020

ROSARITO – Investments for this year are expected to exceed US$186 million in Rosarito, Baja California, mainly in the real estate market, a sector that has registered sales increases of more than 60% compared to 2018 Gustavo Torres Ramírez,...

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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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