Recent and upcoming investment in Mexico

Information collected from media reports over the past month:

  • Retail: Mexican toy retailer Juguetron plans to open 10 to 15 new stores in 2016, the company reported. Projected investment for the expansion was not specified by the company, which currently operates 77 retail locations in Mexico. (El Financiero, December 18, 2015)
  • Aerospace: French aerospace manufacturer Messier-Bugatti-Dowty (MBD), a subsidiary of Safran, is in the process of executing investment of approximately US$14 million through 2018, the company reported. MBD is currently expanding capacity to manufacture aircraft landing gear at its plant in the central state of Querétaro. (El Financiero, December 15, 2015)
  • Transport: Mexican inter-city passenger bus operator Grupo ADO will invest approximately US$6 million to build a new eco-friendly passenger terminal in the southeastern city of Chetumal. The LEED-certified site is planned to include high efficiency technologies in areas such as energy consumption, potable water and CO2 emissions reduction, among others. (El Financiero, December 11, 2015)
  • Pet food: Swiss processed foods giant Nestlé inaugurated a new pet food plant in the central state of Guanajuato, the company reported. The US$220 million facility will produce Purina product to help Nestlé keep up with 10% annual growth in demand. (El Financiero, December 10, 2015)
  • Natural gas: Spanish natural gas utility Gas Natural Fenosa is projecting investment of approximately US$135 million to expand Mexico operations in 2016, the company reported. Fenosa plans to extend its natural gas transmission and distribution pipeline network to add new industrial and residential customers. (El Financiero, December 10, 2015)
  • Refining: The Mexican government announced planned investment of US$23 billion in a series of upgrades to the country’s fuel refining infrastructure. The program will include major projects to produce ultra-low sulfur gasoline and reconfigurations at the refineries at Tula, Salamanca and Salina Cruz. (El Financiero, December 9, 2015)
  • Commercial real estate: Mexican commercial real estate developer GICSA is preparing to begin construction on a large scale shopping center complex in the central state of Morelos, the company reported. The US$140 million project is projected to include apartments, a hotel and an amusement park. (El Financiero, December 8, 2015)
  • Pharmaceuticals: UK-based pharmaceutical manufacturer AstraZeneca plans investment of up to US$4.3 million in clinical research operations in Mexico in the coming year, the company reported. The drug maker also plans to invest in productivity enhancements at its plant in the central State of Mexico. (El Financiero, December 8, 2015)
  • Airlines: Mexican passenger air carrier Interjet plans to acquire 13 new aircraft in 2016, the company reported. In addition to fleet expansion, Interjet will launch new international flights to the U.S. cities of Dallas and Los Angeles in the coming year. (El Financiero, December 8, 2015)
  • Railroads: Mexican rail freight operator Ferromex plans investment of US$3.5 billion over the next five years to expand and upgrade infrastructure in the country. Projects include new rail lines, double tracks and sidings to accommodate trains of 150 cars. (El Financiero, December 4, 2015)
  • Industrial parks: Mexican industrial real estate developer Vestas initiated construction of a new industrial park in the southeastern state of Puebla. The US$50 million facility is intended to serve suppliers of regional automotive OEMs such as Volkswagen and Audi. (El Economista, December 3, 2015)
  • Retail: Mexican corporate group Grupo Gigante plans investment of approximately US$46.4 million to expand and upgrade its casual dining properties in 2016, the company reported. Projects include the opening of 15 new Toks restaurants and the remodeling of 15 recently acquired California restaurants. (El Financiero, December 2, 2015)
  • Energy: Italian oil and gas developer Eni plans investment of approximately US$1.1 billion in oil exploration and production in Mexico, the company reported. Eni won rights to develop shallow water oilfields as part of Mexico’s Round One tender process earlier this year. (Reforma, December 1, 2015)

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