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Real Estate Investment & News | Topic | industry | Page 1

21 March, 2016

Gulf Oil Corporation will seek to cover at least 25% of the market of petrol stations in Mexico and will operate up to 2,000 service stations by 2019. This month (March) will offer the first franchise opportunities and Gulf Oil expects to close 2016 with at least 100 units.

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15 January, 2015

Grupo Bimbo, the largest Mexican food maker and who also lays claim to the World's largest bakery, has recently announced that it will be partnering with Renovalia, a Spanish energy company, to build a $200 million dollar wind farm that will supply the majority of electricity that it will need for its operations in Mexico.

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15 January, 2015

The Wall Street Journal, the international newspaper with a daily circulation of over 2.1 million copies, recently reported that Mexico's auto production continued its brisk growth in November, rising 18% versus the same month a year ago.

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15 January, 2015

According to Businessweek, President Felipe Calderon, pictured above shaking hands with employees as he toured the new, state of the art Chrysler auto plant in Saltillo, Mexico ,has become a leader in Auto Production. Chrysler named the new addition to their manufacturing facilities CENTENARIO in honor of Mexico's 1910-1917 revolution's anniversary.

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08 January, 2015

The North American Free Trade Agreement (NAFTA) turned 20 years old in 2014, as Mexico’s auto industry emerges as a “clear winner” according to a variety of sources, including the latest Scotiabank Global Auto Report. The sector’s continued impressive growth since NAFTA’s introduction is creating a huge boost for Mexico’s already stable economy, providing a better wages for workers and is also improving the bottom lines for major global auto companies – and their shareholders.

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07 December, 2014

Perhaps the defining moment in Mexico’s rise among the global fashion elite was this summer when the lords and ladies of the industry came to Mexico City for the Financial Times Luxury Conference, which shed light on the nation’s visibly booming luxury market. Since then, the impressive pace of retail activity has been fueled by the rollout of three new Dolce & Gabbana stores, along with two Prada boutiques and a flagship St. Laurent location planned for next year… But that’s just the beginning.

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09 November, 2014

Although the major long-term boost that’s on the way from Mexico’s oil industry following the implementation of historic reforms this summer is most likely going to come from new deepwater fields in the Gulf, it could be up to 10 years before companies actually start pumping in the newly charted areas, which means the immediate spike in production will come from existing onshore fields in the same region.

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29 September, 2014

Mexico is quickly moving forward with the bidding process for the first contracts following the reform of its energy sector and is expected to announce the fiscal terms in November, followed by contracts for shallow water fields in late April or early May of 2015.  Contracts for deep-water fields will be awarded in Sept. and Oct. of next year.

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