Business activity in the Mexican manufacturing sector
By Adina Moloman Sources: FocusEconomics, HSBC Purchasing Managers’ IndexTM 2015 According to the surveys that measure business activity in the Mexican manufacturing sector—the IMEF manufacturing index and HSBC’s PMI—suggested moderated growth in last month. The report is covering the activity in manufacturing for the first and the second quarters. The latest survey suggests that this […]
Baja California a founding signatory to the “Under 2 MOU” agreement
By Adina Moloman Source: www.under2mou.org, SanDiegoRed Baja California Governor Francisco A. Vega de Lamadrid signed the “Under 2 MOU” agreement with international leaders from 11 other states and provinces, to limit the increase in global average temperature to below 2 degrees Celsius. The event took place in Sacramento and was hosted by the California Governor, […]
Discussions for a friendly trading relationship between Brazil and Mexico
By Adina Moloman Sources: The Economist, The World Economic Forum for Latin America The tenth edition of the World Economic Forum for Latin America (WEF LATAM) took place May 2015 in the Riviera Maya, Quintana Roo. During the event Daniel Marteleto Godinho, Brazilian Secretary of Foreign Commerce announced plans to begin negotiations to get to […]
Cali-Baja border infrastructure project
By Adina Moloman Sources: SanDiegoRed, San Diego Forward: The Regional Plan, SEDECO The Mexico Maquiladora Industry plays a crucial role in the Cali-Baja region since it generates employment opportunities and economic growth in Baja California and in San Diego, due to a large number of transnational corporations with headquarters facilities north of the border and […]
S- 40 Freedom aircraft manufactured in Baja California
By Adina Moloman Sources: SEDECO, aerospace-technology.com, spectrum.aero Spectrum Aeronautical located in Carlsbad, California, a leader in design and manufacture of private and commercial aircraft is planning on building a new facility at the Silicon Border Science Park in Mexicali, Baja California and manufacture in Mexico their S- 40 Freedom light business jet. The Governor of […]
The first round for the opening of the Mexican oil sector
By Adina Moloman Sources: Industry Week, Stratfor, Agence France-Presse, 2015 Mexico’s Congress approved last year a landmark energy reform that allows foreign companies to manufacture in Mexico competing in the country’s energy sector on equal footing with Pemex for blocks in many of Mexico’s present and future auctions. Pemex, the government’s Mexico Corporation was the […]
New investments and expansions for Baja California manufacturing sector
By Adina Moloman Sources: SEDECO, Mexicali Industrial Park Baja California has developed a public-private partnership that works to attract investment to the area from around the world. The state government in particular is playing a greater role in attracting foreign direct investment (FDI), in an effort to recruit businesses to invest and create new jobs […]
Photovoltaic project in Baja California
by Adina Moloman Source: SEDECO Renewable energy used for the generation of electricity has not reached its potential in Mexico. Hydroelectric and geothermal energy have been Mexico’s most popular renewable sources, but not until Mexico unveiled its climate change objectives renewable projects are on the way. Baja California has shows its commitment with the national […]
Mexico addressing climate change and economic growth
By Adina Moloman Sources: Reuters, The New Climate Economy According to the New Climate Economy report, today is very possible to tackle climate change at the same time as improving economic performance in any country. So, there is a strong correlation between economic growth and addressing climate change based on efficient government’s policies, where public […]
Mexico and Brazil renew auto trade agreement
By Adina Moloman Sources: WSJ; Reuters; Sandler, Travis & Rosenberg Trade Report Mexico and Brazil signed in 2012 a vehicle trade agreement, which limits the automotive trade between Mexico and Brazil under an annual quota system. The agreement expired on March 18th, 2015. Since Brazil has refused to sign a free-trade agreement because of its current […]