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2010. NAFTA: Jan. 1, 1994. Liberalization automotive sector: Jan. 1, 2004. FTA Bolivia: Jan. 1, 1995. Trade liberalization 2002 FTA Costa Rica: Jan 1,

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Presentation on theme: "2010. NAFTA: Jan. 1, 1994. Liberalization automotive sector: Jan. 1, 2004. FTA Bolivia: Jan. 1, 1995. Trade liberalization 2002 FTA Costa Rica: Jan 1,"— Presentation transcript:

1 2010

2 NAFTA: Jan. 1, 1994. Liberalization automotive sector: Jan. 1, 2004. FTA Bolivia: Jan. 1, 1995. Trade liberalization 2002 FTA Costa Rica: Jan 1, 1995. Trade liberalization in 1999. FTA Colombia & Venezuela (G3): Jan. 1, 1995. Liberalization for heavy trucks and buses will be in 2007 May 25, 2006 Venezuela cancelled its participation effective November 25, 2006 NT FTA (North Triangle): Guatemala, Honduras & El Salvador Jan. 1, 2001. FTA Chile: Jan. 1,1999. Trade liberalization 1998 MEUFTA: July 1, 2000. Trade liberalization in 2007 FTA Israel: July 1, 2000 FTA Nicaragua: July 1, 1998. Trade liberalization 2002 AELC FTA: Switzerland, Liechtenstein, Norway & Iceland Negotiation: November, 2000 Brazil: Automtive Agreement, Ene. 1, 2003 Argentina: Automotive Agreement, May 1, 2003 EAA Japan: 1 April 2005 Mexico’s International Free Trade Agreements * Free Trade Agreements * 42 FTA with 11 regions

3 NORTH CORPUS CHRISTI U. S. A. LÁZARO CÁRDENAS 1316 km MANZANILLO PORT 1115 KM GUATEMALA BELICE HONDURAS STRATEGIC LOCATION NAFTA Time Zone STRATEGIC LOCATION NAFTA Time Zone GUADALAJARA ALTAMIRA PORT 574 KM MEXICO CITY VERACRUZ 1005 KM CHICAGO 2607 KM DETROIT 2977 KM NEW YORK 3405 KM SAN FRANCISCO 2660 KM EAGLE PASS, TX SAN ANTONIO HOUSTON COLOMBIA 247 km ASIA EUROPE NORTH CAROLINA 2454 KM

4 Mexico & Nuevo León at a glance Currency: Mexican Peso Official language: Spanish MéxicoNuevo León CapitalMéxico CityMonterrey Population107 Million4.4 Million (4% of Mexico's population) GovernmentFederal Republic 31 States, 1 Federal District State Government GDP$1,086 Billion USD$86.5 Billion USD (8.0% of the country’s GDP) Exports 2009$280 Billion USD$22 billion USD FDI$15 Billion USD$1.4 Billion USD Income per capita $10,181 USD$19,693 USD

5 Producer of 10.6% of all of Mexico’s manufactured goods, equivalent to $19.5 billion USD Total exports 2009: $22 billion USD Most important State in attracting FDI $1.4 billions in 2009 ($1.4 billion USD avg. per year) Over 2,400 foreign companies have established operations **Data from the Secretariat of Economic Development Economy FDI Nuevo Leon´s Achievements

6 Foreign Direct Investment $ 1.4 Billion of USD 2009 % USA 50.9 JAPAN 10.2 GERMANY 8.4 UK 7.2 CANADA 2.5 AUSTRIA 2.2 CHINA 1.4 CHILE 1.3 DENMARK 1.3 FINLAND.4 SPAIN.3 OTHERS 13.8

7 FDI in Nuevo Leon 2006-2010

8 Competitive Advantages

9 ns Education & Labor Force 93 colleges and universities with 150,000+ students. More than 60 bilingual schools. 213 technical careers with 52,000 students 5,000 engineers graduated per year (avg.) Workforce: 1.9 million, equals to 45% of the total population 12 years without any strike Stable, productive and highly qualified labor force Combination of high tech manufacturing in a low cost region

10 2 International airports (1 commercial, 1 corporate) +200 weekly non-stop flights to major US cities +1000 weekly National flights +100 cargo flights per week Modern and efficient Public transportation that includes bus & metro system (in expansion) Modern and efficient border crossing point at Colombia, N.L. Infrastructure & Connectivity CONNECTIVITY:

11 Automotive, autoparts and components* Home appliances and components* Electric and electronic equipment Metal mechanics Steel, glass, cement and beverages Software and IT services* Specialized Medical Services* * Formalized Cluster Consolidated Industrial Sectors

12 Aerospace* Biotechnology* Nanotechnology* Energy (specially Oil & Gas) * Formalized Cluster Shifting into a Knowledge –based Economy Knowledge-based economy

13 Location (NAFTA) Human Capital Stable Labor force Highest education level in the country (10.1 years) Supply Hub Program (Free service of locating suppliers) Competitive Nuevo Leon Modern Infrastructure (Technology Park and more than 100 industrial parks) Global business culture is widespread High quality of Life An efficient links between the Academia, the Industry and the Government

14 Nuevo Leon: The Platform for NAFTA Region Celina Villarreal Foreign Investment Director Secretariat of Economic Development Celina.villarreal@nuevoleon.gob.mx Ph. +52 (81) 2020-6570/ 6575 Call toll free from USA or Canada: 1-866-706-5103


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