Recent and upcoming investment in Mexico

Information collected from media reports over the last month:

  • Food processing: Guatemalan food processor Alimentos Idealsa plans to establish four processing plants in the southern state of Chiapas, the Chiapas state government reported. The company’s Mexican subsidiary Naisa Aceitera de la Selva is expected to produce edible oils at the US$105 million complex. (Cuarto Poder de Chiapas, December 23, 2019)
  • Leisure: Mexican cinema operator Cinemex plans to open seven new locations of its Alboa entertainment centers via investment of approximately US$26 million, the company reported. Alboa combines bowling lanes, live music venues and food and cocktails. (El Financiero, December 18, 2019)
  • Airports: Mexican airport operator Grupo Aeroportuario del Pacífico (GAP) reported plans to invest approximately US$1.2 billion over the next five years to expand and upgrade airport infrastructure. Projects include a new terminal for the Gudalajara airport, a new terminal building in Puerto Vallarta, a passenger processing facility in Tijuana and upgrades to two passenger terminals and possibly a new runway in Los Cabos.  (Reforma, December 13, 2019)
  • Pharmaceutical: French pharmaceutical multinational Sanofi reported investment plans totaling approximately US$77 million through 2023. Resources will support clinical studies and the expansion of a vaccination production plant in the Mexico City area. (El Financiero, December 11, 2019)
  • Natural gas: Mexican natural gas infrastructure operator Fermaca inaugurated a gas pipeline linking southern Texas to the central state of Aguascalientes, local media reported. The US$740 million mega-project has capacity to transport 1.3 billion cubic feet of gas per day. (Natural Gas Intelligence, December 11, 2019)
  • Pharmaceutical: Mexican drug maker Liomont inaugurated a new production plant in Mexico City built at an undisclosed cost, the company reported. The site is specially designed to produce biopharmaceuticals for the generics market. (Reforma, December 10, 2019)
  • Casual dining: Mexican casual dining chain Vips, managed by restaurant franchise operator Alsea, is projecting investment of up to US$14 million to remodel 40 of its restaurant locations. The chain also plans to introduce a special menu targeting fast growing delivery platforms such as Uber Eats, Rappi and an in-house service. (El Financiero, December 9, 2019)
  • Wind power: Mexican diversified corporate group Grupo Mexico announced plans to build a wind power generation plant in the northeastern state of Nuevo León in association with U.S. renewables developer Invenergy. The US$250 million site is planned to have generation capacity of 168 MW. (Renewables Now, December 6, 2019)
  • Fintech: Japanese conglomerate SoftBank invested US$100 million in Mexican financial services technology (fintech) startup Konfio, SoftBank reported. Resources will support expanding Konfio’s loan portfolio and introducing new products to the Mexican marketplace. (Reforma, December 4, 2019)

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