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 There will be advances in logistics in 2008
Significant advances are expected in logistics for next year, with the kickoff. of the Federal Government's projects to build and modernize highways, ports and railroad infrastructure, according to businessmen and representatives from the Logistics Sector in Mexico. Alberto Modiano, President of Council of Supply Chain Management Profesional (CSCMP).
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Lazaro Cardenas Port to be expanded
After a regrettable neglect and a drop in investments in industrial ports sector, the Federal Government has considered it is now the time to rescue this sector in order to face global competition. Therefore, next year the goal is increasing ports' infrastructure competitiveness and operations efficiency in the handling of container cargo.
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Auto parts industry grew 8.3% in the third quarter
Upon closing the third quarter of this year the behavior of production value of Mexican. auto parts is still positive, up 8.3% due to growth in both the domestic and export markets, Ramon Suarez Fernandez, President of the Mexican Auto Parts Industry Association, INA, declared. Asked about how this sector will close the year.
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McDermott will build the first maritime platform in Altamira
The American Company, J, Ray McDermott, a subsidiary of. McDermott International Group, will build the first maritime platform in their new facilities located in Altamira Port, after bidding for this project with Petroleos Mexicanos (PEMEX). The platform, named Maloob-C, will be installed in Sonda de Campeche and will start manufacturing in February 2008.
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Andrew's Reynosa operations named 2007 Industry of the Year
The Reynosa operations of Andrew Corporation has received the prestigious Industry of the Year Award for 2007, an annual regional award jointly given by the Ministry of the Economy and the local chapter of the Mexican Processing Industry Chamber, Cámara Nacional de la Industria de Transformación (Canacintra), a 66-year old organization dedicated to promoting Mexican industry worldwide.
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Mexican economy will grow 2.8% in 2008, Barclays Capital estimates
Barclays Capital, the investment bank, considers. Mexican economy will decelerate from 3.1% in 2007 to 2.8% in 2008, due to its high synchronization with US Economy. In the report "Global Insight and Implications in Financial Markets", the bank estimates that inflation in Mexico will close 2007 in 4.0% and in 3.9% next year, mainly due to an increase in food prices and the possible impact of the Fiscal Reform.
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VW achieves record sales
The German Group Volkswagen had sold up to November a record amount of 5.68 million vehicles all over the world, 8.5% more than even term in 2006. Volkswagen informed today in a press release that deliveries in Europe grew 2.7% from January to November, to reach 3.31 million units, when compared to the first 11 months of 2006, even if they experienced a 4.1% drop in Germany, where they sold 968,300 vehicles.
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Chihuahua has designs on Europe
The Minister of Industrial Development, Alejandro Cano Ricaud, announced that at least three. business missions will travel to Europe to promote new investment for the State in 2008, which will focus on the aeronautics sector. He said there are three important companies in this sector that in the first quarter of 2008 could officially announce they are coming to Chihuahua, of which two are European and one is from the USA.
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ARTICLE OF THE WEEK
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| Taming the Golden Eagle, the Dragon and the Tiger - Part II |
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By Paul Caine |
 An Overview Of China
To understand the opportunities in China, here is a quick review of the industrial site selection process evolution in China. From 1982 to 1991, the process was fly by the seat of your pants. However, the first Special Economic Zones were established near Hong Kong. Since 1982, five of these zones have been established. There have also been 49 Economic and Technical Development Zones established since 1984; 15 Free Trade Zones have been established since 1991; and 14 Border Economic Cooperative Areas have been established since 1991. The entire east coast of China features some type of free trade zone.
From 1992 to 2000, China improved its image by joining the World Trade Organization - allowing for the creation of global joint ventures.
From 2001 to 2007 the Chinese government is encouraging the transition to world trade and free trade zones.
In fact, China now has the largest amount of foreign direct investments in the world.
In regard to the site selection overview for China, the state is the central government. There are 30 provinces, four municipalities and five autonomous regions.
Leading Locations And Industries
In the northeast, the three provinces of Heilongjiang, Jilin and Liaoning are known for hand/machine tools and heavy industry. This region was the first home of South Korean and Japanese offshore plants.
Moving to Shandong we find the province is home to Taiwanese, Korean and Japanese investments. Steel foundries are the leading industry.
 Moving to two other provinces, Jiangsu and Zhejiang, they feature the most development activity in electronics and high-tech; light industrial; housewares/appliances; and housing operations from Singapore, Taiwan, Japan, Europe and the United States.
In Fujian, we see general industries of all types. The province is located across from Taiwan; in fact 80 percent of Taiwanese are from Fujian.
The province of Guangdong is home to the Pearl River Delta, Hong Kong and harbors located at Shenzhen and Dongguan.
Shanghai, located in Jiangsu, is where corporations will find the largest Free Trade Zone in China, and where 25 percent of all foreign China investment goes. The province is home to operations for 200 of the Fortune 500. Real estate investments in Shanghai come in the form of land vested with government; foreign investor granted land use rights, 50 years for industrial; and challenges in due diligence and documentation exist.
The main players in real estate include developers: Hong Kong, Singapore, Taiwan, and local; and global investors in development JVs: ING, AIG, Marubeni, GICsing and ProLogis.
Final Impressions on China
 China remains an emerging market. Its governmental areas operate independently. There are few qualified independent brokers. In regard to workforce, there is an experienced pool of Taiwanese and Hong Kong managers available to start up operations in plastics, auto, aerospace and the electronics industries, and other high-tech operations similar to the manufacturers as outlined and operating in various clusters in Mexico.
The low-down: China will be a favored location if you:
- Require additional labor savings.
- Products for the Chinese and, or other Asian markets.
- Need to source a specific supplier base in some sectors.
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Source: NAI Mexico, Global Corporate Xpansion Magazine
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MEXICO'S WEEKLY HEADLINES
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» Inflation: the highest risk at the start of 2008
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» Mexico exposed to deceleration in the U.S.
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» Economic growth of 2.8% is anticipated for next year
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» Official increase to fuels from January
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» Petroleos Mexicanos reaches historical incomes
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