Information collected from media reports over the past month:
- Wind power: Japanese investment group Mitsui & Co. announced plans to take a 50% ownership stake in the Mexican wind power generation facility Bii Stinu, currently under construction by a subsidiary of French energy developer EDF Energies Nouvelles. Mitsui specified the total cost of the project at approximately US$400 million. (Mitsui & Co., January 9, 2013)
- Construction: Mexican industrial real estate developer Vesta plans to invest approximately US$90 million to construct industrial buildings for Nissan at the Japanese auto maker’s new production site in the western state of Aguascalientes, the company reported. (Mexican Business Web, January 14, 2013)
- Retail: Mexican grocery and general merchandise retailer Grupo Chedraui plans investment of approximately US$185 million in Mexico operations this year, the company revealed. Projects include the opening of 20 new stores in the country. (Mexican Business Web, January 14, 2013)
- Health care: Mexican private hospital operator Grupo Star Médica opened a new hospital in the central state of Queretaro, built at a cost of approximately US$47 million. The facility includes state-of-the-art technology in areas such as medical imaging and obstetrics and gynecology, among others. Star Médica currently has three other new hospitals under construction. (El Financiero, January 14, 2013)
- Automotive: German auto maker Volkswagen inaugurated a new production plant in the central Mexican state of Guanajuato following investment of US$500 million. The plant becomes the company’s 100th factory worldwide and is projected to produce 330,000 motors annually. (El Economista, January 16, 2013) Read the rest of this entry »


Mexico has lagged behind Brazil in the development of renewable energy resources, but progress is being made in a number of areas. From updated legislation allowing
As another year comes to a close we can’t help feeling some frustration that the economy just doesn’t seem to want to take off, both around the world and here in Mexico. Between the Eurozone debt crisis and stubborn unemployment in the United States, among other topics, we’ve got plenty to keep us fretting for the foreseeable future. But since the holidays are upon us and presumably it’s a time for good cheer, here are some of the talking points we’ll have in our pocket as we hit the punch bowl hard in the coming days:

