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Jalisco Attracts US$100 Million in German Automotive Investment

Jalisco, Mexico, has further solidified its position as a magnet for foreign investment in the automotive sector. During the Hannover Messe trade fair, the state secured approximately US$100 million in investments from prominent German companies. These investments are expected to create a significant impact on the local labor market.

New $1 Billion Luxury Resort Planned for Jalisco’s Costalegre

A Mexican tourism development firm intends to construct a $1 billion ultra-luxury resort and residential complex named Xala along the coast of Jalisco. Spearheaded by the team behind the Mandarina project, Xala will span 3,000 acres in Costalegre, situated south of Puerto Vallarta.

35-41 Storms Forecast for 2024 Hurricane Season in Mexico

Meteorological experts anticipate an above-average hurricane season for Mexico in 2024. The official season commences on May 15 in the Pacific and June 1 in the Atlantic. Forecasts predict a combined development of 35-41 systems, with 15-18 forming in the Pacific and 20-23 in the Atlantic.

GAP: April Passenger Traffic Down 7.6% at 12 Mexican Airports

For April 2024, the total number of terminal passengers at GAP’s 12 Mexican airports decreased by 7.6%, compared to April 2023. Tijuana, Los Cabos, Guadalajara, and Puerto Vallarta presented a decrease in passenger traffic of 13.0%, 8.5%, 4.6%, and 3.7% respectively, compared to April 2023.

Cinco de Mayo Honors a Mexican Victory, Not Independence

Cinco de Mayo, though not Mexican Independence Day as some mistakenly believe, commemorates the unlikely victory of a brave Mexican army over a formidable French force at the Battle of Puebla in 1862. The victory, a symbol of resilience and national pride, occurred amidst a period of immense hardship for Mexico.

Targeting New Markets, Jalisco Aims to Expand Avocado Exports

Jalisco, a major avocado producer in Mexico, is seeking to diversify its export markets beyond the current 30 countries it serves. The Jalisco Avocado Industry Body (APEAJAL) President, Eleazar Oceguera Aguayo, anticipates a 5% growth in exports for 2024.

GoFundMe Crowdfunding Platform Now Available in Mexico

Crowdfunding platform GoFundMe has arrived in Mexico. This means Mexicans can now create fundraising campaigns, receive donations, and withdraw funds in pesos through local banks. The expansion reflects a global rise in crowdfunding, with a 400% increase in donations from non-English speaking countries in the last 6 years.

Jalisco Court Paves Way for Abortion Decriminalization

A court ruling in Guadalajara, Jalisco has opened the door for the state to become the 13th in Mexico to decriminalize abortion. The decision follows the Mexican Supreme Court's landmark September 2021 ruling that declared criminal codes prohibiting abortion unconstitutional. The state Congress must now act to repeal the relevant legislation.

Wednesday, May 1 a National Holiday as Mexico Celebrates Labor Day

May 1st holds national significance in Mexico as 'Dia del Trabajo', commemorating the historic fight of workers for fair treatment and improved working conditions. With banks and government offices closed, Labor Day is a federally recognized holiday that guarantees workers a day off.

Mexico’s Data Center Boom: Potential Hub and Economic Boost

Over the next five years, Mexico could see as many as 73 new data centers built, attracting US$9.2 billion in investments. This expansion is driven by the country's growing demand for digital services and positions Mexico to become a significant player in the global digital services arena.
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