News

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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Ciudad Juárez needs to adopt new technologies in the industry

CIUDAD JUAREZ – Ciudad Juárez must focus on adapting information and innovation technologies to give added value to its products and services, which would allow to maintain its competitiveness in the world, according to Heriberto Zazueta Macías,...

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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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Arizona-Mexico trade relationship continues to boost border economies

ARIZONA – Mexico is Arizona’s top trading partner, accounting for about 30% of the state’s exports to foreign markets, according to an extensive ongoing study by the Eller College of Management at the University of Arizona With that in...

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New Mexico SIC signs up to co-invest alongside Brookfield infrastructure fund

NEW MEXICO – The New Mexico State Investment Council (SIC) has approved a US$50 million commitment to co-invest alongside Brookfield Infrastructure Fund IV According to New Mexico SIC, Brookfield Asset Management is currently raising...

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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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PORT-LAREDO operated more than US$225 billion in 2018

LAREDO – The World Trade Bridge (WTB) is the main operating structure in PORT-LAREDO, which reached a traffic of 16,000 trailers per day this year from the 14,000 registered the previous year, as indicated by executives of the same port The...

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