Category: News

Zip line is cancelled after investment of US$105,000

CIUDAD JUAREZ – After a US$105,000 investment, state authorities reported that they are ruling out continuing construction of the zip line in Parque Central Poniente in Ciudad Juárez Undersecretary of Public Works at the border, Roberto Barraza,...

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Tijuana received US$450 million in remittances

BAJA CALIFORNIA – During 2018 the municipalities of Baja California maintained strong injections of money through remittances sent by Baja Californians living mainly in the United States, being Tijuana the main recipient with US$450 million, which...

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Strikes could drive away foreign investment from Mexico

MEXICO – Union agitation through illegal strikes, such as the ones taking place in Matamoros and Reynosa, Tamaulipas and Ciudad Juarez, could drive away investment from foreign and US companies, said Larry Rubin, representative of the Republican...

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US$31 million to be invested in road modernization in Ciudad Juárez

CIUDAD JUAREZ – 2019 contemplates an investment of around US$31 million for road modernization projects, announced Municipal President Armando Cabada Alvídrez Cabada said that this year will be very important in the area of infrastructure and...

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Caintra proposes budget to support small enterprises

NUEVO LEON – Cámara de Industria de Transformación (Caintra) of Nuevo Leon proposed to the federal government, a budget of at least US$780 million per year to support small and medium enterprises (SMEs) in the country In an analysis, the private...

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Tamaulipas and Texas sign binational agreement

NUEVO LAREDO – In an unprecedented binational agreement, Nuevo Laredo was part of the signing of the agreement called “Impulso al desarrollo económico de Tamaulipas y el sur de Texas”, to collaborate in economic promotion along with state and...

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BC Industry forecasts 2.7% growth during 2019

TIJUANA – Baja California will grow 27% in the industrial sector during 2019 over the previous year, estimated Luis Hernandez Gonzalez, president of Industria Maquiladora y de Exportación (Index) Coastal Zone Mr Hernandez added that during the...

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Two maquiladoras shut down operations in Ciudad Juarez

CIUDAD JUAREZ – Two maquiladoras in Ciudad Juarez have closed their facilities from December until now, due to production and manufacturing costs that have been modified by the new fiscal stimulus in the northern part of the country, the...

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Copenhagen Infrastructure Partners to invest US$80 million in Texan wind farm

TEXAS – Copenhagen Infrastructure Partners (CIP) has announced plans to make an equity investment of nearly US$80 million for the construction of the Bearkat II onshore windfarm in Texas This is the fifth project in its portfolio of US onshore...

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RRB Beverage Operations to develop production plant in Arizona

GLENDALE – RRB Beverage Operations Inc, plans a new multimillion-dollar, approximately 700,000-square-foot facility, as part of the first phase of development at Woolf Logistics Industrial Campus in Glendale, Arizona The first phase of this...

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