Mexico is becoming more competitive with China
By Adina Moloman Source: WTO, Procurement Intelligence Unit Trade friction between the United States and China over everything from cars to chemicals, with greater attention on issues such as steel, patents, Hollywood films, etc., is affecting the relations between the two countries. This month The United States Senate voted to pass the currency bill that […]
Maquiladora Permits – Mexico
By Adina Moloman There is a wide field of opportunity for multinational companies to establish their manufacturing business in Mexico known as Mexican Maquiladoras or Maquiladora plants. In order to operate legally it is necessary to be in compliance with licenses or permits from the Mexican government (Mexican Ministry of Economy) that issues Maquiladora Permits […]
Arms Trade Treaty (ATT) final negotiating conference in February 2012
By Adina Moloman Source: Arms Trade Treaty Preparatory Committee; SRE Despite the bad publicity caused by drug violence, foreign investment continues to pour into the region of Baja California. Mexico Government and Maquiladora Industry associations are more concerned to increase security measures for foreign companies. The focus of the discussion is on the guns that […]
An example of local development competitiveness
By Adina Moloman Source: Mexican maquiladoras: New capabilities of coordination and the emergence of a new generation of companies by Jorge Carrillo and Arturo Lara SEDECO In the last 40 years trough the Mexico Maquiladora Program, we could notice an important number of foreign direct investment in the region of Baja California, a huge number […]
New Tax incentives for the Maquiladora Industry
By Adina Moloman Source: The Wall Street Journal, Presidencia de la República At the presidential house, Mexico President, Felipe Calderon, gave a declaration this Tuesday, October 11, 2011, over an executive decree signed this week, granting tax incentives to the Mexico Maquiladora Industry. This decree will extend the tax incentives, which would have expired at […]
The Myth of double payment of VAT
By Adina Moloman Source: AIM, CNIMME On July 29, 2011, the Ministry of Finance, published in the DOF, the Temporary Regulations to the Customs Law for 2011. A copy of the entire document is also available through the Maquiladora Industry Association web page. This includes a new VAT rule for Certified Maquiladoras that would require […]
General Overview Of Temporary Importation Into Mexico By Immex Companies
I. Temporary Import of Raw Materials. A. General Rule – 18 months. In terms of Article 108, paragraph II of the Customs Law (the “Customs Law”) and Article 4, paragraph I of the Decree for the Promotion of the Manufacture, Maquila and Export Services Industry (the “IMMEX Decree”), raw materials, parts and components may remain […]
Official Opening of a new manufacturing plant in Tijuana: Össur
By Adina Moloman SEDECO, www.ossur.com September 23rd took place the official opening of the first Iceland manufacturing facility in Tijuana, Össur[1]. Officials from Mexico government (Baja California Governor, Tijuana Mayor) and officials from Össur (President and CEO) assisted at the ribbon cutting ceremony. The manufacturing company received a monetary of nearly $ 1,116 million from […]
BajaMak (at the technological frontier) 2011
By Adina Moloman Source: http://www.bajamak.com/ October 13, 2011 will take place the sixth edition of BajaMak Industrial Expo, at Valle Bonito Industrial Park, Tijuana. This expo has become an important space for the Maquiladora Industry in Northwest Mexico, first because is a space where potential suppliers are identified and second these suppliers can showcase their […]
Baja California – Solar Energy Potential
By Adina Moloman Source: Compound Semiconductor, Maquiladora Industry News Baja California potential for renewable energy generation is substantial. As we’ve seen in an article before there are a few interesting projects when it comes to wind energy. Also when it comes to solar, Mexico has no infrastructure in terms of solar energy technologies like solar […]