AP – Mexico plans to invest $30 million in a Guatemalan milk plant, aiming to increase employment in its neighbor and reduce the outflow of migrants. The plant in Escuintla, 31 miles outside of Guatemala City will generate at least 4,000 new jobs.
Reuters – Mexico’s states are turning to Asia and beyond as some U.S. companies put investment plans on hold south of the border following President Donald Trump’s calls to bring jobs back home.
Globe and Mail – With Donald Trump occupying the Oval Office, Canadians are carefully considering the geopolitical landscape before laying out their purchase plans and Mexico is benefiting. The peso has dropped some 15 per cent against the greenback since Mr. Trump’s victory in November while the Canadian dollar has strengthened. Although most Mexican properties in the desired oceanfront areas are priced in U.S. dollars, local real estate experts still contend it is an affordable market for Canadian investors.
WSJ – Wall or no wall, the nation’s entrepreneurs are moving on. Despite threats ranging from anti-immigrant politics to currency volatility to the rising threat of trade protectionism, the flowering Mexican startup scene has a fallback plan: the rise of homegrown venture capital.
Reuters – The vast majority of German companies operating in Mexico expect U.S. President-elect Donald Trump’s trade policy to have a negative impact on business, though most still plan to invest in the coming year, a survey showed.
Reuters – Foreign direct investment (FDI) in Mexico rose 4.3 percent to $7.896 billion, a record high for the first quarter. The United States accounted for about 29 percent of the total, followed by Israel, Spain, Germany and South Korea.
El Financiero – Mexico fell nine places in the Direct Foreign Investment Confidence Index, according to HV Kearney. It now ranks No. 18 on the index, its worst record since 2012.
Reuters – Foreign direct investment in Mexico rose by a fourth last year to reach $28.382 billion. The United States accounted for 53 percent, followed by Spain, Japan and Germany.
El Economista – The telecommunications sector totaled 18.6 percent of the foreign direct investment flowing into Mexico in the second quarter, a total of $5.419 billion.
Reuters – Mexican mining and railroad company Grupo Mexico expects to invest $1 billion in new oil projects over five years from a mix of contracts and joint ventures with national oil firm Pemex, a top executive said on Tuesday.
CNNExpansión – Dunkin ‘Donuts plans to invest about 424 million pesos ($25 million) in Mexico over the next six years with the opening of 106 stores, with the intention to be a leader in coffee sales.
Clean Technica -China’s largest direct investment in Mexico has come in the wind energy sector. Envision Energy, a manufacturer of low speed wind energy turbines, has acquired a majority stake in a portfolio of wind energy projects with total capacity of 600 MW.
EFE – Gross fixed investment in capital equipment and construction rose 7.6 percent in June, compared to the same month in 2014, the Mexican National Statistics Institute, or INEGI, said.
EFE – Mexico and Hong Kong have announced plans to begin negotiating a Reciprocal Investment Promotion and Protection Agreement, or RIPPA, in 2016, Mexico’s Economy Secretariat said.
Sentido Comun – Mexico’s aerospace industry could attract investment of $1.1 billion by the end of this year boosting exports to more than $7 billion, according to estimates by the journal méxicoNOW.
Financial Times – Julius Baer, the Swiss private bank, announced plans to acquire NSC Asesores, a Mexican financial advisory company, for an undisclosed sum.
Sentido Comun – Gross fixed investment posted its second consecutive increase in April to advance 0.4 percent against March, a good sign that at least companies are increasing investments.
WSJ – AT&T Inc. plans to invest around $3 billion in Mexico to make its high-speed mobile Internet service available to 100 million people by the end of 2018, the U.S. telecommunications company said.
Reuters – Mexico has more investment projects under negotiation with Cuba than any other Latin American country as it seeks to strengthen relations within the region and engage with the Communist-run nation, the country’s head trade official in Cuba says.
Constellation Brands, which owns the Modelo beer business in the United States, said it planned to invest $2.27 billion in the northern Mexican state of Coahuila to expand one of its breweries and a glass plant.