In 2015, Mexico
proved its ability to grow and create jobs. Today, Mexico is the main source of
growth in Latin America. In the first 11 months of 2015, 948,000 formal jobs
were created, 231,000 more than the average for the past ten years.
In the first
two and a half years of this administration, over $82.7 billion USD have been
received in FDI. This amount
is 38% higher than the comparable figure for the same period in the previous
and September 2015, foreign direct investment amounted to $21.585 6 billion USD. Some of the investments announced are listed below:
Goodyear-$550 million USD
company announced a $550 million USD investment in building a tire production plant in the
state of San Luis Potosí. The new plant will allow the direct creation of a thousand quality jobs
and five thousand indirect jobs and, and permit annual production of over six
Toyota-$1 billion USD
Toyota announced an investment of over one billion dollars in Mexico. “Mexico has skilled labor and a climate of labor
peace, and we have several competitive advantages that make us truly attractive
for investment,” said President Enrique Peña Nieto.
Constellation Brands-$2.275 billion USD
CEO of Constellation Brands, the brewer that markets Grupo Modelo brands in the
United States, announced it will invest $2.275 billion USD in the state of
USD of this amount will be allocated to the expansion of a brewery in the state
and $625 million USD to expand the capacity of the adjoining plant’s glass container
production. Production capacity will increase from the 10
million hectoliters the plant currently produces annually to 25 million
hectoliters by 2017.
Ford-$2.5 billion USD
Motor Company announced an investment of $2.5 billion USD for the expansion of
one engine plant and the construction of another plant to produce new generation
engines and transmissions. This investment will permit the creation of nearly four thousand jobs in
the states of Chihuahua and Guanajuato.
AT&T-$3 billion USD
Administrative Board, led by its Chairman Randall Stephenson, announced a
three-billion-dollar investment in Mexico, in addition to the $4.375 billion
USD the company spent on acquiring Iusacell and Nextel this year.
The new investment
will be used to create a network of latest-generation mobile internet that in just
six months, will be able to serve a third of the national population, and by 2018,
could achieve coverage of up to100 million people.
Grupo Modelo-$5 billion USD
announced a five-billion-peso investment in the Maya Project. Ricardo Tadeu, President and CEO, said that the
choice of Mexico as an investment destination has been simple: “Mexico has important qualities, a young, dynamic
population, a privileged geographical location, exceptional trade
liberalization and an environment that provides everyone with legal and tax
certainty,” he said.
investment will permit the construction of an aluminum can manufacturing plant in
the municipality of Hunucmá to produce up to one billion cans a year. This comprehensive project will create over a
thousand direct jobs during the construction phase; more than 500 direct and
permanent jobs during the operational phase and thousands of indirect jobs
throughout the supply chain.
Cargill-$7.254 million USD
and CEO David MacLennan announced a business plan involving more than seven
billion dollars in investment for 2015-2018. Cargill, which arrived in Mexico
in 1965, was established 150 years ago. It is in different countries and different states
in Mexico, supporting farming.
Global Enterprises Administrative Council-11.072 billion
Council of Global Enterprises (ECGE), which brings together 39 worldwide
companies in different sectors, announced that this year it will invest $11.172
billion USD in Mexico in addition to $13.503 billion USD in operating expenses. These investments will allow over 56,000 jobs to be
Real Estate Developers’ Association MDD-$18 billion
Estate Developers’ Association (ADI) announced an investment of 18 billion
dollars, equivalent to 277 billion pesos, during this administration. This investment will allow the construction of 279
modern real estate projects, including 117 housing developments and 61 malls.
Mexican Business Council-$33 billion USD
Business Council announced a $33-billion-dollar investment by the companies
comprising it, equivalent to a total investment of over 520 billion pesos for
The firms in
the Council have invested in the fields of telecommunications, consumer
products, mining, retail stores, chemicals, auto parts, pharmaceuticals,
banking, food, transportation, construction and infrastructure, and technology