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Mexico

The original report was published in The Times on Monday, November 5, 2012
Prime Minister David Cameron meets with Mexico’s President Felipe Calderon in Mexico City in June 2012
Mexico and UK sign agreement to double bilateral relations before 2015
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Strong control over its financial policies and incentivising competitiveness in every sector have caught global attentions
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Juan Carlos Cortes Garcia President of Proagro
Proagro leads the industry in Mexico and part of Latin America, providing an economic protection mechanism against food disasters
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Keeping Mexico’s unique heritage alive in its architecture today is Grupo Sordo Madaleno, one of the most important companies in its sector
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Alonso Quintana, CEO of Grupo ICA
Constructor of some of the country’s largest infrastructure projects, Grupo ICA plans greater international expansion
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The Autonomous Juarez University of Tabasco (UJAT) is deeply involved with the community and the particular needs of the region, and is dedicated to preparing its graduates for the professional world, both locally and globally
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Ideally placed in the northeastern corner of Mexico, Nuevo Leon is one of the most stable and prosperous states in the country, expanding rapidly and continually maintaining stability
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Nearly two centuries ago, the Mexican state of Queretaro led the country to independence, being among the first in the region to demand freedom.
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Analysts warn that excessive electricity subsidies distort market in the long run
Growing drought problems in the Mexican state of Chihuahua have boosted electricity consumption
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Not many places can claim to have a tourist attraction as spectacular as the Grand Canyon in the United States
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The Grijalva River runs through Sumidero Canyon, formed some 35 million years ago
Chiapas offers the world a rich palette of natural and cultural wonders
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One might assume that a region amply endowed with reserves of petroleum and natural gas would take a rather cavalier attitude towards programmes and initiatives aimed at mitigating the effects of global climate change, which has largely been blamed on the hydrocarbons that account for so much of the Mexican state’s wealth
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“Paste” is an example of the British influence – this came from the English Cornish pasty
Connections between Hidalgo and Great Britain can continue to be of benefit to both countries. It is a matter of looking to the wonderful past to build the connections between both countries
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Mexico is on the rise and testament to this success can be found in the financial results of companies operating there
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Enrique Carrillo, CEO of Mexico’s National Trust Fund for Tourism Development
Fonatur’s foundations unshaken as passage of time creates new opportunities for visionary investors
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Two pristine regions to consider as future financial hubs, Huatulco and Loreto are now at the forefront of offering tourists a luxurious, memorable experience
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Mexico has given tourism, both at home and abroad, extra impetus through higher budget allocation and greater exposure at the G20
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Michel Domit’s El Santuario (or, The Sanctuary) resort is as unusual as its founder.
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The Palace of Fine Arts in Mexico City
SECTUR programme offers plenty of interest for those wishing to discover what makes Mexico such an incredibly fascinating place to explore, as well as understand why so many people return for more
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Judith Macgregor, British Ambassador to Mexico
High-level exchange visits aim to boost British business involvement in the second largest economy in Latin America
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Edgardo Cantu Delgado, President and CEO of Vector Casa de Bolsa, talks about the journey to success of one of the leading financial service organisations in Mexico
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Mexico’s new PPP Law will further boost the country’s infrastructure
Under President Felipe Calderon Hinojosa, Mexico, Latin America’s second biggest economy, is enjoying a massive infrastructure boom, with the administration’s National Infrastructure Programme (NIP) aiming to put Mexico at a top 50 ranking in the World Economic Forum’s Global Competitiveness Index by the end of 2012.
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With an area of almost 2 million square kilometres (772,204 square miles) and a population close to 115 million, Mexico’s demand for infrastructure and housing is tremendous, and potential in the construction sector is vast.
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Rising higher education demand reflects a “strong need for a trained labour force with professional studies”
Higher education in Mexico has grown steadily, with regulations that foster development in the sector
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Choc-a-bloc with excellent universities, Mexican students have quite an offering to choose from for their tertiary education – and fortunately for them, the geographic distribution of these institutes is quite fair, meaning there is no need to pack their bags and head to the capital.
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One of the current top economic leaders in Mexico, the state of Guanajuato is not only one of the cultural centres of the Latin American country but also one of the key investment opportunities in the nation.
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Chihuahua’s rich natural resources includes the state’s biggest energy source, a reserve owned by Shell
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Gold and silver dominate the market, but lead and zinc are also key to Chihuahua’s important mining industry
More than one third of the workforce in the Mexican state of Chihuahua is employed in the mining sector, where several multinational mining companies have set up bases.
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The country’s southernmost state enjoys excellent logistical connections, superb gastronomy, a healthy economy and is home to three of Mexico’s “Magic Towns”
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Cocoa, honey, bananas, coffee and tilapia are among Chiapa’s prime agricultural products
From household staples like maize and beans to exotic fruits such as the rambutan or lychee, the rich soil of Chiapas has long been famous throughout Mexico for an agricultural output that is as diversified as it is bountiful
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This Mexican state has been making the most of its vast resources to ensure that good planning, a collective spirit and sheer hard work combine to help the area to maximise its potential
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State of Hidalgo
The Governor’s message is just one indication of the growth of Hidalgo over the last number of years
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Major petrochemical producer Grupo Idesa is open to new business as it continues branching out into other sectors
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The picturesque beaches of Quintana Roo are prime examples of areas that have profited considerably from Fonatur’s development and which continue to attract and impress holidaymakers
For more than 38 years, Cancun has borne testament to the success of the Integrally Planned Resorts (IPRs) designed and developed by Mexico’s National Trust Fund for Tourism Development, Fonatur.
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The Mexican government established a producers’ support agency and seal of quality to ensure excellence in food exports
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Monterrey-based bus company Grupo Senda transports more than 54 million passengers per year
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The General Manager of Plaza Suites, Jaime Levy, says his hotel is located on the finest street in the country
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he sacred, World Heritage-listed site of Chichen Itza contains masterpieces of Mesoamerican architecture
This year Mexico holds special appeal as a tourist destination of significance.
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Upper Reach

LOCATION:
Middle America, bordering the Caribbean Sea and the Gulf of Mexico, between Belize and the United States and bordering the North Pacific Ocean, between Guatemala and the United States
 
CAPITAL:

Mexico City (Distrito Federal)
 
AREA - comparative:

slightly less than three times the size of Texas

POPULATION:

113,724,226 (July 2011 est.)
 
GDP - composition by sector:

agriculture: 3.9%
industry: 32.6%
services: 63.5% (2010 est.)

AGRICULTURE - products:

corn, wheat, soybeans, rice, beans, cotton, coffee, fruit, tomatoes; beef, poultry, dairy products; wood products

INDUSTRIES:

food and beverages, tobacco, chemicals, iron and steel, petroleum, mining, textiles, clothing, motor vehicles, consumer durables, tourism

EXPORTS:

$298.5 billion (2010 est.)
country comparison to the world: 15
$229.7 billion (2009 est.)

EXPORTS - commodities:

manufactured goods, oil and oil products, silver, fruits, vegetables, coffee, cotton

EXPORTS - partners:

US 80.6% (2009)