Mexico has become the new hotspot for investors seeking opportunities in Latin America. The new president of Mexico, Enrique Peña Nieto, has been pushing for economic change, which has encouraged many investors put cash in to Mexico. A recent CNBC article quoted a research director at Frontier Strategy… Group as saying, “Brazil became a lot less attractive in the last year and a half. Mexico has definitely come up as a priority."
Mexican companies have proven themselves to have a better profit profile than those within Brazil, with higher profitability and better margins. Brazil has the largest economy within Latin America, but it has been fighting against high inflation, leaving investors worried that over a potentially low-growth environment. Compared to Mexico’s quickly growing economy, Brazil’s grew only 1 percent last year.
In the past year, iShares MSCI Mexico Capped exchange-traded fund grew over 17 percent. This is compared to a fund trailing Brazil, iShares MSCI Brazil Capped Index Fund, which depleted by over 15 percent.
Key fiscal, financial and energy reforms are expected in Mexico this year, and this comprehensive reform process will only deliver higher growth capacity for Mexico. Experts predict its economy will expand approximately 4.5 percent this year.
For Torre de Especialidades, a hospital with a new tower currently under construction in Mexico City, Allison Dring and Daniel Schwaag of the Berlin-based firm Elegant Embellishment have developed a tile called proSolve370e, which will cover the facade of the building. The tile’s shape and chemical coating will help… neutralize the chemicals present in the city’s smog which is produced by 8,750 cars driving each day.
The paint applied to the tiles is made from titanium dioxide, a pigment used to make a wide range of applications from paint to sunscreen to food coloring. Titanium (IV) oxide or Titania happens to double as a catalyst in certain chemical reactions. When UV light cuts through smoggy air and hits the titanium dioxide on the tiles, a chemical reaction occurs between the tiles and chemicals in the smog. The smog is broken down into small amounts of less noxious chemicals, including calcium nitrate, carbon dioxide, and water. This colorless salt absorbs moisture from the air and is commonly found as a tetrahydrate. It is mainly used as a component in fertilizers, but has other applications. The shape of the tiles also slows wind speeds and creates turbulence, which distributes pollution more evenly across the tiles.
While Torre de Especialidades is the first permanent exterior installation of their system, Dring is hopeful that others will follow Mexico City’s lead. “Other cities with pollution problems including Santiago, Beijing, Los Angeles, Beirut, Astana or those with tightening regulations as is the current case in Germany are ideal environments for proSolve370e.”
President Enrique Peña Nieto recently revealed a new national tourism policy for Mexico, which aims to diversify tourism products for the future as well as to strengthen existing destinations. Among these segments is medical tourism – a growing component of Mexico’s tourism industry. …
Mexico already possesses all of the conditions necessary to be a market leader in medical tourism, largely thanks to state-of-the-art facilities and well-trained physicians. For example, Nuevo León is recognized for its first class medical infrastructure, with nearly 9,000 internationally recognized experts, and 50,000 people employed in the healthcare field. For this reason, Mexico held its first Health Tourism Forum in Monterrey, Nuevo León in August 2011. The primary goal of the forum was to secure Mexico’s place as a leader in the medical tourism industry and to implement a standardized system for measuring quality health care.
Mexico’s health tourism market caters to travelers from around the world looking to combine a health procedure and vacation at a reasonable cost. The industry promises continued growth in Mexico. Tourists from around the world are now traveling to Mexican destinations such as Cancun and Riviera Maya to receive everything from holistic treatments to cardiology and oncology care. Puerto Vallarta also has a growing reputation as a destination for medical tourism. Medical tourism in Puerto Vallarta provides state of art equipment, inexpensive services, bilingual physicians and low waiting times for patients.
Mexico adventurer Abraham Levy will attempt to row it alone from Puerto de Palos, Spain, to Cancun, Mexico, in a sixth-month journey inspired by Christopher Columbus’ voyage to the Americas. …
Levy, whose trip will begin on October 12, said “I want to do what the great explorers did and set out from the Old World, leaving Puerto de Palos en route to Mexican Lands.”
The adventure aficionado will travel via a boat that is equipped with navigation gear, GPS, satellite phone, a desalinization plant, a stove and solar panels to charge the lithium batteries. He will also have land-based support from a group of doctors, trainers and meteorological experts. The carbon fiber boat weighs 400 pounds, measures 24 feet long and 5 feet abeam, has a hermetic cabin and 10-foot oars of the same material.
This is not the first major voyage for Levy. He kayaked 6,800 miles along the coasts of his country in 2008.
"The trip will take about four months, but I'm going prepared to spend six months at sea," said Levy, who will set out on his journey in October because at that point hurricane season is over on his route, which follows the trade winds to the Canary Islands, continues on to the Caribbean, and then changes course to Mexico.
During the 38th edition of Tianguis Turistico last month in Puebla, national and international journalists alike flocked to the Marriott… hotel for a breakfast hosted by the city of Mazatlán. Praised as the ‘Pearl of the Pacific,’ this colonial city is home to 15,000 expats and the largest malécon on the Pacific.
Mazatlán has seen much growth in recent years. Carlos Berdegue, vice president of the Mazatlan Hotel & Tourism Association and CEO of El Cid Resorts, has long been an advocate for development within the region. As Berdegue mentioned, “This year marks the return of cruise lines to the port of Mazatlán: Princess Cruises, Norwegian, Holland America and Azamara Cruises.” Berdegue also confirmed that forty per cent more flights would be bringing travelers to Mazatlán within the next year as a result of his negotiations with various airlines.
When most people envision Mexico, sun and beach destinations typically come to mind. Though, as the draw of magical towns continues to grow, more visitors are looking to experience the culture of Mexico while travelling abroad. The government of President Enrique Peña Nieto, along with Secretary of Tourism Claudia Ruiz Massieu and the Mexican Tourism Board, is moving toward strengthening the tourism sector and promoting travel both domestically and internationally.
Home to theaters, galleries, a plethora of delectable seafood and a Centro Historico protected by UNESCO as a World Heritage Site; Mazatlán is a city most visitors find themselves not wanting to leave. Learn more first hand from some of the Canadian and American expats living in ‘the colonial city on the beach.’
At a breakfast held during Tianguis Turístico last month, the Mexico City Secretary of Tourism, Miguel Torruco Marqués, announced that he is signing agreements with key metropolitan cities to drive tourism internationally: New York, London and Madrid. Driving tourism in key metropolitan markets worldwide is essential to… the continued success of Mexico as a premier destination.
Secretary Torruco Marqués is not only focusing on international markets, he has also been developing national partnerships between states. The Secretary recently signed an agreement with the head of Michoacán’s Tourism Board, Mr. Roberto Enrique Monroy Garcia, which will propel Michoacán as a destination to experience.
High atop the Trans-Mexican Volcanic Belt, in the national butterfly sanctuaries, the eastern population of Monarch butterflies trek thousands of miles to their overwintering grounds in Michoacán each year. This program will help to drive tourism between the states as part of the “Enjoy Mexico City” initiative to mobilize tourists and nationals to experience Mexico’s capital, and the largest city in Latin America.
The campaign has already begun to positively impact hotel occupancy in Mexico City, with a four percent increase this March over last year’s volume. With millions of dollars being invested into the economy of the city, and international outreach, Mexico City will soon become a landmark destination for all who visit Mexico.
Though you may be able to place Cancun or Puerto Vallarta on a map, can you locate a wine region within Mexico? Likely not. Often revered for its world-class sun and beach destinations, the country offers a world of possibilities: from colonial cities to the vineyards of Baja. Last month at Tianguis… Turistico, in Puebla, the wines of the Baja took center stage as the region promoted their rich grapes.
Just south of the U.S. border, the state of Baja California stretches south from continental Mexico onto the Baja Peninsula, the Pacific Ocean and Gulf of California on either side. The peninsula is home to two states, Baja California and Baja California Sur, the second of which is predominantly known for sun and beach. To the north, in Baja California, rests a plethora of vineyards that make up Baja California wine country. Start in Rosarito and work your way south to the Valle de Guadalupe experience some of the finest grapes in the region. Be sure to stop at Santo Tomás to enjoy their wine and chocolate pairing; each wine has a specific chocolate made to accentuate the flavors. The vineyard also makes one of the world's finest olive oils, having won the title years ago at the world championship. See a map of Baja California wine country.
A recent editorial in the Christian Science Monitor praised the political leadership of President Enrique Peña Nieto for breaking years of political gridlock in Mexico. The editorial discussed policies proposed by President Peña Nieto to reform the education, energy and telecommunications sectors. …
“The so-called Pact for Mexico signed by top political leaders has enabled President Enrique Peña Nieto to overcome legislative paralysis and either pass or present serious reforms,” stated the Christian Science Monitor editorial. “To the surprise of many, his own Partido Revolucionario Institucional (PRI), which once represented the entrenched status quo, has taken on big interests that have long held Mexico back.”
The Christian Science Monitor hailed the legislative cooperation in Mexico as a model to solve political gridlock in the United States.
“Mexicans have witnessed a rare moment in which their bickering political leaders came together for change,” the editorial stated. “At a time when the US Congress is struggling even to pass a budget, Mexico provides a model for what can be done”
Boating enthusiasts will flock to Cabo San Lucas in May to celebrate the third annual Mexico International Boat Show and Marine Products and Services Fair at its new location – the IGY Marina Cabo San Lucas in front of the Wyndham Cabo San Lucas Resort. …
A new lineup of exhibitors reflects a growing segment in Mexico’s robust nautical tourism, boating and yachting market. The show, which takes place May 1-4, 2013, is the only boat show and marine products and service fair on the Baja California peninsula and Mexico’s entire West Coast.
To celebrate its arrival, Lux Penny Vacations has partnered with Pisces Sport-fishing and Playa Grande Resort to promote a six-day deep sea fishing excursion. The fun-filled package includes $250 off of your deep sea fishing trip on the Sea of Cortés, six nights at the luxurious Playa Grande Resort, and limo service to and from the airport.
Mexico plays host to the most ideal destinations for sports tourism. Whether you are an athlete or an avid follower, there is a place in… Mexico that is perfect for you. Between its prime locations for water skiing, mountain biking, gravel driving races and sailing, any sports fan would feel at home vacationing in Mexico.
Guadalajara and the state of Jalisco hosted the 2011 Pan American Games. The event is the world's second largest athletic competition, ranking behind the Summer Olympics, and had a significant economic impact on the state of Jalisco. 6,000 athletes competed in a variety of sports. Water skiers from across the Americas came to the beautiful lakeside town of Ajijic, with sport fans from across the globe gathering in the charming town to watch. Ajijic is perfect for water skiing. The venue for the games was Boca Laguna, an artificial lake adjoining Lake Chapala in this central Jalisco town. Ajijic’s draw to the adventurous has created a town perfect for an exhilarating vacation.
The Pan American Games’ sailing competition took place at the Vallarta Yacht Club in Nuevo Vallarta. Fans of windsurfing, laser radial, laser standard, J-24, hobit cat, snipe, lightning and sunfish gathered to watch the 140 athletes compete. Nuevo Vallarta is no stranger to tourism, with many Americans and Canadians choosing its white, sandy beaches as a vacation destination.
Tapalpa, a municipality within Jalisco, was the perfect location for a mountain biking venue in Mexico. As part of the Sierra de Tapalpa, it has an extremely mountainous terrain – 74 percent of Tapalpa is considered “hilly!” In addition to being a haven for mountain bikers and mountain hikers, this environment has made Tapalpa a home for hang-gliding and paragliding.
In March, Mexico hosted the third round of the World Rally Competition as the first gravel event. Mexico spread 23 stages across 397 kilometers. It took place in the mountains surrounding the towns of Leon, Silao, Irapuato and Guanajuato. The Rally Guanajuato Mexico was the longest at 54.9 kilometers. While the dust may have settled from the action-packed event, the excitement over it has not. The event has become increasingly popular, for both competitors and spectators, and is expected to only gather more and more followers every year.
Whether it’s the sport itself that calls to you or the excitement of watching, Mexico provides many unparalleled destinations for the avid sports fan. Come play in Mexico, and have the most exhilarating vacation of your lifetime!
High speed rail in Mexico is a key priority for the new President of Mexico. In a recent speech outlining a National Tourism Policy for Mexico, President Enrique Peña Nieto emphasized the need for improved infrastructure in tourist destinations. As an example, Peña Nieto proposed the completion of a rail… line across the Yucatán Peninsula linking the colonial city of Mérida to the beach resorts of the Mayan Riviera. The Mexican government plans to spend approximately 11 billion pesos on the project.
The Transpeninsular Train would feature air-conditioned cars carrying as many as 400 passengers and traveling at speeds up to 110 mph. The first stage of the railroad would run from the Yucatán capital of Mérida to Punto Venado on the Caribbean Coast, with links to the Mayan archaeological sites of Chichen Itza and Tulum.
The new focus on high speed rail in Mexico marks a change in transportation policy. With the exception of a few tourist trains, like the Tequila Express in the state of Jalisco and the Copper Canyon railway through the Sierra Madre, Mexico all but eliminated passenger rail service when it shut down the state-run Ferrocarriles Nacionales de México (National Railways of Mexico) in the 1990s.
Adding to their strong presence in the electronics and automobile industries, Mexico is a major player in the worldwide aerospace industry. In a relatively short time, this country of 113 million people has gone from a minor parts supplier to a major partner of several large aviation companies by … its attractive offerings of lower-costs, a free-trade system, and skilled, motivated workers. Mexico can thank the large amount of foreign direct investment they have received in recent years for solidifying their place in the highly competitive, fast-growing aerospace industry.
Strong cooperation between governments, universities, and private sectors in promotion of the capabilities of the Mexican aerospace sector has incentivized foreign manufacturers to increase their operations, not only in manufacturing but also in establishing an engineering base. For instance, Mexico, Baja CA, Chihuahua, Nuevo Leon, Sonora and Queretaro have larger aerospace clusters.
“They make it easy for you to do business down here,” says John Gardner, strategic program manager at Kaman Aerostructures, another newcomer in Chihuahua. “They provide a 'soft landing,' to get a quick startup—a good startup. We got a lot of support up front and afterward.”
Aerospace investors in Mexico also cite the country’s geographic location, open trade policies, political and economic stability as their main reason for moving manufacturing south of the border. Such stability has been particularly attractive to companies fearful of their intellectual property security and swayed them away from such countries as China.
Mexico is a leader in renewable energy from solar power. Now, thanks to a new energy bill, rural Mexican communities will be able to power their homes and schools using the sun’s power. The announcement came after the Mexican government approved amendments to the country’s renewable energy bill… aimed at promoting rooftop photovoltaic solar panels at public schools.
Not only will the education centers benefit from a free and environmentally friendly source of energy, but also surplus energy will be able to be sold back to others in the community.
Currently Mexico offers a generous reward scheme for those who want to invest in solar photovoltaic. Mexico was the second country in the world to implement long-term climate change targets into national legislation. The renewable energy bill calls for a 30% reduction in emission growth by 2020, and 50% by 2050 with 35% of energy to come from renewable sources by 2024.
U.S. President Barack Obama will meet his Mexican counterpart, President Enrique Peña Nieto, during a visit to Mexico in early May. The bilateral meeting is expected to address issues of trade, economic growth and immigration. …
"The president welcomes the opportunity to discuss ways to deepen our economic and commercial partnership and further our engagement on the broad array of bilateral, regional, and global issues that connect our two countries," the White House said.
While he was still president-elect of Mexico, Peña Nieto met with President Obama in November 2012, and invited him to visit Mexico. Vice President Joe Biden attended President Peña Nieto’s December 2012 inauguration ceremony.
The upcoming visit will be President Obama’s fourth trip to Mexico. President Obama previously visited Mexico in April and August 2009 for a meetings with then President Felipe Calderón. President Obama also attended the G-20 Summit in Los Cabos in June 2012.
Mexico’s brand ambassador Galia Moss, the first female in Latin America and Mexico to travel solo across the Atlantic Ocean, is currently… sailing her third solo trip. This time, her adventure takes place in Latin America.
On November 6, 2012, Galia embarked on an expedition that would make history. She started her journey in Xcaret located in Riviera Maya – one of the most popular beach destinations for American and Canadian tourists – and is making her way around the tip of Argentina. After approximately 180 days, Galia will finish her trip on the sunny shores of Acapulco.
The sailboat carrying this female pioneer was built in France and designed by architect Marc Lombard fit to Galia’s needs. It was named “El Mas Mejor II” and is a 35-foot vessel with its own kitchen and living area to help Galia feel at home during her six-month journey. As a Mexico brand ambassador, Galia’s sailboat also has the Mexico Today logo on it.
After covering nine thousand miles in 41 days on her first trip across the Atlantic Ocean, Galia has gained considerable mention in the news. She was even listed in the Guinness Book of World Records for her first solo trip.
As a representative of Mexico and women in Latin America, Galia strives to promote education in her home country. She supports “Just Raise Your Hand” alliance, which improves school infrastructure and provides resources to children in need. For every 1.813 nautical miles, the Alliance improves the infrastructure of 1-8 schools and for every 10 miles, one child receives financial support and school supplies.
For updates on Galia’s sailing journey, visit her website at http://galiamoss.org, which features a blog, maps and images from her trip.