the State of Mexico received an important investment in the electromobility sector a world leader in the manufacture of electric motorcycles has chosen the municipality of Ocoyoacac to install its new plant with an estimated investment of almost US$80 million and the creation of 200 direct jobs This was informed by Jaime Gutiérrez Casas general director of Coordination of Economic Development and Competitiveness of the Secretariat of Economic Development (Sedeco) during the analysis round table 'Nearshoring: Opportunity for the insurance sector in the State of Mexico' Gutiérrez Casas pointed out that the Chinese company is seeking to consolidate its presence in Latin America and has chosen the State of Mexico as its center of operations in Mexico the projected investment was US$40 million the amount could reach US$78.6 million in the next five years The new headquarters in Ocoyoacac will also generate indirect jobs strengthening the local economy and the electromobility ecosystem in the region The executive emphasized that the State of Mexico continues to attract investment thanks to its strategic location and technological development He also mentioned that sectors such as automotive present great opportunities for growth in the state With a population of 27.7 million inhabitants and 8.1 million employed people the State of Mexico is the largest consumer market in the country the state went from sixth to second place in attracting foreign investment which reinforces its global competitiveness the State of Mexico is positioned as a key logistics hub as it is part of the economic corridor of the Felipe Ángeles International Airport (AIFA) With a division into seven economic regions the state government seeks to guarantee security and certainty for investors fundamental factors for the arrival of new companies We’re in the business of providing relevant information through print and electronic media organizing events to bring industrial value chain actors together and services to create new business relationships Our goal is to improve our clients’ competitiveness An adult lion roaming the streets of a town about an hour’s drive from central Mexico City prompted concern among residents Wednesday morning but fears subsided after the animal was safely recaptured The incident occurred in San Pedro Cholula a locality in México state about 18 kilometers west of Toluca and 52 kilometers southeast of Mexico City After escaping from a local facility known as the RECICA wild animal shelter Videos and images shared on social media showed the lion walking through public areas But when officials from local security and civil protection agencies arrived for a search operation they confirmed that the lion was secured safely and without incident by someone from RECICA and returned to the facility the foundation’s acronym stands for Rescate de Circo y Cautiverio or Rescue from Circus and Captivity in English A 2015 federal law that prohibits the use of wild animals in circuses across Mexico resulted in such animals being confiscated by federal authorities from circuses and similar shows Many ended up in facilities like that of RECICA which appears to have existed since at least 2016 located in the community of San Pedro Cholula houses various wild felines — including lions According to a 2022 feature by the news media outlet Excelsior it at one time had about 80 wild animals living on the property many of whom had been rescued from circuses and other similar shows although it included in that number animals such as coatis and raccoons In November, a pair of inspections at a San Pedro Cholula facility operating under the name “RESICA” resulted in the arrest of four dozen individuals The federal environmental agency Profepa conducted the raid after the officials from the state of México’s Attorney General’s Office (FGJEM) were met with armed resistance during an earlier attempted inspection Authorities reportedly found on the premises more than 30 exotic animals Profepa said the animals were found in good health and well-fed and “that the place allegedly has authorization as an animal sanctuary and refuge.” “the person in charge did not show proof that it is registered to operate as a Wildlife Management Facility or Property (PIMVS) and did not present the document with the corresponding management program.” The newspaper El Financiero reported that a criminal complaint was initiated against the property owner allegedly the leader of a criminal organization “linked to the Sinaloa Cartel.” The paper identified him as Francisco Torres Palacios These incidents and others highlight ongoing concerns about wildlife trafficking and illegal animal trade in Mexico Just this week, Profepa rescued an African lion that was found chained in a private home in Sinaloa. And last month, the agency rescued 12 animals — including five leopard geckos three veiled chameleons and two three-keeled musk turtles — from a parcel delivery company This isn’t the first time a lion has wandered the streets in México state. In late 2023, a lion cub was on the loose in Xonacatlán, about 20 kilometers from San Pedro Cholula With reports from Milenio and Infobae ADVERTISE WITH MND COMMUNITY GUIDELINES Subscription FAQ's Privacy Policy Mexico News Daily - Property of Tavana LLC France is bolstering its economic ties with Mexico by increasing investments in the energy according to French Ambassador to Mexico Delphine Borione Speaking at the “France and Mexico: Allies Toward Sustainable Nearshoring” event hosted by the Franco-Mexican Chamber of Commerce and Industry (CCI France Mexico) Borione highlighted recent announcements from French companies as evidence of France’s growing commitment to the Mexican market In the automotive sector, Paris-based Valeo has plans to spend US $800 million over the next five years to expand and modernize its operations in Mexico In the energy sector, green hydrogen giant Hydrogène de France announced an investment of US $2.5 billion in December 2023 Sanofi recently confirmed an investment of US $50 million to expand its plant in Ocoyoacac where the company manufactures the probiotic Enterogermina “These investments reflect not only the commitment of French companies to the development of Mexico but also their fundamental role in job creation infrastructure development and technology transfer,” Borione continued — Delphine Borione (@delphborione) October 4, 2024 While the ambassador acknowledged that Mexico brings great nearshoring opportunities, she said the country must address challenges including access to clean energy sufficient water and human resources for the industries of the future Borione said that Mexico is an “ideal candidate” for the relocation of multinational companies thanks to its strategic geographic position its preferential access to the North American market its robust industrial sector and the quality of its workforce said that French companies are cautiously watching the political landscape in the United States and Mexico it is a challenging period as we do not know the impact that the elections in the United States and the situation of the reform of the judiciary will have on investments but the companies that are already here are continuing their activities and growing,” Najjar said adding that Mexico continues to provide the stability that investors are looking for Najjar also stressed that Mexico needs to support the development of sustainable finance “We need investments that support innovative and sustainable projects The creation of a financial framework that encourages responsible practices and collaboration between the public and private sectors is essential,” she said Brione said that France is the eighth-largest source of investment projects in Mexico and that the embassy is fully committed to facilitating exchanges between Mexican and French stakeholders to strengthen bilateral economic relations This effort aligns with President Claudia Sheinbaum’s vision for nearshoring as a key driver of economic growth for Mexico With reports from T21 and Top Management Archive HOUSING Bnamericas Published: Thursday, August 22, 2024 Rail line Light rail / Interurban train 43,000+ global companies doing business in the region 102,000+ key contacts related to companies and projects news and interviews about your industry in English THIS is the terrifying moment a huge escaped lion is seen prowling across a quiet neighbourhood Footage shows the dangerous beast just after it had broken loose from its enclosure and started to stalk around a small Mexican town were left in shock when they witnessed the killer feline on the pavement captured the moment the apex predator paused on its journey and gave a piercing stare at panicking people rushing to tame the big cat Those who saw the escaped king of the jungle on the loose quickly alerted the cops and animal specialists at around 7am on Wednesday The police were unable to track down the dangerous beast until they found it and safely took it home to the Recica Animal Foundation where it had escaped from OP TRAGEDY TikTok influencer dies after undergoing cosmetic surgery at Mexico clinicThe nearby rescue centre was in the town of Ocoyoacac. The San Pedro Cholula mayor's office released a statement on the incident, saying: "The animal was quickly captured and the relevant investigations have been initiated to determine the origin of the incident and prevent future incidents.  "Likewise, the necessary checks will be carried out to reinforce security measures in the area." It didn't cause any harm or damage to the surrounding areas. A man in a yellow hoodie over his head bravely walked side-by-side with the animal through the open gate many residents believed the lion may have escaped from an animal sanctuary on a property once owned by the alleged leader of a gang with links to the Sinaloa Cartel The home became infamous in November 2024 after police rescued 27 wild animals from the sanctuary - including tigers Cops later announced they had arrested 40 people and charged them with having ties to a criminal organisation The ownership of wild animals is legal in Mexico with a permit provided by the Federal Attorney General's Office for Environmental Protection Another escaped lion rocked a small Italian seaside town in 2023 when residents saw it stalking the streets Terrified locals in Ladispoli, near Rome, were told to stay indoors as police hunted the beast down It simply got up and limped off, reports local news outlet Corriere della Sera VW Sell More EVs, Yet Makes a Lot Less Money Ram Reveals Revamped, Stylish Sub-$50K 1500 Express Home/NewsMastretta MXT hits SoCal like hot salsa gets ready for North American salesThis yellow hottie from down Mexico way is the Mastretta MXT – you may remember it from the racially charged Top Gear kerfuffle earlier this year Built on a bonded aluminum chassis very similar in concept to that of the Lotus Exige and Elise it is a rare home-produced and conceived sports car from the heart of Latin America Mastretta is located about a quarter-hour outside of Mexico City limits in Ocoyoacac the edgy package is based on said British bonded alloy chassis with a carbon fiber floor panel and rear engine cradle The body is all composite construction and the MXT hugs the earth on 17-inch Toyo tires Click through to the jump to continue reading General Manager Carlos Mastretta tells us that the Mastretta MXT at present sells for the equivalent of $58,000 in Mexico and he insists that once the car is sellable in the rest of North America The trick is that in upper North America – i.e and Canada parts – clients will get the chassis and body assembly sans engine and transmission customers can choose essentially whichever 2.0-liter T-ish engine they might desire thus the car can qualify under the “specialty” homologation loophole group with relaxed emissions and crash test cost hurdles Mr. Mastretta has an interesting family legacy that should add a nice bit of brand equity to the MXT effort. His father was at the polytechnic university in Milan, Italy, in 1931 and '32 as a student, where he was instructed by young engineering professor Enzo Ferrari the very real Italian influences behind this effort we'll be driving the MXT in Europe in January using our French connections We're eager to see what she's like and to decide if North Americans could warm up to a semi-locally produced track day two-seater with an interesting pedigree LLC and respective content providers on this website Other product and company names shown may be trademarks of their respective owners LLC and respective content providers to this website may receive compensation for some links to products and services on this website Some of Mexico’s archaeological sites are littered with garbage defaced with graffiti and in various states of deterioration which probably explains in part why they see few visitors The National Institute of Anthropology and History (INAH) has reported that four significant sites received no visitors last year and that 16 others saw fewer than 1,000 an important ceremonial center between the years 450 and 650 AD a site with a large pyramid topped with a temple dedicated to Tláloc and Huitzilopochtli the Mexica gods of rain and war respectively remained closed to the public in 2018 because of damage sustained to the site during the September 2017 earthquake and the discovery of a new temple a site with structures from several pre-Columbian cultures dating as far back as 750 BC terraces and what archaeologists think might be Mesoamerica’s oldest tomb Lack of personnel may be the reason for many sites being virtually abandoned suggested a report in the newspaper El Universal INAH director Diego Prieto acknowledged last month that the institute has terminated 850 positions in the last 15 years Source: El Universal (sp)