News Bulletin September revisado

Arab Mexican Chamber of Industry & Commerce
Monthly Bulletin!
September 2014
Mexican Business News
A Mexican delegation traveled to the
Middle East. (P. 2)
!
Conacyt and SENER will invest in three
renewable energies centers. (P. 2)
!
The new Mexico airport will be a world
gateway. (P. 3)
!
New “wave” of investments in the
automotive sector. (P. 4)
!
Mexico July industrial output rises, led
by manufacturing. (P. 4)
!
Mexico will produce more than 3 million
of automobiles: AMIA. (P. 5)
!
Cultural section (P. 6)
!
!
National aerospace companies will triple
by 2020. (P. 7)
!
Mexico diversifies its exports. (P. 7)
!
Exports, the main engine of growth.
(P. 8)
!
The private consumption grows 1.2% in
second quarter. (P. 8)
!
Peña Nieto invites investors to Mexico.
(P. 9)
!
Bombardier accelerates production and
biddings in Mexico. (P. 9)
!
Business opportunities (P. 10)
A Mexican delegation traveled to the Middle East
!
The tour aimed to strengthen Mexico's relations with
the Middle East and follow up on the commitments
made during Foreign Secretary José Antonio
Meade’s visit last March.!
!
The delegation promoted the political dialogue with
the Persian Gulf countries as well as technical,
educational and cultural cooperation programs, and
strengthen the bilateral economic relationship,
particularly in trade and investment.!
A delegation of Mexican government officials and
private sector representatives headed by
Undersecretary Carlos de Icaza began the last
september 7th a tour of the Middle East that included
visits to Saudi Arabia, Qatar, Kuwait and the United
Arab Emirates (UAE).!
!
In addition to the Foreign Ministry, the delegation was
comprised of representatives from the Tourism
Ministry, the National Infrastructure Fund, the Foreign
Trade Bank (Bancomext), Petróleos Mexicanos
(PEMEX), ProMéxico and the National Council for
Culture and the Arts (Conaculta).!
!
The members of the Mexican delegation held
meetings with officials from the foreign ministries,
chambers of commerce and industry and various
investment funds.!
!
Mexico has resident embassies in Saudi Arabia, UAE
and Kuwait. In June of this year, Mexico also
established a diplomatic mission in Doha, Qatar, in
order to increase its visibility on the Arabian
Peninsula and establish itself as an actor with a
global presence and responsibility.!
!
Source: SRE
Conacyt and SENER will invest in
three renewable energies centers!
September 2, 2014. The Mexican Council for Science
and Technology, Consejo Nacional de Ciencia y
Tecnología (Conacyt) and the Ministry of Energy
(SENER, for its acronym in spanish) will invest
$123.3 million of dollars through a sectorial fund for
the creation of three renewable energies innovation
centers. !
!
According to the Second State of the Union Report
presented by the Executive Power to the Congress,
$72.65 million dollars will be allocated to the
geothermal energy center, $34.3 million dollars to the
solar energy center and $16.3 million dollars to the
Aeolian energy center. !
!
In addition to this investment, the Conacyt-Sener
Fund allocated $100.75 million dollars in 2014, to be
exercised within the next seven years, to create the
Deep Water Technology Center, which will allow
expanding Pemex’s capacity in deep-water oil
extraction activities, the document informs.!
According with this, Conacyt contributed $30.3 million
dollars to fund sector that has with the Ministry of
Public Education (SEP, for its acronym in spanish) to
fund 300 projects in basic scientific research to
generate new knowledge in various areas of science.!
!
Source: El Economista
!
! 2
CAMIC - Mexican Business News
!
The new Mexico airport will be a
world gateway!
!
September 4, 2014. Mexico’s government unveiled the winning
design for a new, futuristic airport for the capital that will ease
delays and boost capacity at a cost of $9.17 billion dollars in
public and private funding.!
!
British architect Norman Foster and Fernando Romero, a sonin-law of Mexican tycoon Carlos Slim, showcased their
winning, airy design in the form of an X with arching spans at
the presidential palace.!
!
The new six-runway project will be built next to the Benito
Juarez International Airport on the eastern flank of Mexico City,
where the government already owns land.!
!
“This airport is the first of its kind in the world,” Foster said. “It
doesn’t have a conventional roof, it doesn’t have vertical walls.
It doesn’t have columns in the normal sense.”!
!
!
Mexico’s government will finance the first stage of the new
airport and aims to issue up to 30-year bonds to finance later
stages, a senior project official said.!
“The airport infrastructure cost is around $10 billion dollars, and we are going to raise $6 billion dollars in
financial markets”, Patino said. “The strategy includes short and medium-term financing”.!
!
“Once we have an adequate base, we will in the longer term issue up to 30-year bonds”, he added.!
!
Foster is one of the world’s most famous architects, and with
his enterprise, Foster + Partners, has designed dozens of highprofile projects around the world, including Beijing Airport and
London’s Wembley Stadium.!
!
His firm also designed a London office building later nicknamed
“the Gherkin” for its rounded shape, which has become one of
the city’s leading landmarks.!
!
Romero is the head of “Fernando Romero Enterprise” (FR-EE). The firm designed Mexico City’s distinctive
Museo Soumaya, which houses much of Slim’s personal art collection behind its sloping, silvery walls.!
!
!
Source: The News
! 3
CAMIC - Mexican Business News
!
New “wave” of investments in the
automotive sector
September 10, 2014. The new plants from the automotive
industry announced in Mexico have already led to a “wave”
of Japanese investments in the auto parts sector,
forecasted in no less than $1.5 billion dollars in the short
term at the Bajío Zone. !
!
!
Miguel Ángel Barreda Araiza, responsible for Lintel Group’s
Colinas de San Luis Industrial Park, said that the new
investors that come to Mexico to supply original auto parts
to vehicles assembly plants have in addition important
growth projects. !
He mentioned that the sector currently purchases plots of land 90% bigger than those occupied in the initial
construction and explained that these are companies that have arrived to Mexico after the vehicles assemblers
announced their decision to establish or expand in Mexico.!
!
"These companies, many of them are here and others in the state of Guanajuato, but have come following
Honda in Celaya, Mazda in Salamanca or expansion of Nissan in Aguascalientes" he said.!
!
Source: Milenio
Mexico July industrial output
rises, led by manufacturing
September 11, 2014. Mexican industrial production bounced
back in July, led by manufacturing, which grew at its fastest
pace in six months as the economy picks up some speed after
a weak start to the year.!
!
Industrial activity rose 0.3 percent in July compared with June,
the national statistics agency said on Thursday.!
!
The economy is seen growing around 2.5 percent in 2014. The second quarter growth was above
expectations.!
!
The Factory output, a component of industrial output, rose 1.3 percent in July compared with the prior month,
its strongest rate since January.!
!
The Industrial output rose 2.1 percent in July from a year earlier, compared with June's 2.0 percent annual
growth rate.!
!
Source: Reuters
! 4
CAMIC - Mexican Business News
!
Mexico will produce more than 3
million of automobiles: AMIA
!
September 15, 2014. The automotive industry in Mexico
is expecting to close this year with record production
figures, adding to around 3 million 150 thousand units,
the Mexican Association of the Automotive Industry,
Asociación Mexicana de la Industria Automotriz (AMIA),
informed. !
!
Eduardo Solís Sánchez, AMIA’s President, said that
these figures will be pushed up by the arrival and
operations kickoff of more assembly plants to Mexico,
even if the direct effects of the new recently announced
investments will be seen by 2018. !
!
The automobiles production closed 2013 in 2 million 900 thousand units, an all time record. !
!
In Exports will also post an increase, and 2014 is expected to close with 2 million 500 thousand, Solís
estimated.!
!
Last week, the AMIA announced that in the first eight months of 2014, the assemblers in Mexico produced 2.13
million cars, 7.2% more than in the same period last year.!
!
Meanwhile, Manuel Montoya, director of the Automotive
Cluster of Nuevo Leon, agreed that the arrival of the
Korean Automotive Kia to Nuevo Leon will be in 2016,
when starts its operations.!
!
The leading states in production cars are Coahuila,
Puebla, Aguascalientes and Guanajuato, reiterated Manuel
Montoya.!
!
!
Source: El Horizonte
! 5
CAMIC - Mexican Business News
CULTURE!
Anthropology Museum marks 50
Years showing Mexico’s richness
to the world
!
!
!
!
A jade mask from the tomb of Emperor Pakal and the
“Mexican people’s sun stone”, are some of the
treasures in Mexico’s National Anthropology
Museum, which celebrates its 50th anniversary this
month as custodian of the riches left by the people
who have inhabited Mexico.!
On September 17, 1964, a year and a half after
construction began, the museum opened its doors for
the first time thanks to the continuous work of around
1000 workers, along with some 200 archaeologists,
historians, engineers, museum experts and artists.!
!
The horseshoe-shaped museum was designed by
architect Pedro Ramírez with a wide central
courtyard, and a huge fountain at its center under an
umbrella-like ceiling.!
!
His goal was to allow visitors to either tour the entire
museum or enter only some of its halls which can be
accessed separately.!
!
The tour by all of its aisles requires a 5.5 kilometers
walk through 40,000 years of history, from prehistoric
times to the contemporary history of the native
peoples of Mexico.!
!
!
!
! 6
The historian Miguel León Portilla says that an
unhurried tour of the museum needs a full week, and
only then can one discover the true value of pieces
like the gold jewelry found in the tombs of Monte
Alban, in Oaxaca, or the collection of clothing, tools
and utensils used by Mexican ethnic groups.!
Portilla told that among his favorites are the
“polychrome cylindrical vases which are like codices
in the Mayan language” or “the remnants of the
facade of the pyramid of Quetzalcóatl” of the ancient
city of Teotihuacán.!
!
Portilla is renowned as an expert interpreter of the
codices written in the ancient languages of Central
America’s earliest habitants. He is also one of the
best translators of the ancient Náhuatl language.!
!
In Portilla’s view, the museum, which receives
between 1.3 and 2.3 million visitors per year, plays a
crucial role, by showing the “indigenous roots,” of the
present-day Mexican people.!
!
Walking through its 24 halls, visitors have a chance
to become acquainted with the “deepest roots” of
those who were their ancestors, Portilla concluded.
CAMIC - Mexican Business News
National aerospace companies
will triple by 2020
!
September 15, 2014. The aerospace sector shows a
growth for the Mexican industry, where the number
of domestic companies related to this sector is
expected to grow significantly, to reach 75
companies, according to forecasts presented in
Mexico’s Aerospace summit. !
!
There are currently 300 aerospace companies in the
Mexican Republic, of which 25 are domestic,
according to the Mexican Federation of Aerospace
Industry (FEMIA, for its acronym in spanish). !
!
Also, the total number of aerospace companies, including foreign companies, is expected to reach 450 in 2020,
estimated Sergio Ornelas L. Ramírez, organizer of the summit.!
!
In a statement, Ornelas explained that some of the small and medium domestic enterprises include aerospace
specialists turbo parts, one manufacturer of conveyors, one engineering company that designs and
manufactures furniture for passenger aircraft; and one manufacturer of aircraft seat covers.!
!
Source: Dinero en Imagen
Mexico diversifies its exports
!
September 19, 2014. Gas and oil are the leaders for
the investment prospects of Mexico, as it is
expected that the energy reform attracts to the
country up to $50 billion dollars of foreign
investment in 2020. !
!
However, there are more opportunities, the
government says. And not only in manufacturing
sector with the high-tech that Mexico has adopted.
The country is the fourth largest exporter of
automobiles in the world, the first in flat screen TVs,
and the aerospace industry is growing. !
!
Also, Mexico points to other sectors that, may have not explored or can be developed further: organic
agriculture, halal products to serve the huge Muslim market of 1.2 billion people worldwide, the development of
smart cities, shipbuilding, video games and medical tourism. !
!
Francisco González, director of ProMéxico said that the next year will receive the China-Latin America trade
show, focused on medium-sized companies, with the hope of opening prospects in China for avocados, tropical
fruits, creative industries and manufacturing.!
!
González considers that the foreign direct investment will reach over $40 billion dollars in 2017, above the high
record of $38 billion dollars in 2013. !
!
Source: Milenio!
! 7
CAMIC - Mexican Business News
Exports, the main engine of growth
!
September 20, 2014. The exports of goods and
services contributed 118% of the country's
growth in the first half of the year, according to
the National Institute of Statistics and
Geography (INEGI). !
!
This was the result of the 1.7% that the
economy expanded in the first half of the year,
where the exports contributed 2 percentage
points, confirming once again, that the foreign
sales are what sustain the country economic
growth. !
!
Almost all of this export contribution was due to manufacturing as they contributed with the 99.8% of the export
growth, according to Excélsior calculations. !
!
The remaining 0.2% of the export contribution to the growth was distributed between the oil, mining, agriculture
and services sectors. !
!
Joan Eric Domene, Invex Bank analyst, believes that the strength of the industrial sector and the consumption of
the United States will continue to strengthen Mexican exports in the second half of the year.!
!
In the same way, Alejandro Cervantes, Banorte economics specialist, believes that these figures suggests that
the Mexican economy has reached a turning point in terms of upward growth. !
!
Moreover, the expert of the financial institution said that the external demand is increasing as shown by the
manufacturing sector, while the consumer confidence and the retail sales show signs of a recovery in the
country.!
!
Source: Dinero en Imagen!
The private consumption grows
1.2% in second quarter
September 20, 2014. The domestic market shows signs of recovery, now that the National Institute of Statistics
and Geography (INEGI) reported that during the second quarter of this year the global supply and demand of
goods and services increased 1.9% compared with the same period last year. !
!
And this is the result of the Gross Domestic Product (GDP) advance of 1.6% and the rise of 2.9% in imports of
goods and services. !
!
INEGI said in his report that within the global demand, the private consumption increased 1.2% during the
second quarter of this year, where the expenses on goods and services of national origin increased by 1.5% and
the imported ones increased 1.3%.!
!
The components of aggregate demand showed growth, where the exports increased 3.9%, the fixed capital
formation 2.19%, the private consumption 1.35% and government consumption by 0.18%, compared with the
previous quarter. !
!
Finally, INEGI said that from January to June this year, global demand of goods and services reached an
increase 2.2% compared to the same period in 2013.!
!
Source: El Sol de México
! 8
CAMIC - Mexican Business News
Peña Nieto invites investors to Mexico!
!
September 23, 2014. The President of Mexico, Enrique Peña
Nieto, used his participation in a meal with "The Economic Club
of New York" which brings together the economic actors in the
principal financial center of the world to tell them that Mexico is
a safe destination for investment.!
!
After the Mexico Pact was consolidated and the transformative
political, economic, financial, tax and energy policy reforms
were approved, invited foreign investors to inject capital in the
changing sectors.!
!
“It’s an open invitation for those who are interested in participating in any of these sectors that have been
significantly reformed,” said Peña Nieto.!
!
The government forecast is that this year the country will grow 2.7% and by 2015 will be 3.7% in economic
terms, said Peña Nieto in a forum organized by an international economic information agency in New York.!
!
Source: The News!
Bombardier accelerates production
and biddings in Mexico
!
September 26, 2014. The manufacturer Bombardier is
expanding fast in Mexico, especially in the railways
materials branch, and announced an increase in
production and their interest to bid for the manufacture of
passenger railroad cars, explained Alfredo Nolasco Meza,
Chief Representative in Mexico. !
!
“We are preparing for other projects”, Nolasco said after
his speech in the North American Strategy for
Competitiveness Conference (Nasco), held in Mexico City. !
!
In addition, Mr. Nolasco added that they have an in-house project to bring more assemblies of electric harnesses
for trains to their Ciudad Sahagún Plant in the State of Hidalgo.!
!
Bombardier wants to focus not only in worldwide production but also in production for the domestic market,
which they consider will be increased with the new passenger trains announced by the Federal Government,
such as the Trans-peninsular, Mexico-Toluca or Mexico-Querétaro.!
!
!
Source: T21 Mx!
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Business Opportunities!
Mexican companies looking for distributors / importers!
!
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ABRASIVOS ESPECIALES, S.A. DE C.V.
!
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Products: abrasives
Website: www.austromex.com.mx
Email: baguayo@austromex.com.mx
BOEHRINGER INGELHEIM
VETMEDICA, S.A. DE C.V.
!
!
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Tel. +52 33 36 68 80 00
Fax. +52 33 36 68 80 20
Website: www.boehringeringelheim.com.mx
Email: victor.campos@gua.boehringeringelheim.com
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LABORATORIOS TORNEL, S.A.
Products: veterinary medicine
Tel. +52 46 11 61 39 57
Fax. +52 46 11 61 38 46
!
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Website: www.bedacom.com.mx
Email: mmontoya100@bedacom.com.mx
!
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!
!!
Website: www.cabosbest.net
Email. alfonso.otero@mexifood.com.mx
!
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Tel. +52 27 37 34 25 25
Fax. +52 27 37 34 25 25
Tel. +52 55 52 71 73 56
Fax.
Website: www.donpepecoffee.com
Email: contacto@donpepecoffee.com
!
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MEDHUSA INDUSTRIAL, S.A. DE C.V.
!
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Tel. +52 77 73 20 21 60
Fax ++52 77 73 20 19 26
Website. www.kolorines.com
Email. guajardo@kolorines.com.mx
OCULUS TECHNOLOGIES OF MEXICO,
S.A. DE C.V.
Website: www.grupoadapta.com.mx
Email. juan@grupoadapta.com.mx
!
!
!
!!
METCO, S.A. DE C.V.!
Product: sugar products, confectionery
Products: construction materials
Tel. +52 687 877 27 12
Fax +52 687 148 14 75
JR INVENT SA de CV
Products: Electronics
MOSAICOS VENECIANOS DE MÉXICO,
S.A. DE C. V.
Products: Processed food
PERSONNA INTERNATIONAL DE
MÉXICO, S.A. DE C.V.
!
!
!
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Product: Pharmaceuticals
Products: Trading Company
Tel. +52 33 38 33 67 22
Tel. +52 55 57 52 47 19
Fax. +52 55 57 52 47 19 ext. 106
Website: www.oculus.com.mx
Email. egaribay@oculus.com.mx
!
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Products: Processed food
Website: www.oxigenahiperbarica.com
Email. info@oxigenahiperbarica.com
MEXI FOOD, S.A. DE C.V.
!
!!
!
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Tel. +52 22 99 84 12 00
Fax. +52 22 99 27 21 09
Website: www.tornel.com
Email iprado@tornel.com
!
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Products: Health
Tel. +52 55 53 58 46 17
Fax. +52 55 53 58 46 17 ext. 345
!
!
Tel. +52 68 65 61 66 23 ext. 138
Fax. +52 68 65 61 85 55
Website: www.agrovizion.com
Email: jugalde@agrovizion.com.mx
BEDACOM, S.A. DE C.V.
DON PEPE COFFEE, S.A. DE C.V.
Products: veterinary pharmaceuticals
!
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Product: Milk products
!
Tel. +52 55 55 57 19 66
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AGROVIZION INTEGRADORA, S.A. DE
C.V.
Products: Agriculture
Website: www.personna.com
Email. berenice.cruz@energizer.com
Tel. +52 55 55 20 12 66
Fax. +52 55 55 40 49 06
Website: www.metco.com.mx
Email. direccion@metco.com.mx
!
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NH MERCADO GLOBAL, S.A. DE C.V.
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!
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Product: Food, beverages and tobacco
Tel. +52 22 88 18 20 09
Fax. +52 22 88 18 20 06
Website: www.nhmercado.com
Email. mercext@xal.megared.net.mx
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WEENER PLASTICS, S.A. DE C.V.
!
Products: Plastics Industry
Tel. +52 72 82 85 09 43
Fax. +52 72 82 85 30 70
Website: www.wppg.com
Email. p.jowett@wppg.com
!
If you need further information about Mexican companies do not hesitate contacting the
Arab-Mexican Chamber of Industry & Commerce
Dante 36-901, Col. Anzures, Mexico City, Tel. +52 (55) 52 55 46 22 / 52 55 07 23, Fax +52 (55) 52 55 04 29
E-mail: info@camic.org
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Website: www.camic.org