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Recent and upcoming investment in Mexico

Information collected from media reports over the last month:

  • Greenhouse agriculture: Mexican agricultural producer Hortigen Produce reported plans to invest approximately US$80 million in greenhouse operations in the central state of Querétaro over the next four years. Projects include the addition of 97 hectares (240 acres) of pepper production utilizing hydroponic techniques. (El Economista, February 28, 2018)
  • Mining: Mexican mining firm Fresnillo, a subsidiary of Industrias Peñoles, plans investment of US$755 million during the current year, the company reported. Resources will support operations in silver extraction, zinc refining, and dynamic leaching and pyrites plants. (El Financiero, February 28, 2018)
  • Beverage: Netherlands-based beer brewer Heineken inaugurated its most efficient plant worldwide in the northern state of Chihuahua, the company reported. The US$500 million site makes use of latest technologies in areas such as water efficiency, energy conservation and recycling of raw material byproducts. (Reforma, February 28, 2018)
  • Retail: Mexican grocery and general merchandise retailer Soriana plans investment of approximately US$160 million this year to convert stores from its Commercial Mexicana format to its Soriana and Mega formats. Soriana purchased 143 Commercial Mexicana stores from Controladora Commercial Mexicana in 2016. (El Financiero, February 27, 2018)
  • Electricity: Spanish energy infrastructure developer Iberdrola reported plans to invest US$1.7 billion in new electricity generation projects through 2022. New plants are likely to include natural gas powered combined cycle generation as well as renewable energy such as solar or wind. (El Financiero, February 22, 2018) Continue reading Recent and upcoming investment in Mexico